
5322 Windermere Drive, Burlington
Burlington
$1,099,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REALTY PLUS
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
29
Price Drop
3%
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
From the moment you turn onto this quiet, tree-lined street, you'll feel it - the kind of neighbourhood where kids play outside and neighbours know each other. And this three-level side-split fits right in. Inside, the main floor was fully refreshed in 2024 with new flooring, updated doors, and a walk-out to the backyard that makes evenings at home feel like a getaway. The kitchen is the heart of it all - porcelain countertops, stainless steel appliances, and a sleek invisible cooktop that'll have your guests asking questions at every dinner party. Three comfortable bedrooms upstairs, a full 4-piece bath, and a layout that just works. Downstairs, a fully self-contained studio apartment with its own entrance, kitchen, bathroom, and laundry. Whether it's rental income, a space for aging parents, or a private retreat - the flexibility here is genuinely rare. Step outside and you've got a backyard made for living: fully fenced, majestic trees, privacy, a large patio, an on-ground pool, and landscaped grounds that make summer feel like it lasts longer. Wide driveway and no sidewalk. Top-rated schools, parks, transit, and highways are all just minutes away. Don't miss your chance to make it yours.
MississaugaInvestor.ca
5322 Windermere Drive
Detached · 4bd/2ba · ~900 sqft
$1,099,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.69%
Monthly Cash Flow
-$2,602/mo
Estimated Rent
$4,690/mo
Cash-on-Cash
-12.93%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,690 |
| Mortgage | −$5,063 |
| Property Tax | −$852 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$917 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$2,602/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,280 |
| Vacancy (5%) | −$2,814 |
| Property Tax | −$10,229 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,999 |
| Annual NOI | $29,538 |
| Cap Rate | 2.69% |
Cash Required to Close
| Down Payment (20%) | $219,980 |
| Ontario Land Transfer Tax | $18,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,453 |
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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