221 Clonmore Drive, Toronto E06
Toronto E06
$780,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX EXPERTS
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
35
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Beautifully Renovated Bungalow Situated On A Large Lot! This Charming Home Features A Bright Open-Concept Main Floor With Front Hall Closet, Stylish Renovated Kitchen Complete With Stone Countertops & Centre Island, Two Spacious Bedrooms With Closets.The Bright & Spacious Lower-Level Suite Offers A Separate Side Entrance And Walk-Out, Plus Access To A Large Laundry Area With Ample Storage. Basement apartment an Excellent Income Opportunity For Investors Or End Users. Enjoy A Large Private Fenced Backyard In A Fantastic Family-Friendly Neighbourhood And School District. Conveniently Located Close To Schools, Parks, Shopping, TTC, Subway, The Beach, And The Vibrant Shops & Restaurants Along Danforth, Kingston Rd & Queen St. A Turnkey Home With Excellent Income Potential In A Highly Desirable Location!
MississaugaInvestor.ca
221 Clonmore Drive
Detached · 3bd/2ba · ~900 sqft
$780,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.1%
Monthly Cash Flow
-$1,578/mo
Estimated Rent
$3,690/mo
Cash-on-Cash
-11.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,690 |
| Mortgage | −$3,590 |
| Property Tax | −$618 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$650 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$1,578/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,280 |
| Vacancy (5%) | −$2,214 |
| Property Tax | −$7,410 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,800 |
| Annual NOI | $24,156 |
| Cap Rate | 3.1% |
Cash Required to Close
| Down Payment (20%) | $156,000 |
| Ontario Land Transfer Tax | $12,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $171,075 |
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.