607- 32 Tannery Street, Mississauga
Streetsville · Investor guide
$419,900
Estimated Value
$550,000
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
2
Bathrooms
2
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Based on Streetsville neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to this fabulous 2 Bedroom, 2 Bathroom condo in the heart of Streetsville. Here you are within walking distance to the Streetsville GO Station and shops and restaurants along Queen Street South. For the outdoor enthusiasts there is a network of trails that runs all throughout Mississauga for walking or biking. This unit has been updated with new flooring, new kitchen cabinets, quartz countertop and backsplash, new toilets and vanities in the bathrooms, and painted in neutral colours throughout. You have two generous size closets for storage and well as a stackable washer/dryer in your unit so no need to go elsewhere. One underground parking spot is owned and included with this unit. Visitor parking is located just at the back of the building. A nice feature to this unit is the open balcony with curved wrought iron railings that an architectural feature to the space. The wood-look, faux grass flooring brings nature into this outdoor space. Water is included in the Condo Fee.
MississaugaInvestor.ca
607- 32 Tannery Street
Condo Apartment · 2bd/2ba · ~850 sqft
$419,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.12%
Monthly Cash Flow
-$842/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$1,933 |
| Property Tax | −$294 |
| Insurance | −$225 |
| Condo Fee | −$907 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$842/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$3,527 |
| Insurance | −$2,700 |
| Condo Fee | −$10,884 |
| Annual NOI | $13,099 |
| Cap Rate | 3.12% |
Cash Required to Close
| Down Payment (20%) | $83,980 |
| Ontario Land Transfer Tax | $4,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $91,853 |
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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