
69 High Street, Mississauga
Port Credit · Investor guide
$1,699,000
Estimated Value
$1,710,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP QUANTUM REALTY INC.
Investment Analysis
Key Facts
Type
Triplex
Bedrooms
5
Bathrooms
3
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for triplex based on GTA rental market data
Remarks
Rare opportunity to acquire an existing income-producing triplex on an approximately 70-foot-wide lot in one of South Mississauga's most desirable and evolving neighbourhoods. Located at 69 High Street West, just minutes from the vibrant waterfront community of Port Credit, this property offers exceptional appeal for investors, builders, developers and end-users alike. The approximately 2,000-2,500 sq. ft. building contains three residential units with a total of 4+1 bedrooms, 3 bathrooms and parking for up to 5 vehicles. Long-term tenants are willing to remain, providing immediate rental income while future plans are explored. Current rents are below market levels, creating potential for improved income over time, subject to applicable tenancy regulations. The interior lot measures approximately 70 x 71.6 feet, offering substantial frontage that has become increasingly difficult to find in South Mississauga. RL-217 zoning permits detached residential development and includes provisions relating to semi-detached residential forms, subject to all applicable municipal requirements, approvals and buyer due diligence. Port Credit continues to benefit from significant public and private investment, supported by its walkable waterfront lifestyle, marina, parks, restaurants, cafés, boutique shopping, highly regarded schools and convenient GO Transit access. The property is also within easy reach of Lake Ontario, major highways, downtown Mississauga and Toronto. An excellent opportunity to hold an income-producing property today while exploring its longer-term possibilities in one of Mississauga's most established communities. Estate Sale. Property is being sold "As Is, Where Is" without representations or warranties. No survey is available. Buyers are encouraged to complete their own due diligence regarding zoning, rental income, redevelopment potential, severance possibilities, building permits and intended future use.
MississaugaInvestor.ca
69 High Street
Triplex · 5bd/3ba · ~2,250 sqft
$1,699,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.43%
Monthly Cash Flow
-$4,380/mo
Estimated Rent
$6,600/mo
Cash-on-Cash
-14.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,600 |
| Mortgage | −$7,820 |
| Property Tax | −$1,189 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,416 |
| Vacancy (5%) | −$330 |
| Cash Flow | -$4,380/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$79,200 |
| Vacancy (5%) | −$3,960 |
| Property Tax | −$14,272 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,990 |
| Annual NOI | $41,278 |
| Cap Rate | 2.43% |
Cash Required to Close
| Down Payment (20%) | $339,800 |
| Ontario Land Transfer Tax | $30,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $373,255 |
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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