1453 Glenwatson Drive, Mississauga
Lakeview · Investor guide
$1,398,000
Estimated Value
$1,350,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PROFESSIONALS INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,400/mo
Based on Lakeview neighbourhood rental data for 4-bed Detached
Remarks
Orchard Heights! Exceptional lot - 71 ft x 110 ft. A perfect home for a growing family. Great floor plan with 1,504 sq. ft. on main floor and 1,320 sq. ft. in the basement. Features include a large sunroom, inground pool, hot tub, 2 tiered deck, multiple walk-outs and a totally private backyard surrounded by towering cedars. Same owner for over 40 years who raised their family here and now the house is looking for its next family to make new memories. A highly sought after mature neighbourhood on the Toronto-Mississauga border. A small enclave of approx. 430 homes tucked in behind the prestigious Toronto Golf Club. Great room sizes/picture windows/hardwood floors/multiple gas fireplaces/pocket doors/double closets in the bedrooms/200 AMP service and a finished basement that adds impressive additional living and storage space. Orchard Heights has its very own parks.....Ron Searle Park that includes a playground for the kids, tennis courts, an outdoor skating rink (weather permitting) and green space to run around. Orchard Heights Park is located at the Ravine/Etobicoke Creek for the nature enthusiast and dog walkers. This wonderful neighbourhood is supported by a Homeowner's Association and an active Neighbourhood Watch Program. Conveniently close to Mississauga Transit, Long Branch GO Train, No Frills, Applewood Plaza where you can find a Longo's, Shoppers Drug Mart, Cobb's Bakery, Home Hardware and other shops. Schools, Sherway Gardens, Outlet Stores and Trillium Health Centre are all a quick drive.A GREAT PLACE TO CALL HOME!!
MississaugaInvestor.ca
1453 Glenwatson Drive
Detached · 4bd/2ba · ~1,750 sqft
$1,398,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.55%
Monthly Cash Flow
-$4,624/mo
Estimated Rent
$4,400/mo
Cash-on-Cash
-18.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,400 |
| Mortgage | −$6,435 |
| Property Tax | −$979 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,165 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$4,624/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,800 |
| Vacancy (5%) | −$2,640 |
| Property Tax | −$11,743 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,980 |
| Annual NOI | $21,737 |
| Cap Rate | 1.55% |
Cash Required to Close
| Down Payment (20%) | $279,600 |
| Ontario Land Transfer Tax | $24,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,035 |
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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