
1069 Alexandra Avenue, Mississauga
Lakeview · Investor guide
$999,888
Estimated Value
$1,252,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Associates
Investment Analysis
Key Facts
Type
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 Lakeview neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Wonderful raised bungalow with separate basement entrance in the heart of beautiful Lakeview! This home features a bright and open living/dining area with hardwood floors, crown moulding and a walkout to a wide and sunny balcony. Just off the dining room is the large kitchen featuring ceramic floors, multiple windows and loads of extra storage space. The bedrooms feature large closets, hardwood floors and large windows for tons of natural light. The main washroom includes ceramic flooring, updated tiles and upgraded countertops. The lower level can be accessed from the main floor or by a separate entrance at the side of the home. On the lower level you'll find laminate floors, another full washroom, a large laundry area with extra cabinetry and a huge rec room complete with wet bar and custom stone fireplace - perfect for family movie night or for creating a spacious in-law suite. This home can optionally be purchased with the adjoining vacant lots at 1067 and 1063 Alexandra Ave to create a parcel of over a 1/4 acre! Check out the potential for detacheds, semis, towns, Additional Residential Units - so many possibilities! Transit options are numerous with Long Branch GO just 5 minutes away as well as quick access to Mississauga Transit and the TTC. Highway options include the QEW and 427 and Pearson airport is a fast 14 minute drive. The area features wonderful schools including Cawthra Park Secondary with its renowned Regional Arts Program. Come and check out this amazing neighbourhood and opportunity today! **EXTRAS** Owned Hot Water Heater (2026), Roof (2022), AC (2016)
MississaugaInvestor.ca
1069 Alexandra Avenue
Detached · 3bd/2ba · ~1,300 sqft
$999,888
Cash-Flow Report · July 31, 2026
Cap Rate
2.9%
Monthly Cash Flow
-$2,190/mo
Estimated Rent
$4,390/mo
Cash-on-Cash
-11.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,390 |
| Mortgage | −$4,602 |
| Property Tax | −$700 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$2,190/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,680 |
| Vacancy (5%) | −$2,634 |
| Property Tax | −$8,399 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,999 |
| Annual NOI | $28,948 |
| Cap Rate | 2.9% |
Cash Required to Close
| Down Payment (20%) | $199,977.6 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,450.6 |
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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