3302 Cardross Road, Mississauga

$1,159,000
3302 Cardross Road

$1,159,000

New
4d
DetachedBungalow

3302 Cardross Road, Mississauga

Total Monthly Obligation $5,711

Beds
5
Baths
3
Park
4
Sqft
1100-1500
DOM
4d
Score
16
Yield
4.2%
Cash on Cash
-6.2%
Cap Rate
3.2%
5Y IRR
10.7%
10Y IRR
10.7%
Property Type-Detached
MLS® Number-W14093410
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50.23 × 130.18 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,929.73 (2026)
Parking-6 - Attached
Basement-Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Applewood
Title-Residential Freehold

No agent assigned

Stunning 3+2 beds, 3 full baths bungalow with double car garage located in desirable Applewood and backing onto park! Modern open concept kitchen comes complete with newer cabinets, centre island, quartz countertops, SS appliances, custom backsplash & pot lights. Spacious living/ dining area with cozy electric fireplace. Hardwood floor through out main level. Master bedroom comes complete with 4 pc ensuite privileges. Separate entrance to oversized 2 bed, 1 full bath, second kitchen and family room with gas fireplace basement. Lower level is great for in-laws, teenagers or to generate rental income. Spacious family room could be use as additional bedroom. List of upgrades includes: roof 2018, furnace/humidifier/hot water tank 2022, interlocking /asphalt driveway 2023, doors/trims/pot lights 2021, kitchen appliances 2021, windows 2020 and all 3 bathrooms renovated 2021. 6 parking places available (2 in garage and 4 on driveway). Great location close to public transit, good schools, shopping, parks, trails, community centre, Kipling subway, Dixie Go & major highways!

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

Closing Costs

Mortgage Amount
$927,200
Land Transfer Taxes$19,655
Legal Fees (Est.)
$
Total cash required for closing$252,955

Total Monthly Obligation

$5,711/mo
Mortgage $4,675
Monthly Loss $4,481
Principal$1,230
Interest$3,445
Property Tax$661
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.2/ 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
$48,528/yr
NOI
$31,245/yr
Net Cash Flow
-$2,071/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.7/ 100

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

Comparables

Properties near 3302 Cardross Road

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.