2542 Pollard Drive, Mississauga
Erindale · Investor guide
$1,799,000
Estimated Value
$1,227,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE PLATINUM REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Erindale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome To This Highly Desirable Family-Friendly Neighbourhood Of Erindale. Large Lot, Spacious Bedrooms, Gorgeous & Well-Maintained 4+2 Bedroom Home Featuring a 2 Bed Finished Basement With Separate Entrance - Excellent Rental Income Potential, Close To The Huron Park And Steps From Community Centre. Home Features A Beautiful Foyer With Curved Staircase, Master Bedroom With W/I Closet & 4 Pc Ensuite, All Great Size Bedrooms, Beautiful Huge Backyard Perfect For Entertaining. Located Close To All Amenities Including 6 Public Schools, 5 Catholic Schools, Tennis Courts, Transit, Shopping, Hospitals and Other Facilities Are Within Walking Distance.
MississaugaInvestor.ca
2542 Pollard Drive
Detached · 6bd/4ba · ~2,250 sqft
$1,799,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.14%
Monthly Cash Flow
-$6,566/mo
Estimated Rent
$4,945/mo
Cash-on-Cash
-19.93%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,945 |
| Mortgage | −$8,281 |
| Property Tax | −$1,259 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,499 |
| Vacancy (5%) | −$247 |
| Cash Flow | -$6,566/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,340 |
| Vacancy (5%) | −$2,967 |
| Property Tax | −$15,112 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$17,990 |
| Annual NOI | $20,571 |
| Cap Rate | 1.14% |
Cash Required to Close
| Down Payment (20%) | $359,800 |
| Ontario Land Transfer Tax | $32,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $395,255 |
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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