
1138 Garden Road, Mississauga
Lorne Park · Investor guide
$3,099,000
Estimated Value
$2,386,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXECUTIVE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
8
Bathrooms
8
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,700/mo)
Rent Estimate
Based on Lorne Park neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Architecturally striking and impeccably finished, this exceptional Lorne Park estate offers nearly 6,500 sq ft of luxurious living with soaring 10-ft ceilings on the main and lower levels. Thoughtfully designed for modern living and elevated entertaining, the home features integrated surround sound, 5+3 bedrooms, 8 bathrooms, radiant-heated hardwood and porcelain flooring, and a seamless open-concept layout uniting all principal rooms.A dramatic 20+ ft foyer sets a grand tone, flowing into an elegant dining room with coved ceilings, LED accent lighting, and a sophisticated wet bar with quartz counters and marble backsplash. This opens into a chef-inspired eat-in kitchen with a large centre island, premium stainless appliances, and a built-in Sub-Zero fridge, leading to a sun-filled family room with backyard walk-out.The main floor also offers a private guest bedroom with 3-pc ensuite, a powder room, and a mudroom with interior garage access. Upstairs, the primary retreat impresses with a large walk-in closet and spa-like 5-pc ensuite featuring a waterfall shower, heated floors, and his-and-hers vanities. Two more bedrooms boast their own 3-pc ensuites, plus laundry and a self-contained nanny suite with separate entrance.The lower level delivers a spacious rec room, second kitchen, three additional bedrooms, and its own private side entrance - ideal for multi-generational living or added income potential.Set on a rare, deep lot backing onto Glen Road, this estate carries exceptional future value, with the coveted potential to sever into two separate parcels - a once-in-a-generation opportunity in one of Lorne Park's most sought-after enclaves.
MississaugaInvestor.ca
1138 Garden Road
Detached · 8bd/8ba · ~4,250 sqft
$3,099,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.59%
Monthly Cash Flow
-$12,734/mo
Estimated Rent
$6,850/mo
Cash-on-Cash
-22.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,850 |
| Mortgage | −$14,264 |
| Property Tax | −$2,169 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,583 |
| Vacancy (5%) | −$343 |
| Cash Flow | -$12,734/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$82,200 |
| Vacancy (5%) | −$4,110 |
| Property Tax | −$26,032 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$30,990 |
| Annual NOI | $18,368 |
| Cap Rate | 0.59% |
Cash Required to Close
| Down Payment (20%) | $619,800 |
| Ontario Land Transfer Tax | $63,950 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $686,750 |
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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