2485 Council Ring Road, Mississauga
Erin Mills · Investor guide
$1,219,000
Estimated Value
$1,089,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
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 Erin Mills neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully maintained detached home in one of Erin Mills' most desirable family-friendly neighbourhood. Set on a huge oversized lot of 67.73ft x 120ft.Pool size backyard. Even a possibility of building a small additional unit. Offering 3+1 bedrooms and 2 bathrooms, this home blends comfort. A welcoming foyer with a front door opens to bright, open-concept living and dining spaces featuring rich hardwood floors, pot lights, lots of sun light. Large size triple glass windows, provide excellent insulation and sunlight. The Finished Basement Includes a Separate Entrance, Offering Potential for An In-Law Suite or Income-Generating Apartment. The lower levels continue to impress with a spacious rec room and an additional games room, perfect for movie nights, hobbies, a home gym, or play space. Oversized double garage with remote door opener. Enjoy Your Private and Huge Backyard Oasis Complete with A Large Double Deck, Beautiful muture Trees, And Plenty of Green Space for Relaxing or Entertaining.
MississaugaInvestor.ca
2485 Council Ring Road
Detached · 4bd/2ba · ~1,300 sqft
$1,219,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.42%
Monthly Cash Flow
-$3,155/mo
Estimated Rent
$4,790/mo
Cash-on-Cash
-14.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,790 |
| Mortgage | −$5,611 |
| Property Tax | −$853 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,016 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$3,155/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,480 |
| Vacancy (5%) | −$2,874 |
| Property Tax | −$10,240 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,190 |
| Annual NOI | $29,476 |
| Cap Rate | 2.42% |
Cash Required to Close
| Down Payment (20%) | $243,800 |
| Ontario Land Transfer Tax | $20,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $267,655 |
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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