
2598 Chalkwell Close, Mississauga
Clarkson · Investor guide
$1,049,000
Estimated Value
$1,250,000
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 NEW ERA REAL ESTATE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,350/mo
Based on Clarkson neighbourhood rental data for 4-bed Detached
Remarks
Welcome to 2598 Chalkwell Close, Clarkson - a beautifully updated 3-level side split in a quiet cul-de-sac, family-friendly in one of Mississauga's most desirable mature neighborhoods. This home features a light filled open-concept main floor with vaulted ceilings, skylight, sunroom walk-out, and a modern fully renovated kitchen with granite counters, stainless steel appliances for all your cooking needs and an additional 240 Voutlet for European appliances. Upstairs, the primary bedroom offers vaulted ceilings with fully renovated custom-built wardrobes and bedrooms. The spa-like inspired bath includes twin floating vanities with a fully tiled shower and surrounds.The lower level provides a guest bedroom with hardwood flooring and fully tiled bathroom and surrounds, finished basement for recreation, office or gym, plus an extra room for storage or wine cellar and laundry with washer and dryer. Interior of home is freshly painted throughout. Recent upgrades include renovated kitchen, bedrooms and bathrooms, new windows (2024), new air conditioner/heater(2023) owned outright, hot water service owned outright, central ducted vacuum and single garage with new remote-control system(2023).Huge Pool-Size Lot (50 x 124 ft). All property fencing built new in the last 5years.Enjoy a spacious backyard patio with mature trees - perfect for entertaining or future expansion. Walk to Shops, Schools, Parks, Community Center with excellent transit links to Clarkson GO (express to Union) and close to highways - this home is move-in ready!
MississaugaInvestor.ca
2598 Chalkwell Close
Detached · 4bd/2ba · ~1,300 sqft
$1,049,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.63%
Monthly Cash Flow
-$2,529/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
-13.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$4,828 |
| Property Tax | −$734 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$874 |
| Vacancy (5%) | −$218 |
| Cash Flow | -$2,529/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$8,812 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,490 |
| Annual NOI | $27,588 |
| Cap Rate | 2.63% |
Cash Required to Close
| Down Payment (20%) | $209,800 |
| Ontario Land Transfer Tax | $17,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $230,255 |
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
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.