
2663 Hortense Road, Mississauga
Erin Mills · Investor guide
$949,000
Estimated Value
$949,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOUSESIGMA INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
5
Bathrooms
3
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,550/mo
Based on Erin Mills neighbourhood rental data for 5-bed Semi-Detached
Remarks
Calling all first-time buyers, investors, and downsizers!* Welcome to this beautifully maintained all-brick family home, ideally located in a sought-after, family-friendly neighbourhood* Boasting over 2,300 sq. ft. of well-utilized living space* This exceptional residencefeatures three spacious bedrooms and two full bathrooms on the main floor, blending comfort with refined living* Enjoy open-concept living and dining areas with wood flooring and pot lights throughout - completely carpet-free* The custom-designed chef's gourmet kitchen is a true centerpiece, showcasing a massive island, built-in stainless steel appliances, gas stove, pantry with marble flooring, and elegant Calacatta countertops with a full backsplash-perfectly balancing style and functionality* The rare primary bedroom includes a closet and a private 3-piece ensuite with a walk-in glass shower* Walk out from the living area to an oversized deck-ideal for morning coffee or watching the kids play in the child-safe front yard* The finished walk-out basement offers excellent versatility, featuring an open-concept living area with a fireplace, full kitchen, two bedrooms, a bathroom, and rough-in for a separate laundry-ideal for extended family, adult children, or income potential to help offset your mortgage* A private, fully fenced backyard-one of the deepest lots on the street-offering a perfect setting for peaceful evenings and entertaining* Conveniently located close to top-rated schools, Parks, Costco, and all essential amenities* A true turnkey opportunity not to be missed!
MississaugaInvestor.ca
2663 Hortense Road
Semi-Detached · 5bd/3ba · ~1,300 sqft
$949,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.34%
Monthly Cash Flow
-$1,726/mo
Estimated Rent
$4,550/mo
Cash-on-Cash
-9.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,550 |
| Mortgage | −$4,368 |
| Property Tax | −$664 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$791 |
| Vacancy (5%) | −$228 |
| Cash Flow | -$1,726/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,600 |
| Vacancy (5%) | −$2,730 |
| Property Tax | −$7,972 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,490 |
| Annual NOI | $31,708 |
| Cap Rate | 3.34% |
Cash Required to Close
| Down Payment (20%) | $189,800 |
| Ontario Land Transfer Tax | $15,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,255 |
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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