3847 Morning Star Drive, Mississauga
Malton · Investor guide
$899,900
Estimated Value
$725,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE CERTIFIED REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
5
Bathrooms
3
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Malton neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Wow! Gorgeous, well-maintained 4-bedroom Dream home featuring a legal 1-bedroom basement apartment, ideal for extended family or potential rental income. The brand-new kitchen boasts upgraded stainless steel appliances, quartz countertops, a stylish backsplash, an upgraded refrigerator, and gas stove. Freshly painted throughout, this home offers four spacious bedrooms and an updated bathroom. Energy-efficient windows.Enjoy the bright and inviting Insulated sunroom with laminate flooring, abundant windows, and skylights that fill the space with natural light. Situated in a highly desirable location close to schools, places of worship, shopping, major highways, and public transit right at your doorstep.The property also features a great backyard in a family-friendly, child-safe neighborhood, making it the perfect place to call home
MississaugaInvestor.ca
3847 Morning Star Drive
Semi-Detached · 5bd/3ba · ~1,750 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.86%
Monthly Cash Flow
-$1,999/mo
Estimated Rent
$3,945/mo
Cash-on-Cash
-12.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,945 |
| Mortgage | −$4,142 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$197 |
| Cash Flow | -$1,999/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,340 |
| Vacancy (5%) | −$2,367 |
| Property Tax | −$7,559 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $25,715 |
| Cap Rate | 2.86% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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