
24- 4605 Donegal Drive, Mississauga
Central Erin Mills · Investor guide
$890,000
Estimated Value
$800,000
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Based on Central Erin Mills neighbourhood rental data for 4-bed Condo Townhouse
Remarks
Welcome to this spacious end-unit townhouse in the heart of Central Erin Mills, offering a bright, functional layout and exceptional privacy. This well-maintained home features three generous bedrooms, including an oversized primary retreat complete with a 4-piece ensuite. The spacious main floor is thoughtfully designed for comfortable everyday living and effortless entertaining. Enjoy the convenience of direct garage access, stainless steel appliances, a garage mezzanine for additional storage, and an oversized under-stair storage area. Step outside to your private deck-a rare feature within the complex-overlooking a beautifully treed backyard. The end-unit location offers additional green space, convenient side-yard access, and enhanced privacy. Situated in a quiet, well-managed complex with low maintenance fees, this home is ideally located within the highly sought-after John Fraser and St. Aloysius Gonzaga school district. You'll also enjoy being just minutes from Credit Valley Hospital, Erin Mills Town Centre, parks, community centres, public transit, and major highways including the 403, 407, QEW, and 401. An exceptional opportunity to own a beautifully maintained home in one of Mississauga's most desirable family-friendly neighbourhoods.
MississaugaInvestor.ca
24- 4605 Donegal Drive
Condo Townhouse · 4bd/3ba · ~1,500 sqft
$890,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.4%
Monthly Cash Flow
-$2,317/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-14.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$4,097 |
| Property Tax | −$623 |
| Insurance | −$225 |
| Condo Fee | −$412 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$2,317/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$7,476 |
| Insurance | −$2,700 |
| Condo Fee | −$4,944 |
| Annual NOI | $21,360 |
| Cap Rate | 2.4% |
Cash Required to Close
| Down Payment (20%) | $178,000 |
| Ontario Land Transfer Tax | $14,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $195,275 |
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.