Message Number442739
statusActive
Subject LineMississauga, Semi 3-Suite Asset, $989,888, 2371SF, 100% Vacant, $82.8K Gross Potential
Business area
Canada
Ontario
Greater Toronto area
Mississauga
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Apartment buildings/multi unit/condo townhouse projects/investments
Residential estates single family homes condos cottages, vacation homes
Date of ListingOctober 29 2026
Type Description3 Self-Contained Living Areas (Single Family with Accessory Suites)
LocationCentral Meadowvale / Lisgar Arterial Belt (Hwy 401/407 & Lisgar GO)
Price$989,888.00
Price Comment100% Vacant Possession on Closing
Size2371 Sq/Ft. Total Finished Area
Building area2371
Building Area CommentMain Level (3-Bed), Rear & Basement (1 Bed each)
Site area30.02 ft x 125.00 ft Mature Lot with Private Fence
ZoningResidential (Single Family with Accessory Suites).
Comments6348 Atherly Crescent, Central Meadowvale, Mississauga, ON
Offered at $989,888 | 2,371 Total Finished Sq. Ft.

There are two types of residential income assets in the GTA today: those encumbered with below-market legacy tenants and LTB bottlenecks, and those delivered 100% vacant allowing an operator to command full market velocity on Day 1.

This fully finished, 2,371 sq. ft. multi-suite asset is configured to maximize immediate cash-on-cash return, house-hacking equity, or multi-generational wealth retention.

SPATIAL & ASSET SPECIFICATIONS:

3 Self-Contained Living Areas with independent access points (including direct ground walkout).

5 Bedrooms (3 Upper + 1 Ground + 1 Lower), 3 Full Washrooms, 3 Full Kitchens.

Parking for 4 vehicles; private landscaped yard backing onto mature residential canopy.

100% VACANT POSSESSION confirmed for closing.

THE NUMBERS & INVESTMENT LOGIC (NOT A TRIPLEX/OR LEGAL):
1. FULL CASH-FLOW PRO-FORMA (Projected 7.03% In-Place Cap Rate):
Upper 3-Bed Suite: $2,800/mo
Ground Suite (Separate Walkout): $2,200/mo
Lower Level Suite (Separate Entrance): $1,900/mo
Projected Gross Income: $6,900/mo ($82,800/yr)
Estimated Net Operating Income (NOI): ~$69,600/yr

2. HOUSE-HACKER / OWNER-OCCUPIER ARBITRAGE:
Live upstairs in the 3-bedroom main suite.
Lease the two self-contained lower suites for ~$4,100/mo.
Net out-of-pocket housing cost: ~$880/mo.

3. MULTI-GENERATIONAL WEALTH RETENTION:
Co-living capacity for extended families, saving $3,070/mo ($36,840/yr) compared to carrying dual GTA properties.


INTERACTIVE MEDIA, VIDEO TOUR & FLOOPLANS:

Direct floor plans, video tour, and financial pro-forma available at:

https://6348atherlycrescent.thegoldmarkgroup.com

CONTACT / ADVISORY DESK:
Nathan Loganathan, Broker
The Goldmark Group | eXp Realty, Brokerage

Direct: 647-699-7583
Email: info@thegoldmarkgroup.com
Web: THEGOLDMARKGROUP.COM

*Single-family dwelling with accessory suites. Rents and income figures are projected market illustrations.

*** Co-operating brokers and buyers to independently verify zoning, permits, and intended uses.
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Client SituationNo Real Problem
ControlRegular Client
NameNathan Loganathan, ABR, SRS
View my Other Listings, Haves and Wants:CLICK HERE!
TitleBroker
Company NameThe Goldmark Group, Brokered by eXp Realty
Address Line One4711 Yonge St, 10th Floor/ eXp Realty
CityToronto
State/ProvinceOntario
Zip/Postal CodeM2N 6K8
CountryCanada
Business Phone Number(416)556-9828
Cell Number647-699-7583
Home Number519-556-9828
Email AddressSend Email
Home PageHome Page

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