
5851 Cornell Crescent, Mississauga
Central Erin Mills · Investor guide
$1,649,000
Estimated Value
$1,220,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,850/mo
Based on Central Erin Mills neighbourhood rental data for 5-bed Detached
Remarks
Nestled on a quiet cul-de-sac in the highly sought-after John Fraser Public School district, this exceptional home presents a rare opportunity to own a premium pie-shaped lot that widens to 91 feet at the rear, creating an incredible backyard oasis rarely found today. Surrounded by mature trees and lush landscaping, the expansive yard offers an abundance of green space with endless possibilities. Whether you're hosting family gatherings, watching the kids play, or envisioning a future pool, this backyard delivers. With over $100,000 invested in professionally designed outdoor upgrades, you'll enjoy a spacious stone patio, a premium upgraded $25,000 hot tub, and a stunning screened-in gazebo complete with a wood-burning fireplace, creating the perfect space to entertain or unwind in every season. Offering approximately 4,688 sq. ft. of total finished living space, not including the attached garage, the thoughtfully designed interior features spacious principal rooms filled with natural light, creating an inviting atmosphere for both everyday living and entertaining. The kitchen overlooks the breakfast area and family room, while the formal living and dining rooms provide an elegant setting for holidays and special occasions.The upper level features four generously sized bedrooms, including a spacious primary retreat with a walk-in closet and private ensuite. The finished lower level expands the home's versatility with a large recreation room, fifth bedroom, dedicated office, and abundant storage, making it ideal for guests, a growing family, or multi-generational living.Lovingly maintained over the years, this home offers the perfect opportunity to move in and enjoy today while adding your own personal style over time. Combining a rare widening pie-shaped lot, exceptional outdoor living, generous interior space, and an unbeatable location close to top-rated schools, parks, shopping, transit, and major highways, this is a truly special offering that checks every box.
MississaugaInvestor.ca
5851 Cornell Crescent
Detached · 5bd/4ba · ~3,250 sqft
$1,649,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.35%
Monthly Cash Flow
-$5,736/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$7,590 |
| Property Tax | −$1,154 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,374 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$5,736/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$13,852 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,490 |
| Annual NOI | $22,248 |
| Cap Rate | 1.35% |
Cash Required to Close
| Down Payment (20%) | $329,800 |
| Ontario Land Transfer Tax | $29,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $362,255 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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