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Investment signal

$990,000

3485 OAKGLADE CRESCENT

Beds

5

Baths

2

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

LEGAL Above ground Walkout Basement with Separate Entrance - Excellent for investors and home buyers. Located in Mississauga's desirable Erindale Neighborhood. Spacious 3 + 2 Bedroom offers versatile living across 2 fully functional levels. The upper level features bright, open concept living and dining area, family sized kitchen, full washroom, upper level laundry and 3 generously sized bedroom. The above ground basement includes 2 bedroom, a full washroom, kitchen, living and dining space, separate laundry with a private walkout to the backyard - ideal setup for rental income/Airbnb/multigenerational living. With separate upper, lower and rear access, this home offers unmatched flexibility. Just minutes away from Elementary, Middle and high school, Shopping mall, grocery stores, go station, University of Toronto and Major Highways. A smart choice in a prime location. Don't Delay, book your showing today. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
Structure
House
Community
Erindale
Common interest
Freehold
Lot dimensions
30 x 150 FT
Bedrooms
3 above grade, 2 below grade
Parking
4 total
Stories
1
On market
Apr 18, 2026
Status changed
Apr 18, 2026
Annual tax
$5,722.61 (2025)
Photos
33
MLS#
W13015716
Area
MISSISSAUGA_(ERINDALE)

Features and systems

Parking

Garage

Basement

FinishedApartment in basementSeparate entranceWalk outN/AN/AN/A

Appliances

DishwasherDryerTwo stovesTwo WashersTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickBrick Facing

Flooring

Hardwood

Foundation

Unknown

Lot

Carpet Free
Negative cash flow ~$1,928/mo at these assumptions

Cash on cash

-11.68%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,979

Financing

Down payment$198,000
Loan amount$792,000
Mortgage$4,859/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$454
Insurance$80
Maintenance$825
CapEx reserve$413
Vacancy loss$248

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Erindale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,859/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.

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