
680 SWEETWATER Place, Mississauga
Lorne Park · Investor guide
$1,169,900
Estimated Value
$1,995,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/RESPONSE REALTY 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 Lorne Park neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to 680 Sweetwater Place - a stunning detached home tucked away on a quiet cul-de-sac in the prestigious Lorne Park school district. This thoughtfully designed residence offers 3+1 bedrooms and 3 bathrooms, blending modern finishes with warm, livable spaces that suit every stage of family life. Step inside through a smart lock front entry to gleaming hardwood floors that flow throughout the main and second levels. Pot lights throughout, with smart-controlled pot lights in the living room, exterior, primary bedroom, and basement, setting the perfect mood at the touch of a button. The open-concept living and dining room is bright and inviting, ideal for everyday living. The beautiful kitchen features stainless steel appliances, quartz countertops, and a breakfast bar, perfect for casual mornings or entertaining. A separate family room with a dramatic skylight pours natural light into the space and walks out to a large private deck and charming terraced garden perfect for outdoor enjoyment. A striking staircase with sleek glass railings leads to the upper level, where 3 bedrooms await. The primary suite features a custom walk-in closet and an ensuite with heated floors and a dual-door jack-and-jill design for added functionality. The finished basement offers a 4th bedroom and additional living space with durable vinyl flooring - carpet-free throughout the entire home. A separate entrance from the garage to the basement adds exciting future potential for an in-law suite or income unit, and the garage is equipped with an EV charger, ready for the way you drive today. Steps to Jack Darling Park and Lake Ontario. Minutes to the 403, Port Credit, and Clarkson & Port Credit GO stations. Enjoy serene neighborhood living with easy access to essential amenities and transit.
MississaugaInvestor.ca
680 SWEETWATER Place
Detached · 4bd/3ba · ~1,300 sqft
$1,169,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.94%
Monthly Cash Flow
-$2,521/mo
Estimated Rent
$5,140/mo
Cash-on-Cash
-11.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,140 |
| Mortgage | −$5,385 |
| Property Tax | −$819 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$975 |
| Vacancy (5%) | −$257 |
| Cash Flow | -$2,521/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,680 |
| Vacancy (5%) | −$3,084 |
| Property Tax | −$9,827 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,699 |
| Annual NOI | $34,370 |
| Cap Rate | 2.94% |
Cash Required to Close
| Down Payment (20%) | $233,980 |
| Ontario Land Transfer Tax | $19,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $256,853 |
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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