1690 Sherway Drive, Mississauga

$3,499,850
1690 Sherway Drive

$3,499,850

New
4d
Detached2-Storey

1690 Sherway Drive, Mississauga

Total Monthly Obligation $15,918

Beds
5
Baths
4
Park
7
Sqft
3000-3500
DOM
4d
Score
13
Yield
1.6%
Cash on Cash
-16.4%
Cap Rate
1.1%
5Y IRR
2.9%
10Y IRR
4.9%
Property Type-Detached
MLS® Number-W14094966
Beds-5
Bathrooms-4
Size-3000-3500 sqft
Lot Size-120 × 267 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$17,101.81 (2026)
Parking-9 - Built-In
Basement-Full, Finished
Heating-Forced Air (Electric)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-South
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Lakeview
Title-Residential Freehold

No agent assigned

An Extraordinary Offering In Lakeview! Set On Nearly 1.8 Acres Of Pvt, Tree-Lined Grounds Backing Onto Etobicoke Creek & A Wooded Ravine, This Remarkable Property Presents An Exceptional Opportunity For Families, Builders & Investors Like No Other. Whether Reimagining The Existing Residence, Creating A Grand Custom Estate Or Exploring Potential Severance, This Expansive Parcel Offers Outstanding Possibilities, Subject To Applicable Approvals. The Traditional Country-Inspired Home Features 4+1 Bdrms, 4 Baths & Approx. 4,518 Sqft. Of Total Space, W/ Generously Proportioned Principal Rooms, Oversized Windows, A Bright Kitchen W/ Stone Countertops & Centre Island, & A Character-Rich Family Room W/ Exposed Wood Beams, Wood Panelling, Wood-Burning F/P & Wet Bar. Upstairs, 4 Well-Proportioned Bdrms Offer Comfort & Privacy, Each Featuring Generous Space, Lrg Windows & Dbl-Door Closets. The Spacious Primary Retreat Boasts A Vaulted Ceiling, His-&-Hers Closets, A 4-Pc Ensuite & Views Of The Surrounding Grounds. The Bright Lower Lvl Offers A Rec Area, Pvt Office, Addn'l Bath & Storage. Outdoors, Expansive Lawns, Mature Trees, A Saltwater In-Ground Pool & A Generous Rear Deck Create An Inviting Setting For Relaxation & Entertaining. A Detached Cottage-Style Bungalow W/ Its Own Kitchen & 4-Pc Bath Adds Versatility For Guests, A Home Office Or Potential Nanny Suite, Subject To Applicable Permissions. Addn'l Features Include A Dbl-Car Garage, Parking For Up To 9 Vehicles, 200-Amp Electrical Service & Water Filtration System. The Impressive 266.93 X 357.7 Ft. Lot Offers Extraordinary Scale, Privacy & Potential For A Custom Estate Or Further Exploration Of Development Opportunities, Subject To Municipal Approvals, Zoning & Applicable Regulations. Located Near CF Sherway Gardens, Schools, Healthcare, Major Highways & Toronto Pearson International Airport, This Rare Lakeview Offering Combines A Tranquil Natural Setting W/ Exceptional Convenience & Remarkable Long-Term Potential.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$2,799,880
Land Transfer Taxes$73,971
Legal Fees (Est.)
$
Total cash required for closing$775,441

Total Monthly Obligation

$15,918/mo
Mortgage $14,117
Monthly Loss $12,203
Principal$3,715
Interest$10,402
Property Tax$1,425
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
0.9%7
Cash-on-Cash
-18.5%0
5-Year IRR
1.1%4
10-Year IRR
3.8%
Returns Index
2.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$57,300/yr
NOI
$29,968/yr
Net Cash Flow
-$11,620/mo
Cash Margin
-243.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.181
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
10.8/ 100

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

Comparables

Properties near 1690 Sherway Drive

Time

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Data last updated within the past 24 hours.