
16- 4861 Half Moon Grove, Mississauga
Churchill Meadows · Investor guide
$689,000
Estimated Value
$691,000
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
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Based on Churchill Meadows neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Bright, warm, and welcoming, this beautiful townhome is nestled in the heart of Churchill Meadows. Thoughtfully designed for family living, it offers 3 spacious bedrooms, 3 bathrooms, and a well-planned open-concept layout that provides both comfort and tranquility. Large south-facing windows fill the home with natural light, while the expansive living and dining area features walk-out access to a private balcony. The oversized kitchen is a true highlight, complete with a central island that provides additional workspace and doubles as a casual dining spot perfect for entertaining or enjoying a quick breakfast. The generous primary bedroom includes a large walk-in closet and a 3-piece ensuite. The second floor also features a convenient laundry room and ample closet space throughout. Maintenance fees include snow removal, deck repair, roof maintenance, and water. Located in one of Mississauga's most sought-after neighborhoods, this home falls within the boundaries of top-rated schools, including Erin Centre Middle School, close proximity to Ridgeway Plaza, parks, shopping, community centers, Credit Valley Hospital, GO Transit, Highways 403/407, and public transit, this is truly the perfect neighborhood for the entire family.
MississaugaInvestor.ca
16- 4861 Half Moon Grove
Condo Townhouse · 3bd/3ba · ~1,300 sqft
$689,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.8%
Monthly Cash Flow
-$1,561/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-12.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,171 |
| Property Tax | −$482 |
| Insurance | −$225 |
| Condo Fee | −$390 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$1,561/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$5,788 |
| Insurance | −$2,700 |
| Condo Fee | −$4,680 |
| Annual NOI | $19,322 |
| Cap Rate | 2.8% |
Cash Required to Close
| Down Payment (20%) | $137,800 |
| Ontario Land Transfer Tax | $10,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $151,055 |
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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