1847 Will Scarlett Drive, Mississauga
Sheridan · Investor guide
$1,999,900
Estimated Value
$1,053,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,000/mo
Based on Sheridan neighbourhood rental data for 4-bed Detached
Remarks
Situated On An Impressive 100 X 150 Ft Lot In The Prestigious Sherwood Forrest Community, This Property Presents An Outstanding Opportunity To Renovate, Expand, Or Build Your Dream Home In One Of Mississauga's Most Established And Desirable Neighbourhoods. Surrounded By Mature Trees And Custom Homes, The Location Offers The Perfect Balance Of Privacy, Convenience, And Long-term Value. A Long Private Driveway Accommodates Up To Eight Vehicles And Leads To An Attached Two-car Garage. The Split-level Design Provides A Functional Layout With Separate Access To Both The Upper And Lower Levels, Making It Well-suited For Growing Or Multi-generational Families. The Main Floor Features A Bright, Open-concept Living And Dining Area Highlighted By A Classic Wood-burning Fireplace And Hardwood Flooring Throughout. The Spacious Eat-in Kitchen Offers Ample Cabinetry, Updated Appliances, And Plenty Of Natural Light. Three Generously Sized Bedrooms Include A Primary Retreat With Its Own Private Ensuite, Complemented By A Second Full Bathroom. The Above-grade Lower Level Is Filled With Natural Light From Oversized Windows And Offers Exceptional Flexibility. Complete With A Second Wood-burning Fireplace, An Additional Bedroom, A Full Bathroom, And Several Spacious Rooms, The Lower Level Can Easily Accommodate A Recreation Room, Family Room, Home Office, Fitness Area, Or Guest Accommodations. Ideally Located Close To Highly Regarded Schools, The University Of Toronto Mississauga, Credit Valley Hospital, Parks, Walking Trails, Shopping, And Major Commuter Routes, This Is A Rare Opportunity To Secure A Premium Property In One Of Mississauga's Most Sought-after Neighbourhoods.
MississaugaInvestor.ca
1847 Will Scarlett Drive
Detached · 4bd/3ba · ~1,750 sqft
$1,999,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.88%
Monthly Cash Flow
-$7,747/mo
Estimated Rent
$5,000/mo
Cash-on-Cash
-21.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,000 |
| Mortgage | −$9,205 |
| Property Tax | −$1,400 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,667 |
| Vacancy (5%) | −$250 |
| Cash Flow | -$7,747/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,000 |
| Vacancy (5%) | −$3,000 |
| Property Tax | −$16,799 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,999 |
| Annual NOI | $17,502 |
| Cap Rate | 0.88% |
Cash Required to Close
| Down Payment (20%) | $399,980 |
| Ontario Land Transfer Tax | $36,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,453 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.