3604 Steeple Chase Crescent, Mississauga
Churchill Meadows · Investor guide
$1,698,000
Estimated Value
$1,165,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE BROADWAY REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Churchill Meadows neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Spectacular home located on a converted quiet crescent and desirable location of Churchill Meadows, built by the award winning Great Gulf Homes with quality workmanship and exceptional finishings. A mixture of stone and brick embodies the whole exterior of the home. Beautifully cared by the original owners! The main floor features 9 Ft ceilings, double-height foyer and pot lights, freshly painted, side entrance with mudroom and office. A spacious family space with gas fireplace and open concept to kitchen & breakfast room. 2nd floor with 5 beds and 2Jack and Jill baths situated between bedrooms, accessible from both through separate doors. Master bedroom with 5pcs Spa & walk-in closet area. This location is close to top rated schools, parks, amenities, highways, public transit, and plaza. This home is the perfect blend of modern sophistication and timeless appeal!
MississaugaInvestor.ca
3604 Steeple Chase Crescent
Detached · 5bd/4ba · ~3,250 sqft
$1,698,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.15%
Monthly Cash Flow
-$6,185/mo
Estimated Rent
$4,695/mo
Cash-on-Cash
-19.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,695 |
| Mortgage | −$7,816 |
| Property Tax | −$1,189 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,415 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$6,185/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,340 |
| Vacancy (5%) | −$2,817 |
| Property Tax | −$14,263 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,980 |
| Annual NOI | $19,580 |
| Cap Rate | 1.15% |
Cash Required to Close
| Down Payment (20%) | $339,600 |
| Ontario Land Transfer Tax | $30,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $373,035 |
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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