
3346 Chartrand Crescent, Mississauga
Erin Mills · Investor guide
$1,349,900
Estimated Value
$1,187,000
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
5
Bathrooms
4
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Erin Mills neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully updated 4+1 bedroom, 3.5 bathroom detached home offering approximately 2,600 sq. ft. of finished living space, a fully finished basement with in-law suite potential, and parking for 6 vehicles. Renovated in 2019, including the kitchen, bathrooms, flooring and shingles, this move-in ready home combines modern finishes with a functional family-friendly layout. The bright main floor features separate living and dining rooms, a spacious family room, and an updated eat-in kitchen with quartz countertops, stainless steel appliances, ample cabinetry and a large centre island overlooking the backyard. Upstairs, the spacious primary suite offers a walk-in closet and renovated ensuite, while three additional generously sized bedrooms share an updated main bathroom. The finished basement adds exceptional versatility with a second kitchen, fifth bedroom, full bathroom, large recreation area, separate laundry, and ample storage-ideal for extended family, multi-generational living or in-law accommodation. The private, fully fenced backyard features mature trees, gardens and a patio, providing the perfect outdoor space for entertaining or relaxing. Additional highlights include two laundry areas, an attached double garage, driveway parking for four additional vehicles, updated finishes throughout, and a desirable location close to schools, parks, shopping, transit and major highways. (Flooring '19. Roof '19. New Windows '19.)
MississaugaInvestor.ca
3346 Chartrand Crescent
Detached · 5bd/4ba · ~2,250 sqft
$1,349,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.09%
Monthly Cash Flow
-$3,863/mo
Estimated Rent
$4,890/mo
Cash-on-Cash
-15.64%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,890 |
| Mortgage | −$6,213 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,125 |
| Vacancy (5%) | −$245 |
| Cash Flow | -$3,863/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,680 |
| Vacancy (5%) | −$2,934 |
| Property Tax | −$11,339 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,499 |
| Annual NOI | $28,208 |
| Cap Rate | 2.09% |
Cash Required to Close
| Down Payment (20%) | $269,980 |
| Ontario Land Transfer Tax | $23,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $296,453 |
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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