2996 Windjammer Road, Mississauga

$859,900
2996 Windjammer Road

$859,900

New
8d
Semi-Detached Backsplit 4

2996 Windjammer Road, Mississauga

Total Monthly Obligation $4,307

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
17
Yield
4.2%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Semi-Detached
MLS® Number-W14083210
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30 × 153.15 ft
Listed on site-Oct 15, 2026
Style-Backsplit 4
Building Type-Semi-Detached
Taxes-$5,562 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Meadowtowne Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Erin Mills
Title-Residential Freehold

No agent assigned

Welcome to this spacious 4-level backsplit tucked away on a quiet cul-de-sac in popular Erin Mills neighbourhood of Mississauga. Offering a practical layout with plenty of room for the whole family, this 3-bedroom semi-detached home is full of possibilities. The main level features a bright and generous living room with a walk out to the sunroom, creating an easy extension of your living space and a great spot to enjoy the backyard views. The adjoining dining area offers plenty of room for family dinners and entertaining, while the eat-in kitchen provides ample cabinetry, counter space and room for casual meals. Upstairs, you'll find three bedrooms, including an impressively spacious primary bedroom boasting an amazing walk-in closet, along with a 4-piece family bathroom. The lower level adds even more usable living space with a large finished recreation room, ideal for movie nights, a kids' hangout, games room or home office, plus a convenient 3-piece bathroom. Laundry and plenty of additional storage are also found on this level. Outside, the 3 season sunroom, with removable windows, opens to a large, private feeling backyard surrounded by mature greenery, offering lots of space to garden, entertain, play or simply enjoy the outdoors. And one feature that really sets this home apart is the built-in two car garage, providing excellent parking and storage. Set on Windjammer Road, a cul-de-sac street, this is a home with the space and layout to work for a growing family today, while offering plenty of opportunity for a new owner to make it their own.

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

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,307/mo
Mortgage $3,469
Monthly Loss $3,394
Principal$913
Interest$2,556
Property Tax$464
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.3/ 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
$35,880/yr
NOI
$22,230/yr
Net Cash Flow
-$1,616/mo
Cash Margin
-54.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.7/ 100

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

Comparables

Properties near 2996 Windjammer Road

Time

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