3500 Silverplains Drive, Mississauga
Applewood · Investor guide
$1,219,000
Estimated Value
$1,075,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 PERCY FULTON LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,700/mo
Based on Applewood neighbourhood rental data for 5-bed Detached
Remarks
Welcome to 3500 Silverplains Drive, a rare offering on a spacious corner lot in Mississauga's coveted Applewood community. Located in a quiet pocket originally built by the renowned G.S. Ship & Sons in the 1960s, this established neighbourhood is known for its mature trees, strong sense of community, and exceptional schools. This well-maintained home features 3 bedrooms, 2 spacious living areas, a formal dining room, kitchenette, and charming original details including a laundry chute. Outside, enjoy an inground pool, extensive hardscaping, and a durable Marley tile roof. Steps to walking trails, Garnetwood Park, and top-rated public and Catholic schools, with easy access to major highways and downtown Toronto. A wonderful opportunity to become part of one of Mississauga's most desirable communities.
MississaugaInvestor.ca
3500 Silverplains Drive
Detached · 5bd/3ba · ~1,750 sqft
$1,219,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.33%
Monthly Cash Flow
-$3,240/mo
Estimated Rent
$4,700/mo
Cash-on-Cash
-14.53%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,700 |
| Mortgage | −$5,611 |
| Property Tax | −$853 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,016 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$3,240/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,400 |
| Vacancy (5%) | −$2,820 |
| Property Tax | −$10,240 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,190 |
| Annual NOI | $28,450 |
| Cap Rate | 2.33% |
Cash Required to Close
| Down Payment (20%) | $243,800 |
| Ontario Land Transfer Tax | $20,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $267,655 |
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.