1027 Serdica Court, Mississauga

$1,298,500
1027 Serdica Court

$1,298,500

New
8d
Detached2-Storey

1027 Serdica Court, Mississauga

Total Monthly Obligation $6,215

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
8d
Score
17
Yield
4.4%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-W14081718
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-34.39 × 111.26 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,227 (2025)
Parking-5 - Attached
Basement-Separate Entrance, Walk-Out, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-JANUARY/TBA
Neighbourhood-Lorne Park
Title-Residential Freehold

No agent assigned

Absolutely spectacular renovated home with over $140,000 spent on recent upgrades and nestled on a quiet court in the exclusive area of Lorne Park. Spacious living/dining room area with stunning hardwood floors and convenient pass-through window to kitchen. Gourmet modern custom kitchen with stainless steel appliances/hood, quartz countertops, porcelain floors, soft closing cabinetry/drawers, under cabinet lighting, new kitchen window (2025), built-in desk station with printer cabinet, glass tiled subway style backsplash, under mount sink, and an extra large breakfast area with walk-out to a 10' by 5' balcony perfect for enjoying morning coffee. Trendy updated 2 piece powder room (2022) and no carpeting on any level throughout the home. Upper level features gorgeous hardwood floors and his/her closets throughout all large bedrooms. Renovated main 4 piece main bathroom with soaker tub and glass shower doors. Separate side entrance leading down to an open concept finished walk-out basement (2017) ideal for entertaining with wet bar, floor to ceiling wood burning stone fireplace, laminate floors, pot lighting, cold cellar, laundry area, and a 3 piece spa-like bathroom with rain shower head. Thousands spent in 2025 with new furnace, air-conditioning, and flow through humidifier. Great curb appeal with all brick exterior, beautiful lush landscaped gardens, double wide interlocking driveway that fits up to 4 cars, new outside and entry lights (2026), new front bedroom windows (2025), tilt in windows ideal for cleaning, new roof, eaves, soffits, and fascia (2019). Backyard oasis with fully fenced treed yard, interlocking patio area, gas line for barbeque, and no direct neighbours behind. Located in the premium Lorne Park School District and just minutes away to Rattray Marsh, 3 Lakefront parks with dog park, beaches, walking/biking trails, tennis courts, shopping, transit, QEW highway, and Port Credit Go Station.

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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,038,800
Land Transfer Taxes$22,445
Legal Fees (Est.)
$
Total cash required for closing$283,645

Total Monthly Obligation

$6,215/mo
Mortgage $5,238
Monthly Loss $4,837
Principal$1,378
Interest$3,859
Property Tax$602
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$57,720/yr
NOI
$40,221/yr
Net Cash Flow
-$1,886/mo
Cash Margin
-39.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
16.7/ 100

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

Comparables

Properties near 1027 Serdica Court

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