114- 2440 Bromsgrove Road, Mississauga
Clarkson · Investor guide
$699,000
Estimated Value
$822,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PROFESSIONALS INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
15
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
Location! Location! Location! Welcome to a quiet, well managed and family friendly complex located in the fantastic Clarkson community. This two story beautifully updated, move-in ready 3 bedroom Townhouse offering 1,308 sq. Ft. of above grade living space. Extra Insulated Attic to lower Heating and Cooling Bills, Upgraded electrical Panel to Breakers. Heat is Gas, NOT Electric, Newer Central Air Conditioner. High quality laminate floors throughout. Main floor kitchen with backsplash, S/S appliances, eat-in kitchen area. Separate dining-living with W/O to a private fenced backyard, perfect for entertaining and relaxing. Second floor 3 good size bedrooms and 4 pc. washroom. Finished full basement with recreation room, 3pc. washroom and laundry. Private driveway, a lot of visitors parking. In summer time residents enjoy access to community outdoor pool and sauna. Close to daycare, schools, shopping, parks, Nine Creeks Trail. Close to HWY 403, QEW, short walk distance to Clarkson GO station
MississaugaInvestor.ca
114- 2440 Bromsgrove Road
Condo Townhouse · 3bd/3ba · ~1,300 sqft
$699,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.53%
Monthly Cash Flow
-$1,159/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-9.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$3,217 |
| Property Tax | −$489 |
| Insurance | −$225 |
| Condo Fee | −$410 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$1,159/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$5,872 |
| Insurance | −$2,700 |
| Condo Fee | −$4,920 |
| Annual NOI | $24,698 |
| Cap Rate | 3.53% |
Cash Required to Close
| Down Payment (20%) | $139,800 |
| Ontario Land Transfer Tax | $10,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,255 |
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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