1170 Talka Court, Mississauga

$2,349,999
1170 Talka Court

$2,349,999

New
7d
DetachedBungalow-Raised

1170 Talka Court, Mississauga

Total Monthly Obligation $10,810

Beds
5
Baths
2
Park
4
Sqft
1500-2000
DOM
7d
Score
13
Yield
2.3%
Cash on Cash
-13.7%
Cap Rate
1.6%
5Y IRR
4.9%
10Y IRR
6.4%
Property Type-Detached
MLS® Number-W14089530
Beds-5
Bathrooms-2
Size-1500-2000 sqft
Lot Size-39.99 × 120.23 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$11,466.48 (2026)
Parking-6 - Attached
Basement-Finished, Separate Entrance
Heating-Baseboard (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-Inground, Salt
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex 60-120
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Nestled on a quiet court in prestigious Erindale, offering the perfect blend of refined living, exceptional privacy and resort inspired luxury, this beautifully updated raised bungalow is truly one of a kind. Featuring over 1,900 sqft. of above-grade living space plus an additional 1000+ sqft in the finished basement, this residence offers a functional layout with 4 bedrooms on the main floor and a bedroom in the basement. Interior upgrades include an updated kitchen w/ premium appliances, enhanced primary bedroom storage with 2 dedicated closets, custom window coverings, updated lighting, indoor dry sauna and a renovated basement bathroom with a micro cement shower. Step outside into your very own resort-inspired backyard, an extraordinary outdoor oasis designed for relaxation and entertaining. At the heart of this spectacular retreat is a heated, saltwater inground pool complemented by two sundeck areas, an eight-person hot tub, a custom covered cabana with integrated lighting and a fully equipped outdoor kitchen with a Napolean BBQ and Italian Quartz countertop. A dedicated outdoor 2-piece bathroom changing area and tropical outdoor shower. Extensive premium hardscaping, architectural stonework, professionally designed landscaping, a fire pit, multiple fire features, lounging and dining areas, integrated landscape and architectural lighting and an outdoor sound system. surrounded by mature trees and lush greenery, the backyard offers remarkable privacy. Every detail has been carefully considered to deliver the ultimate outdoor living experience, where summer days are spent poolside, evenings are enjoyed beneath the stars. This exceptional property combines the comfort and functionality of an updated family home with the luxury and tranquility of a private retreat. A rare opportunity to experience an extraordinary resort-inspired lifestyle in Mississauga's prestigious Erindale neighbourhood.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,879,999
Land Transfer Taxes$45,225
Legal Fees (Est.)
$
Total cash required for closing$516,725

Total Monthly Obligation

$10,810/mo
Mortgage $9,479
Monthly Loss $8,315
Principal$2,494
Interest$6,985
Property Tax$956
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.2%0
5-Year IRR
2.9%6
10-Year IRR
5.1%
Returns Index
4.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$53,280/yr
NOI
$31,986/yr
Net Cash Flow
-$6,814/mo
Cash Margin
-153.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.0/ 100

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

Comparables

Properties near 1170 Talka Court

Time

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