5683 Shillington Drive, Mississauga

$899,999
5683 Shillington Drive

$899,999

New
10d
Att/Row/Townhouse2-Storey

5683 Shillington Drive, Mississauga

Total Monthly Obligation $4,534

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
10d
Score
18
Yield
4.7%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Att/Row/Townhouse
MLS® Number-W14084098
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-63.32 × 102.59 ft
Listed on site-Oct 13, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$6,338 (2025)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air, None
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Hurontario
Title-Residential Freehold

No agent assigned

FIRST TIME OFFERED FOR SALE - ORIGINAL OWNER HOME ON A PREMIUM CORNER LOT! A rare opportunity to own a home that has been cherished by the same family since it was built! One of the first homes constructed on the street, this spacious 4+1 bedroom, 4-bathroom property is being offered for sale for the very first time. Situated on a desirable premium corner lot in an established Mississauga neighbourhood, this home offers generous living space, a functional layout, and exceptional potential to make it your own. The main floor features a spacious eat-in kitchen, separate formal living room, and a large family room with a cozy fireplace, providing plenty of room for everyday living and entertaining. A convenient main-floor laundry room adds to the home's practicality. The finished basement offers additional living space and a fifth bedroom, ideal for extended family, guests, a recreation area, or a home office. Outside, enjoy a fully fenced backyard with a storage shed, an attached single-car garage, and a private driveway accommodating two additional vehicles. Full of original character, this home presents an exciting opportunity to introduce your own style and modern updates while enjoying the space, layout, and established setting it already offers. Conveniently located close to schools, parks, shopping, restaurants, major highways, and the future Hurontario LRT within walking distance. A wonderful opportunity to own a spacious, longtime family home with endless possibilities for its next chapter!

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

Closing Costs

Mortgage Amount
$719,999
Land Transfer Taxes$14,475
Legal Fees (Est.)
$
Total cash required for closing$195,975

Total Monthly Obligation

$4,534/mo
Mortgage $3,630
Monthly Loss $3,578
Principal$955
Interest$2,675
Property Tax$528
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,300/yr
NOI
$27,232/yr
Net Cash Flow
-$1,361/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.7/ 100

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

Comparables

Properties near 5683 Shillington Drive

Time

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