109- 3025 The credit woodlands Drive, Mississauga
Erindale · Investor guide
$589,900
Estimated Value
$638,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
5
Bathrooms
2
Days on Market
47
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,350/mo
Based on Erindale neighbourhood rental data for 5-bed Condo Apartment
Remarks
Rare Find, Amazing Opportunity For First Time Buyers and Large Families! SPACIOUS 4+1 Bedroom Condo Two Storey With Numerous Upgrades Throughout: Newer Kitchen With Island, Beautiful Laminate Floors, Freshly Painted The Entire House, Open Concept Layout, Spacious Living Area, Spacious Laundry Room With Storage. All Closets Custom Fitted With The Shelving Solution, Beautiful Wood/Mirror Doors Thru-Out. Private Fenced Garden Yard with BBQ at ground level, Exclusive Backyard Entrance, enclosed balcony on 2nd floor to enjoy outdoor living!!! Woodland Secondary School District
MississaugaInvestor.ca
109- 3025 The credit woodlands Drive
Condo Apartment · 5bd/2ba · ~1,500 sqft
$589,900
Cash-Flow Report · July 31, 2026
Cap Rate
5.94%
Monthly Cash Flow
+$205/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
1.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$2,715 |
| Property Tax | −$413 |
| Insurance | −$225 |
| Condo Fee | −$574 |
| Vacancy (5%) | −$218 |
| Cash Flow | +$205/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$4,955 |
| Insurance | −$2,700 |
| Condo Fee | −$6,888 |
| Annual NOI | $35,047 |
| Cap Rate | 5.94% |
Cash Required to Close
| Down Payment (20%) | $117,980 |
| Ontario Land Transfer Tax | $8,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $129,253 |
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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