
21 Gade Drive, Toronto W05
Toronto W05
$879,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
2
Days on Market
66
Price Drop
2%
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
A Rare Find - Lovingly Maintained & Offered for the First Time!Welcome to this well-kept 3-bedroom, semi-detached brick raised bungalow, proudly offered for the first time. While the home remains in its honest, original condition, it has been meticulously cared for and is completely move-in ready-offering a solid foundation and a wonderful opportunity to renovate at your own pace, exactly to your taste.Classic bones with endless potential.The home features updated windows throughout, adding charm and energy efficiency. You'll find two spacious eat-in kitchens-perfect for multi-generational living, shared family arrangements, or future rental income. Three well-sized bedrooms provide comfortable space for rest and work.The finished basement includes a gas fireplace in the recreation room, a second kitchen, and two separate entrances, offering excellent flexibility for an in-law suite, guest quarters, or future renovation project. The concrete front balcony invites quiet mornings with coffee, while the rear is ideal for evening relaxation.Major updates already taken care of.The roof was reshingled in 2020. The furnace and air conditioner were replaced in 2009, and the owned hot water tank was installed in 2011-giving you peace of mind and one less thing to worry about as you plan your future renovations.Location, location, location.Steps from schools, Humber River Hospital, restaurants, public transit, and a community park with an outdoor swimming pool, gym area, playground, and scenic walking trails. Easy access to Highway 401.This is the perfect home for buyers who want to move in now and renovate over time-on their own terms. Don't miss this first-time offering!
MississaugaInvestor.ca
21 Gade Drive
Semi-Detached · 3bd/2ba · ~1,300 sqft
$879,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.59%
Monthly Cash Flow
-$2,152/mo
Estimated Rent
$3,740/mo
Cash-on-Cash
-13.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,740 |
| Mortgage | −$4,050 |
| Property Tax | −$697 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$733 |
| Vacancy (5%) | −$187 |
| Cash Flow | -$2,152/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,880 |
| Vacancy (5%) | −$2,244 |
| Property Tax | −$8,359 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,799 |
| Annual NOI | $22,778 |
| Cap Rate | 2.59% |
Cash Required to Close
| Down Payment (20%) | $175,980 |
| Ontario Land Transfer Tax | $14,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $193,053 |
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.