7279 Vernor Drive, Mississauga

$949,990
7279 Vernor Drive

$949,990

New
4d
DetachedBacksplit 4

7279 Vernor Drive, Mississauga

Total Monthly Obligation $4,683

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
4d
Score
17
Yield
4.1%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-W14093574
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 129.8 ft
Listed on site-Oct 19, 2026
Style-Backsplit 4
Building Type-Detached
Taxes-$5,711.48 (2026)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-INTERCITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-30-90 days
Neighbourhood-Malton
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained detached 4-level backsplit, offering a versatile layout with plenty of space for growing families, multi-generational living, or those who love to entertain. This bright and inviting home features spacious principal rooms, large windows that fill the home with natural light, and a functional floor plan designed for comfortable everyday living. The main level boasts an open and welcoming living and dining area, and well-appointed kitchen. The upper level features generously sized bedrooms and a full bathroom, The family room had previously been used as an additional bedroom. The lower levels provide additional living space, ideal for a family room, home office, recreation area, or guest suite, with excellent potential for an in-law setup. Step outside to enjoy a private backyard, perfect for summer barbecues, gardening, or relaxing with family and friends. Complete with a private driveway and attached garage, this home is conveniently located close to parks, schools, shopping, transit, and major highways. A fantastic opportunity to own a spacious home in a desirable family-friendly neighbourhood. Pride of ownership really shows in this home and has great curb appeal with it's manicured lawn and charming front porch.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$759,992
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,973

Total Monthly Obligation

$4,683/mo
Mortgage $3,832
Monthly Loss $3,675
Principal$1,008
Interest$2,824
Property Tax$476
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,336/yr
NOI
$25,191/yr
Net Cash Flow
-$1,733/mo
Cash Margin
-52.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.7/ 100

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

Comparables

Properties near 7279 Vernor Drive

Time

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