
138 Angus Drive, Ajax
Ajax
$799,990
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,400/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully updated 3-bedroom, 3-bathroom home featuring a freshly painted and newly added kitchen quartz countertops. Large kitchen & loads of counter space for a feast. Main floor features two seating areas and a dining area. The primary bedroom includes a private ensuite. The unfinished basement has lots of potential. Enjoy cozy evenings in your private backyard with no neighbours directly behind you. Commute is pleasant with transit or 2 min drive to Hwy 401. Walking distance to Costco, Home Depot, Wal-Mart.
MississaugaInvestor.ca
138 Angus Drive
Detached · 3bd/3ba · ~1,750 sqft
$799,990
Cash-Flow Report · July 31, 2026
Cap Rate
3.27%
Monthly Cash Flow
-$1,501/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-10.26%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$3,682 |
| Property Tax | −$727 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$1,501/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$8,720 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,000 |
| Annual NOI | $26,180 |
| Cap Rate | 3.27% |
Cash Required to Close
| Down Payment (20%) | $159,998 |
| Ontario Land Transfer Tax | $12,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,473 |
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
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