1916 Reiss Court, Mississauga

$819,000
1916 Reiss Court

$819,000

New
3d
Semi-Detached Bungalow

1916 Reiss Court, Mississauga

Total Monthly Obligation $4,112

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
21
Yield
5.6%
Cash on Cash
-0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Semi-Detached
MLS® Number-W14096530
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-36 × 113.47 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$5,200 (2026)
Parking-4 - None
Basement-Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP REALTY SYSTEMS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Clarkson
Title-Residential Freehold

No agent assigned

Located on a quiet, family-friendly court in desirable Clarkson, this spacious home offers exceptional flexibility for extended families, multi-generational living, or buyers seeking additional income potential. The main floor features 3 bedrooms, a newly renovated kitchen (2023), and bright, open-concept living and dining areas with engineered hardwood flooring throughout. The lower level offers a separate living arrangement complete with an additional bedroom, kitchen, family room, and 4-piece bathroom, providing added privacy and versatility. Recent updates include the kitchen and main living areas (2023), front and side doors (2023), roof and basement windows (2023), and washer and dryer (2026). Both the furnace and hot water tank are owned. Enjoy the convenience of being close to schools, public transit, major highways, recreation facilities, and Clarkson's beautiful lakefront parks. A fantastic opportunity in an established, sought-after neighbourhood!Seller or Seller's Agent does not warrant the retrofit status of the basement apartment.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,112/mo
Mortgage $3,304
Monthly Loss $3,243
Principal$869
Interest$2,434
Property Tax$433
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%49
10-Year IRR
12.1%
Returns Index
25.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$45,600/yr
NOI
$31,340/yr
Net Cash Flow
-$692/mo
Cash Margin
-18.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
22.9/ 100

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

Comparables

Properties near 1916 Reiss Court

Time

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Data last updated within the past 24 hours.