
26- 188 Angus Drive, Ajax
Ajax
$700,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
44
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
A home that grows with you. Whether you're purchasing your first property, moving up from a condo, or simply looking for a little more space to enjoy, this bright and thoughtfully designed 2-bedroom plus den, 2-bathroom townhome offers the perfect balance of comfort, functionality, and convenience. The well-planned layout features spacious principal rooms, an open-concept living and dining area, and a versatile den that can easily serve as a home office, nursery, study space, or guest room. Large windows fill the home with natural light, creating a warm and welcoming atmosphere throughout. One of the standout features is the incredible outdoor space. Enjoy a private balcony for your morning coffee and a spacious rooftop terrace that's perfect for entertaining, relaxing, or simply enjoying some fresh air at the end of the day. Complete with parking and situated in a highly convenient location, you're just moments from shopping, restaurants, Costco, fitness facilities, the library, hospital, GO Transit, public transit, and Highway 401. Low maintenance fees include snow removal, landscaping, grass cutting, road maintenance, and waste collection, allowing you to spend more time enjoying your home and less time maintaining it. Offering the space today's buyers need and the lifestyle they're looking for, this is a wonderful opportunity to own in a vibrant and growing community.
MississaugaInvestor.ca
26- 188 Angus Drive
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$700,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.08%
Monthly Cash Flow
-$2,007/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-15.69%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$3,222 |
| Property Tax | −$636 |
| Insurance | −$225 |
| Condo Fee | −$346 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,007/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,630 |
| Insurance | −$2,700 |
| Condo Fee | −$4,152 |
| Annual NOI | $14,588 |
| Cap Rate | 2.08% |
Cash Required to Close
| Down Payment (20%) | $140,000 |
| Ontario Land Transfer Tax | $10,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,475 |
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.