
6953 Cherbourg Gardens, Mississauga
Meadowvale · Investor guide
$930,000
Estimated Value
$703,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Elyzium Realty Inc.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
2
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Meadowvale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully updated back-split bungalow, nestled on a quiet cul-de-sac in a mature, tree-lined neighbourhood. This well-maintained family home offers 3 spacious bedrooms and 2 full bathrooms, featuring a bright and inviting living room that flows seamlessly into a semi-formal dining area.The eat-in kitchen is complete with custom cabinetry and granite countertops, while the cozy family room showcases a wood-burning fireplace and sliding doors leading to a private deck and expansive pie-shaped backyard-perfect for entertaining or enjoying time outdoors. The lower level features a comfortable rec room with a gas fireplace, along with a spacious laundry/mudroom offering a separate entrance and convenient access to the garage.Thoughtfully updated throughout, the home includes laminate flooring (2022), new interior doors and trim (2022), a new sliding patio door (2023), and custom built-in cabinetry (2023). The backyard has been transformed into a private retreat with a new patio (2024), hot tub (2024), and fence (2025), creating an ideal space to relax and unwind.Surrounded by parks, walking trails, and green space, this home is perfectly positioned for an active lifestyle while remaining close to schools, shopping, restaurants, and everyday amenities. Commuters will appreciate the convenient access to major highways and public transit. Completing the home is an organized garage with an automatic door opener, built-in shelving, and a workbench, offering both functionality and additional storage.A wonderful opportunity to own a move-in-ready home in a highly sought-after neighbourhood.
MississaugaInvestor.ca
6953 Cherbourg Gardens
Semi-Detached · 3bd/2ba · ~1,750 sqft
$930,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.58%
Monthly Cash Flow
-$2,284/mo
Estimated Rent
$3,840/mo
Cash-on-Cash
-13.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,840 |
| Mortgage | −$4,281 |
| Property Tax | −$651 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$775 |
| Vacancy (5%) | −$192 |
| Cash Flow | -$2,284/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,080 |
| Vacancy (5%) | −$2,304 |
| Property Tax | −$7,812 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,300 |
| Annual NOI | $23,964 |
| Cap Rate | 2.58% |
Cash Required to Close
| Down Payment (20%) | $186,000 |
| Ontario Land Transfer Tax | $15,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $204,075 |
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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