307- 5005 Harvard Road, Mississauga
Churchill Meadows · Investor guide
$499,000
Estimated Value
$499,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REAL ESTATE CENTRE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Based on Churchill Meadows neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to Harvard, a beautifully appointed 763 sq. ft. 1+Den condo in the heart of highlysought-after Churchill Meadows. Ideally situated at the northwest corner of Eglinton Avenue andWinston Churchill Boulevard, this bright and spacious unit offers comfort, style, andexceptional convenience. Enjoy a quiet residential outlook from your large private balcony-awayfrom busy streets-perfect for relaxing. Freshly painted in neutral colors. Inside, you'll find9-foot smooth ceilings (no popcorn), carpet-free flooring, and a modern kitchen featuringstainless steel appliances, a ceramic backsplash, and upgraded cabinetry. The versatile den isideal as a home office, reading nook, or guest space and can comfortably accommodate a twinbed. Residents enjoy an unbeatable location just minutes from Highways 403, 407, and QEW,Credit Valley Hospital, Erin Mills Town Centre, Lifetime Fitness, parks, schools, restaurants,and public transit. Move-in ready and meticulously maintained-this is an exceptionalopportunity to own a stylish condo in one of Mississauga's most desirable communities!
MississaugaInvestor.ca
307- 5005 Harvard Road
Condo Apartment · 2bd/1ba · ~750 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.36%
Monthly Cash Flow
-$901/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-9.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,297 |
| Property Tax | −$349 |
| Insurance | −$225 |
| Condo Fee | −$500 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$901/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$4,192 |
| Insurance | −$2,700 |
| Condo Fee | −$6,000 |
| Annual NOI | $16,748 |
| Cap Rate | 3.36% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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