1554 Sunnycove Drive, Mississauga

$999,000
1554 Sunnycove Drive

$999,000

New
10d
DetachedSidesplit

1554 Sunnycove Drive, Mississauga

Total Monthly Obligation $5,000

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
10d
Score
20
Yield
5.3%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-W14092130
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-50 × 122 ft
Listed on site-Oct 13, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$7,144 (2025)
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX A-B Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lakeview
Title-Residential Freehold

No agent assigned

Lovingly maintained by the same family for 45 years, this charming 3-bedroom sidesplit home offers an incredible opportunity within one of Mississauga's most evolving waterfront neighbourhoods. With 1,700 sq. ft. of living space, enjoy a functional layout, carpet-free living throughout, and a separate side entrance to the lower level with potential for an in-law suite or additional living space. Situated on a generous 50 x 122 ft. lot, the fenced backyard is surrounded by mature trees, offering a beautiful setting for entertaining, relaxing or enjoying time with family. A double-car garage adds everyday convenience, and recent updates include a new dishwasher (2025) and backyard deck (2022). Tucked away on a quiet, tree-lined street, located just minutes from waterfront trails, golf courses, Long Branch GO, TTC, the future Lakeview GO Station, restaurants, shopping and major commuter routes including the QEW, 427, Lakeshore Road and easy access to Downtown Toronto. A rare opportunity to make this well-loved home your own in a location you'll love for years to come!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$5,000/mo
Mortgage $4,030
Monthly Loss $3,940
Principal$1,060
Interest$2,969
Property Tax$595
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.1%44
10-Year IRR
11.5%
Returns Index
22.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$53,160/yr
NOI
$36,200/yr
Net Cash Flow
-$1,013/mo
Cash Margin
-22.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
19.9/ 100

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

Comparables

Properties near 1554 Sunnycove Drive

Time

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