
6- 2440 Bromsgrove Road, Mississauga
Clarkson · Investor guide
$689,000
Estimated Value
$822,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by NEW ERA REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Based on Clarkson neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Welcome to 2440 Bromsgrove Road, Unit 6, a beautifully renovated 1,308 square foot, 2-story condo townhouse in the prime Clarkson community. Step inside from the inviting covered front porch, where garage access and extra storage await. The spacious foyer, with its modern and open staircase, fills the main floor with natural light. The home is enhanced by updated main level flooring and stunning 34 inch birch hardwood upstairs. The meticulously renovated main floor boasts a stylish 2-piece bath and a sleek, modern kitchen, complete with a generous pantry, brand-new appliances, and an open, inviting layout ideal for entertaining. The light-filled open-concept living and dining room opens to a private, fully fenced yard via sliding glass doors. Upstairs, the large primary bedroom offers a walk-in closet, along with two more generously sized bedrooms and a fully renovated 4-piece bath. The lower level offers a massive rec room and a dedicated laundry/utility room. Perfectly positioned for commuters, this home is less than a 15-minute walk to Clarkson GO and offers easy access to the QEW. The complex backs onto the serene Nine Creeks Trail, with shopping, schools, parks, and the Clarkson Community Centre all within walking distance. Don't miss your chance to own this turnkey home in one of Clarkson's most coveted neighbourhood's.
MississaugaInvestor.ca
6- 2440 Bromsgrove Road
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$689,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.54%
Monthly Cash Flow
-$1,136/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-9.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$3,171 |
| Property Tax | −$482 |
| Insurance | −$225 |
| Condo Fee | −$440 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$1,136/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$5,788 |
| Insurance | −$2,700 |
| Condo Fee | −$5,280 |
| Annual NOI | $24,422 |
| Cap Rate | 3.54% |
Cash Required to Close
| Down Payment (20%) | $137,800 |
| Ontario Land Transfer Tax | $10,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $151,055 |
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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