
5827 Rainspring Drive, Mississauga
Churchill Meadows · Investor guide
$1,188,000
Estimated Value
$1,067,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by REAL ONE 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
None Detected
Rent Estimate
$3,600/mo
Based on Churchill Meadows neighbourhood rental data for 4-bed Detached
Remarks
Located in the highly desirable city of Mississauga, this extensively upgraded detached home offers a rare opportunity in a high-demand, family-friendly neighbourhood.Featuring 4 spacious bedrooms and 3 bathrooms, the home delivers a highly functional layout ideal for growing families or professionals in need of additional living and work-from-home space.The main level showcases engineered hardwood flooring throughout and an elegant oak staircase with iron pickets, both completed in 2021, creating a cohesive, modern, and timeless aesthetic. The bright, open-concept layout enhances everyday living and entertaining.The kitchen was fully updated in 2021 with modern cabinetry and tile flooring, offering both style and practicality for daily use.Numerous major upgrades provide peace of mind, including a new furnace, air conditioner, and high-efficiency tankless electric hot water heater (2023 & Owned), as well as a newly replaced entry door (2022), improving both efficiency and curb appeal.Step outside to a professionally finished interlocked backyard (2022), designed for low maintenance and perfect for outdoor gatherings, relaxation, or family enjoyment.Conveniently located close to schools, parks, shopping, and major highways, this home offers exceptional lifestyle convenience and long-term value in one of Mississauga's most sought-after communities.
MississaugaInvestor.ca
5827 Rainspring Drive
Detached · 4bd/3ba · ~2,250 sqft
$1,188,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.39%
Monthly Cash Flow
-$4,095/mo
Estimated Rent
$3,600/mo
Cash-on-Cash
-18.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,600 |
| Mortgage | −$5,468 |
| Property Tax | −$832 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$990 |
| Vacancy (5%) | −$180 |
| Cash Flow | -$4,095/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,200 |
| Vacancy (5%) | −$2,160 |
| Property Tax | −$9,979 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,880 |
| Annual NOI | $16,481 |
| Cap Rate | 1.39% |
Cash Required to Close
| Down Payment (20%) | $237,600 |
| Ontario Land Transfer Tax | $20,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $260,835 |
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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