
5890 Tampico Way, Mississauga
Churchill Meadows · Investor guide
$1,369,000
Estimated Value
$1,263,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE CERTIFIED REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Churchill Meadows neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Discover this move-in-ready home nestled in the family-friendly community of Churchill Meadows! From the curb, a brand new, modern garage door sets the tone for the thoughtful updates found throughout. Step inside to gorgeous hardwood flooring spanning the main level, complemented by fresh designer paint that gives every room a bright, contemporary feel - this is a completely carpet-free home from top to bottom. The kitchen has been refreshed with new cabinet doors, adding a clean, updated look to the heart of the home, while a newer air conditioner and furnace (2021) mean the big-ticket mechanicals are already handled. Downstairs, the finished basement - laid with durable laminate flooring throughout most of the space - offers exceptional versatility with two bedrooms, a full washroom, and a large rec room. A separate entrance through the garage makes this level ideal for extended family or in-law suite potential. Ideally located in one of Mississauga's most desirable neighbourhoods, this home puts you close to top-rated schools, Churchill Meadows Community Centre & Mattamy Sports Park, Erin Mills Town Centre, Credit Valley Hospital, Streetsville and Meadowvale GO Stations, charming Ridgway Plaza, Toronto Premium Outlets, parks, restaurants, and everyday conveniences, with quick access to Highways 403 and 407. A rare find in a prime location.
MississaugaInvestor.ca
5890 Tampico Way
Detached · 6bd/4ba · ~2,250 sqft
$1,369,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.16%
Monthly Cash Flow
-$3,832/mo
Estimated Rent
$5,045/mo
Cash-on-Cash
-15.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,045 |
| Mortgage | −$6,301 |
| Property Tax | −$958 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,141 |
| Vacancy (5%) | −$252 |
| Cash Flow | -$3,832/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,540 |
| Vacancy (5%) | −$3,027 |
| Property Tax | −$11,500 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,690 |
| Annual NOI | $29,623 |
| Cap Rate | 2.16% |
Cash Required to Close
| Down Payment (20%) | $273,800 |
| Ontario Land Transfer Tax | $23,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $300,655 |
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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