3253 Ibbetson Crescent, Mississauga

$999,000
3253 Ibbetson Crescent

$999,000

New
5d
DetachedBacksplit 4

3253 Ibbetson Crescent, Mississauga

Total Monthly Obligation $5,030

Beds
5
Baths
4
Park
4
Sqft
1500-2000
DOM
5d
Score
19
Yield
5.3%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-W14092906
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-84.49 × 152.52 ft
Listed on site-Oct 18, 2026
Style-Backsplit 4
Building Type-Detached
Age-51-99
Taxes-$7,500 (2026)
Parking-6 - Attached
Basement-Apartment, Separate Entrance
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE TERREQUITY REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Erindale
Title-Residential Freehold

No agent assigned

Welcome to this Wonderful family home on a cul de sac, very private. Great opportunity to live in this solid brick home with over 2400 sqft of livable and usable space. We have been converted into 2 legal apartments with separate entrances, and can easily be returned back to a single family house. Upper unit has 3 full bedrooms, 2 washrooms, family size kitchen with separate dining room and separate living room, though open concept, and with private laundry. The lower level apartment has 2 bedrooms in total, 2 full washrooms, large eat in kitchen, living room/ family room with fireplace, separate laundry and sun filled sunroom with sliding doors to a gorgeous huge backyard and extra large shed. Lots of customized finishings; from fine tiles to heated toilet seats, move in as is or custom as you like. Please note, Pictures do not give justice to how beautiful the fully fenced backyard truly is; custom flowers, fruits, vegetables, solar lights, walk ways, every inch tailored with loving hands-you have to see this! Entertain here in this oasis, or enjoy personally, you will not be disappointed! We also have a massive crawl space for tones of storage, in addition to lots of closets throughout. Tenants will vacate before or upon closing, unless you would like them to stay. Our hot water tank is new and owned, and we have wall unit air conditioning units throughout. Come and visit, we have so much to offer, and still lots of potential. Keep as an investment, or return this back, into your own single family home.

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(utilities, internet...)
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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

$5,030/mo
Mortgage $4,030
Monthly Loss $3,969
Principal$1,060
Interest$2,969
Property Tax$625
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$52,476/yr
NOI
$35,228/yr
Net Cash Flow
-$1,094/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
19.6/ 100

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

Comparables

Properties near 3253 Ibbetson Crescent

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