234 Lech Walesa Drive, Mississauga

$999,999
234 Lech Walesa Drive

$999,999

New
8d
Detached2-Storey

234 Lech Walesa Drive, Mississauga

Total Monthly Obligation $4,935

Beds
3
Baths
4
Park
2
Sqft
1100-1500
DOM
8d
Score
16
Yield
3.8%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W14081438
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-29.59 × 120.7 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,320.71 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Best Sellers Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD,60/90+
Neighbourhood-Fairview
Title-Residential Freehold

No agent assigned

Welcome to 234 Lech Walesa Drive in Mississauga's desirable Fairview neighbourhood. This clean, well-maintained and thoughtfully updated detached 2-storey home is move-in ready and offers approximately 1,461 sq.ft. above grade plus 738 sq.ft. of finished lower-level space, providing approximately 2,200 sq.ft. of total finished living space over three levels. With 3 bedrooms, 4 bathrooms and a bright, functional layout, this home offers plenty of room for comfortable family living. The main floor features an open-concept living and dining area filled with natural light from large windows, along with a functional kitchen featuring stainless steel appliances and a separate breakfast area. Upstairs, the spacious primary bedroom includes a private ensuite and walk-in closet, complemented by two additional bedrooms and a full bathroom. The fully finished basement adds valuable living space with a large recreation room, den, full bathroom, laundry and cold room. Outside, enjoy a private, fully fenced backyard with interlocking patio, ideal for entertaining or relaxing. The property also features a 2-car driveway and convenient garage access from the porch. City-approved permits are already in place to create a future legal basement apartment or in-law suite with a separate entrance and can be transferred to the new buyer, offering excellent potential for multi-generational living or rental income. Recent updates include a renovated powder room (2026), new fridge (2025), new roof (2025), new driveway (2024) and new gutters (2022). The high-efficiency furnace and A/C are owned. Great location near Cooksville GO, the Hurontario LRT, Square One, Celebration Square, Kariya Park, Trillium Hospital, Fairview Park, schools, shopping, restaurants and major highways including the QEW, 403 and 401. A well-kept, versatile detached home in a family-friendly neighbourhood with excellent future potential. Come see what makes 234 Lech Walesa Drive such a great place to call home.

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Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,935/mo
Mortgage $4,034
Monthly Loss $3,874
Principal$1,061
Interest$2,972
Property Tax$527
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$38,232/yr
NOI
$23,588/yr
Net Cash Flow
-$2,068/mo
Cash Margin
-64.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.7/ 100

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

Comparables

Properties near 234 Lech Walesa Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.