
2339 Glengarry Road, Mississauga
Erindale · Investor guide
$2,999,000
Estimated Value
$1,227,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SAM MCDADI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
6
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Erindale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to 2339 Glengarry Rd. This beautiful home sits on a premium 180-ft lot with a generous setback, tucked behind metal gates, offering an approx. 7,500 sqft of interior living space. Upon entry, you'll find an open-concept layout featuring updated Pella windows, pot lights, and hardwood flooring throughout. Soaring ceilings elevate the living and dining areas, while a main-floor office provides a quiet space for work or study. The kitchen includes custom hardwood cabinets, appliances, and a cozy breakfast nook. Adjacent, a den overlooks the backyard and offers seamless outdoor access. The spacious family room with a gas fireplace serves as a welcoming space to relax and spend quality time with loved ones. Upstairs, you'll find four generously sized bedrooms, with a 5-piece semi-ensuite, a shared 3-piece bath, and ample closet space. The primary suite offers a private retreat with a 4-piece ensuite boasting a jacuzzi, standing shower, and walk-in closet. A versatile bonus room connected to one of the bedrooms can serve as an office or guest space. On the lower level, the fully finished basement expands the living experience, featuring a wood-burning fireplace in the large rec room, a private sauna, an exercise area, a second kitchen, an additional bedroom, and a 3-piece bathroom, perfect for extended family or entertaining. The outdoor space is equally impressive, with a spacious backyard and a composite deck installed in 2022 (backed by a 25-year warranty), providing the perfect space for outdoor activities or relaxation. Enjoy convenient parking with two garages featuring epoxy flooring, along with a private driveway that can accommodate up to 10 vehicles, providing plenty of space for family and guests. Nestled in a prime neighborhood near top-rated schools, parks, premier shopping, and major highways. Don't miss your chance to call this space home! Enjoy ample circular driveway parking, a newly updated fence (2023), and upgraded attic insulation (2024).
MississaugaInvestor.ca
2339 Glengarry Road
Detached · 6bd/6ba · ~4,250 sqft
$2,999,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.05%
Monthly Cash Flow
-$13,929/mo
Estimated Rent
$4,945/mo
Cash-on-Cash
-25.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,945 |
| Mortgage | −$13,804 |
| Property Tax | −$2,099 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,499 |
| Vacancy (5%) | −$247 |
| Cash Flow | -$13,929/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,340 |
| Vacancy (5%) | −$2,967 |
| Property Tax | −$25,192 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$29,990 |
| Annual NOI | $-1,509 |
| Cap Rate | -0.05% |
Cash Required to Close
| Down Payment (20%) | $599,800 |
| Ontario Land Transfer Tax | $61,450 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $664,250 |
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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