5881 Delle Donne Drive, Mississauga, ON
Churchill Meadows, Mississauga · MLS® W14012158
About this home
In short
- LIVE IN YOUR OWN HOME WHILE RENTAL INCOME HELPS COVER YOUR MORTGAGE.
- Property Features3+1 bedrooms4 washrooms Separate living room and family room with fireplace Over 1,600 sq. ft. above grade Elegant double-door entrance Legal...
- Upper level: $2,800/month plus utilities?
- The legal basement apartment may also help with mortgage qualification, subject to the lender's requirements and assessment of rental income.??
- A legal basement apartment.
LIVE IN YOUR OWN HOME WHILE RENTAL INCOME HELPS COVER YOUR MORTGAGE! Churchill Meadows, Mississauga Why pay a mortgage without rental assistance when you can live in a beautiful home and receive rental income to help with your payments? Welcome to this well-maintained family home in a highly desirable neighbourhood, surrounded by excellent schools and convenient amenities. Property Features3+1 bedrooms4 washrooms Separate living room and family room with fireplace Over 1,600 sq. ft. above grade Elegant double-door entrance Legal, City-approved one-bedroom basement apartment?? Rental Income That Makes a Difference!? Upper level: $2,800/month plus utilities? Legal basement: $1,500/month plus a share of utilities Total Rental Income: $4,300/month | $51,600/year?? Live Upstairs. Collect Rent. Help Pay Your Mortgage! For illustration, this rental income could help support the payments on approximately $300,000 of mortgage financing, depending on interest rates, amortization and lender qualification. The current tenants are cooperative and would like to stay, offering potential rental continuity for the next owner. The legal basement apartment may also help with mortgage qualification, subject to the lender's requirements and assessment of rental income.?? Opportunities like this deserve your attention! Flexible sellers. A sought-after location. A legal basement apartment. Rental income from two living spaces.?? Build your future. Let rental income help along the way.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W14012158
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 22.47 × 104.92 ft
- Cross streets
- Britannia/Tenth Line
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Available
- Basement
- Finished, Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,732 / 2025
- Days on market
- 3
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
broadloom · gas fireplace · w/o to yard
hardwood floor · open concept · combined w/dining
hardwood floor · open concept · combined w/living
laminate · large closet · window
laminate · large closet · window
ceramic floor · eat-in kitchen
broadloom · walk-in closet(s) · 4 pc ensuite
Listed at $999,900. Going by how homes in Churchill Meadows and the wider GTA have actually closed against their asking prices (about 98%, 29 local closings in 90 days), the likely sale price is near $982K, if it sells. A realistic range is $920K to $1.11M.
Independent value check: $965K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $905K and $1.01M).
Why $965K. The typical semi-detached home sold in Churchill Meadows over the past year went for about $955K (114 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,732 a year; the typical home sold here pays about $5,900.
Total price vs nearby homes. Likely closing about $982K, from 29 recent closings in this pocket.
The market behind the math:
About 1.3 months of inventory: 13 semi-detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $571/sqft against an area asking average of $601/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Churchill Meadows: 49 of the 304 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Mississauga.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.02M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Churchill Meadows, from 200 closings in Churchill Meadows.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $582/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Churchill Meadows: $973K in September 2026, up 1% from a year ago, on 114 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $963K | 9 |
| November 2025 | $948K | 14 |
| December 2025 | $955K | 7 |
| January 2026 | $936K | 9 |
| February 2026 | $925K | 6 |
| March 2026 | $968K | 7 |
| April 2026 | $925K | 8 |
| May 2026 | $965K | 12 |
| June 2026 | $961K | 14 |
| July 2026 | $975K | 13 |
| August 2026 | $945K | 8 |
| September 2026 | $973K | 7 |
Neighbourhood & location
Churchill Meadows, Mississauga, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Mississauga.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 17, 2026); conventional rates run a little higher.
Mortgage amount $799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $561
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,984
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,473
- Estimated closing costs
- $16,473
Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $265,374
- Principal paid down
- $97,735
- Interest paid
- $167,638
- Balance remaining
- $702,185
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Churchill Meadows (49 of 304 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Churchill Meadows signed at a median of $3,331 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,506. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.