
1626 Sherwood Forrest Circle, Mississauga
Sheridan · Investor guide
$1,395,000
Estimated Value
$1,053,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Sheridan neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Situated on a premium 55 x 150 ft lot in the prestigious Sherwood Forest community, this spacious 4-bedroom family home presents an exceptional opportunity to renovate, redesign, and create your dream home in one of Mississauga's most sought-after neighbourhoods. This well-maintained home features a bright, functional layout with generously sized principal rooms, abundant natural light, and endless potential for transformation. The main floor offers expansive living and dining areas, a family-sized kitchen with walkout to the backyard, a welcoming family room with a floor-to-ceiling wood-burning fireplace, convenient main-floor laundry, and a charming covered front porch. Upstairs, you'll find four bedrooms, a large open landing area, and a generous primary suite with ensuite bath and dual closets. The unspoiled basement offers a blank canvas for additional living space, recreation, a home gym, or in-law suite potential. The oversized backyard provides ample room for a pool, outdoor entertaining, gardens, and family enjoyment. Surrounded by mature trees and established homes, this is a rare opportunity to secure a sizeable property and bring your vision to life. Whether you're planning a full-scale renovation or a custom modernization, the possibilities are endless. A rare chance to transform a solid, spacious home on one of Sherwood Forrest's most desirable streets into something truly spectacular. Located close to top-rated schools, parks, trails, shopping, transit, Clarkson GO Station, major highways, recreation facilities, tennis and pickleball courts, sports fields, and UTM.
MississaugaInvestor.ca
1626 Sherwood Forrest Circle
Detached · 4bd/3ba · ~2,750 sqft
$1,395,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.84%
Monthly Cash Flow
-$4,283/mo
Estimated Rent
$4,740/mo
Cash-on-Cash
-16.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,740 |
| Mortgage | −$6,421 |
| Property Tax | −$977 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,163 |
| Vacancy (5%) | −$237 |
| Cash Flow | -$4,283/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,880 |
| Vacancy (5%) | −$2,844 |
| Property Tax | −$11,718 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,950 |
| Annual NOI | $25,668 |
| Cap Rate | 1.84% |
Cash Required to Close
| Down Payment (20%) | $279,000 |
| Ontario Land Transfer Tax | $24,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $306,375 |
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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