2607 Old Carriage Road, Mississauga

$1,320,000
2607 Old Carriage Road

$1,320,000

New
8d
Detached2-Storey

2607 Old Carriage Road, Mississauga

Total Monthly Obligation $6,416

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
8d
Score
15
Yield
3.4%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-W14080432
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40 × 149 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,602 (2026)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-tba
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained home in a desirable Mississauga neighbourhood! Highlights include a legally expanded interlock driveway offering ample parking and excellent curb appeal. Enjoy total peace of mind with a newer roof (2023) and high-quality appliances throughout the home, all under 3 years old. Bright, spacious, and move-in ready-perfect for families or investors looking for a turn-key property. Close to top-rated schools, parks, shopping, highways, and public transit. Don't miss this fabulous opportunity!

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,056,000
Land Transfer Taxes$22,875
Legal Fees (Est.)
$
Total cash required for closing$288,375

Total Monthly Obligation

$6,416/mo
Mortgage $5,325
Monthly Loss $5,015
Principal$1,401
Interest$3,923
Property Tax$717
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,276/yr
NOI
$27,646/yr
Net Cash Flow
-$3,021/mo
Cash Margin
-80.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2607 Old Carriage Road

Time

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Data last updated within the past 24 hours.