2405 Rosemary Drive, Mississauga

$1,369,000
2405 Rosemary Drive

$1,369,000

New
4d
DetachedBacksplit 5

2405 Rosemary Drive, Mississauga

Total Monthly Obligation $6,704

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
4d
Score
16
Yield
3.8%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W14092498
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-50 × 248 ft
Listed on site-Oct 19, 2026
Style-Backsplit 5
Building Type-Detached
Taxes-$9,676.96 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY CENTRE
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-15-30/TBA
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Don't Miss This Opportunity! Original Owner, Purchased Directly From Builder In 1976! First Time Offered. This Gorgeous 4 Bedroom, 3 Bathroom, Rare 5 Level, Centre Hall, Backsplit Has Been Very Well Maintained! At Nearly 3000 Square Feet "Not" Including the Basement, This Home Would Be Ideal For A Large Family or Extended Family Members. Sitting On A Huge 50 Foot x 248 Foot Private Lot With Automatic Underground Sprinkler System. This Spacious Home Comes With Huge Principle Rooms. The Primary Bedroom Features An En-suite and Walk-Out To Lovely Second Storey Full Length Balcony Over Looking The Grounds. There Are Hardwood Floors Through-Out Most Of The Main and Upper Levels. Ground Level Laundry Area With Convenient Access to Side Yard. Beautiful Large Family Room With Natural Stone Gas Fireplace & Matching Stone Wet Bar With 2nd Walk-Out To Ground Level Porch Over Looking Backyard. Fantastic Full Length Front Veranda For Relaxing On Those Hot Summer Days and Directly Underneath The Veranda You Will Find a Huge Cold Cellar With Plenty of Space and Built-In Shelving. The Driveway Fits 4 Vehicles and 2 Vehicles In This Oversize Double Car Garage With Storage Loft. This Property Is Conveniently Located Near Huron Park and The Community Centre. Down The Street From St. Martin Secondary School & Hawthorn Public School, Minutes to Trillium Hospital, Credit Valley Golf Club, Erindale 'GO' Station, Public Transit, University (U.T.M.), Sheridan College, Square One Shopping Centre, The Credit River, Erindale Park, The Riverwood Conservancy, QEW, Hwy 403, Etc.

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

Closing Costs

Mortgage Amount
$1,095,200
Land Transfer Taxes$23,855
Legal Fees (Est.)
$
Total cash required for closing$299,155

Total Monthly Obligation

$6,704/mo
Mortgage $5,522
Monthly Loss $5,250
Principal$1,453
Interest$4,069
Property Tax$806
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.0/ 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
$52,680/yr
NOI
$33,235/yr
Net Cash Flow
-$2,753/mo
Cash Margin
-62.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.1/ 100

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

Comparables

Properties near 2405 Rosemary Drive

Time

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Data last updated within the past 24 hours.