
51- 5020 Delaware Drive, Mississauga
Hurontario · Investor guide
$769,000
Estimated Value
$589,000
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
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Based on Hurontario neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Prepare to be impressed by this meticulously maintained, 3-bedroom, 2-bathroom Mississauga gem that defines turn-key luxury! Nestled in the high-demand Hurontario community, this property showcases absolute pride of ownership and premium finishes from top to bottom. It comes complete with an attached garage featuring an automatic opener and top-tier efficiency thanks to all-new exterior doors and windows. Step inside to discover a spectacular main level, completely transformed into a bright, seamless open-concept kitchen, dining, and living space designed for effortless entertaining. Sophisticated flooring sets the tone throughout, featuring high-end vinyl plank across the main level, classic hardwood upstairs, and durable engineered hardwood in the basement. The chef's kitchen is a true center piece, boasting striking quartz countertops, a premium Samsung refrigerator, and elite European appliances. Sleek, modern mirrored closet doors run throughout the home, reflecting the abundant natural light. The luxury continues with brand-new upgrades, including a renovated storage closet and a stunning laundry room outfitted with a quartz countertop and high-end European stacked washer and dryer. Located just minutes from premier schools, parks, shopping, transit, and major highways, this move-in-ready masterpiece offers the ultimate modern lifestyle. Don't miss your chance to own this rare find-schedule your private tour today!
MississaugaInvestor.ca
51- 5020 Delaware Drive
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$769,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.58%
Monthly Cash Flow
-$1,885/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-13.41%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,540 |
| Property Tax | −$538 |
| Insurance | −$225 |
| Condo Fee | −$479 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$1,885/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$6,460 |
| Insurance | −$2,700 |
| Condo Fee | −$5,748 |
| Annual NOI | $19,862 |
| Cap Rate | 2.58% |
Cash Required to Close
| Down Payment (20%) | $153,800 |
| Ontario Land Transfer Tax | $11,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $168,655 |
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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