3896 Densbury Drive, Mississauga
Lisgar · Investor guide
$1,188,000
Estimated Value
$1,015,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Lisgar neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this well maintained, 2-storey family home in Mississauga's highly sought-after, family friendly Lisgar neighborhood. Featuring 3+1 bedrooms, 4 bathrooms, and a double-car garage on a premium 31.99 x 108.27 ft lot, this property perfectly blends suburban comfort with everyday convenience. The main floor boasts a spacious foyer, ceramic tiles, engineered hardwood flooring, and elegant crown moulding. An open-concept living and dining area with an exposed natural brick accent flows seamlessly into a chef-inspired kitchen equipped with a large island, stainless steel appliances, recessed lighting, and premium granite countertops. A 2-piece bathroom and main-floor laundry round out this level. A walk out from the kitchen leads to a private rear deck that overlooks a beautifully landscaped backyard retreat. The second floor features a large family room loft with vaulted ceilings and a cozy gas fireplace. The expansive primary bedroom includes a private 3-piece ensuite. Two additional spacious bedrooms and a 4-piece bathroom complete the upper level. The finished lower level includes a separate entrance from the garage, a recreation room, an additional bedroom, a 2-piece bathroom, and ample storage space. Outdoor spaces include a concrete driveway with parking for 4 vehicles, and an elegant, patterned concrete walkway. The private backyard sanctuary features a relaxing saltwater hot tub, a wooden terrace for open-air meals, gazebo, vibrant, well maintained grounds, and a detached shed for outdoor storage. Conveniently located near highways 401, 403, and 407 and the Lisgar GO station, shopping at Meadowvale and Erin Mills Town Centers, and an extensive network of parks such as Plum Tree, Promenade Meadows, and Union Parks. Top-rated, local public and private schools, include Kindree PS, Lisgar MS, Meadowvale SS, St Albert of Jerusalem ES, Our Lady of Mount Carmel SS, Mississauga Christian Academy, and Lynn-Rose Heights Private School, to name a few.
MississaugaInvestor.ca
3896 Densbury Drive
Detached · 4bd/4ba · ~1,750 sqft
$1,188,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.43%
Monthly Cash Flow
-$3,060/mo
Estimated Rent
$4,690/mo
Cash-on-Cash
-14.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,690 |
| Mortgage | −$5,468 |
| Property Tax | −$832 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$990 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$3,060/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,280 |
| Vacancy (5%) | −$2,814 |
| Property Tax | −$9,979 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,880 |
| Annual NOI | $28,907 |
| Cap Rate | 2.43% |
Cash Required to Close
| Down Payment (20%) | $237,600 |
| Ontario Land Transfer Tax | $20,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $260,835 |
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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