1571 Lewisham Drive, Mississauga

$1,279,900
1571 Lewisham Drive

$1,279,900

New
7d
DetachedSidesplit 4

1571 Lewisham Drive, Mississauga

Total Monthly Obligation $6,195

Beds
6
Baths
3
Park
3
Sqft
1500-2000
DOM
7d
Score
16
Yield
4.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-W14089208
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-50 × 125 ft
Listed on site-Oct 16, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$7,887.28 (2026)
Parking-4 - Attached
Basement-Separate Entrance, Apartment, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TERRA REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-Above Ground
Facing-South
Exterior-Brick, Other
Roof-Metal
Foundation-Concrete, Other
Sewer-Sewer
Possession-Flexible / TBD
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Rare Opportunity To Own A Ultimate Luxury With Income Potential ! Perfectly proportioned detached home boasting 1,712 sq ft of functional, family-friendly living. An exceptional find beautiful 3+3 Bedroom, 3 Washroom detached home is nestled on private ravine lot with an extra-wide driveway & a magnificent backyard oasis.The main level boast modern elegance & at the heart of the home is a gourmet chef's kitchen complete with granite countertops, premium appliances, custom cabinetry & a center island perfect for hosting. Relax in the spacious,light-filled living room that seamlessly opens onto a deck with gazebo, overlooking a stunning swimming pool and beautifully landscaped ravine backyard. The lower level features a separate entrance & 3 bedrooms, kitchen, spacious recreation room with a large window and fireplace, 3-piece washroom & private laundry offering excellent potential for rental income or extended family living.Upgrades include a premium metal roof (Dec 2025) & enhanced roof insulation (March 2026) for ultimate energy efficiency. Features a brand-new flat roof on the garage.This location offers the homeowner a perfect balance of closeness to major transit, schools & offers quietness of a community built around a desirable neighborhood of Clarkson, Mississauga.**Shows 10/10

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

Closing Costs

Mortgage Amount
$1,023,920
Land Transfer Taxes$22,073
Legal Fees (Est.)
$
Total cash required for closing$279,553

Total Monthly Obligation

$6,195/mo
Mortgage $5,163
Monthly Loss $4,836
Principal$1,359
Interest$3,804
Property Tax$657
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%23
10-Year IRR
9.1%
Returns Index
13.0/ 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
$53,400/yr
NOI
$35,673/yr
Net Cash Flow
-$2,190/mo
Cash Margin
-49.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.2/ 100

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

Comparables

Properties near 1571 Lewisham 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.