
1159 Greening Avenue, Mississauga
Lakeview · Investor guide
$1,199,999
Estimated Value
$1,350,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
15
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,400/mo
Based on Lakeview neighbourhood rental data for 4-bed Detached
Remarks
Your own private retreat in the heart of Lakeview awaits! This serene 4-bedroom, 2-storey home is ideal for nature lovers seeking the feel of Muskoka living right in the city. The fully landscaped and exceptionally private backyard is designed for both relaxation and entertaining, featuring custom garden gates, a stone fire pit, hot tub, and outdoor wiring for speakers in the gazebo and deck area. An in-ground sprinkler system keeps the grounds lush, while night lighting and stair lighting on the two-tier deck create an inviting ambiance from day to night. Inside, you'll find a warm and welcoming layout with a spacious living room, dining room, and kitchen on the main floor, along with a screened-in porch and convenient powder room. Upstairs are four generously sized bedrooms and a 4-piece bathroom. The finished basement adds valuable living space, complete with laundry and plenty of storage. Numerous updates provide peace of mind, including a new garage roof (2024), house roof (2015), new front door and glass storm door (2024), updated windows (2015, 2018 & 2021), custom neutral window coverings in the living and dining rooms (2026), hot tub heater assembly (2026), hot tub pump (2026), and a newly resurfaced driveway scheduled for completion in August 2026. Whether you're unwinding in the hot tub, gathering around the fire pit, or watching the variety of urban wildlife that often passes through, this home offers a rare opportunity to enjoy a true retreat-like setting in one of Lakeview's most desirable neighbourhoods.
MississaugaInvestor.ca
1159 Greening Avenue
Detached · 4bd/2ba · ~1,300 sqft
$1,199,999
Cash-Flow Report · July 31, 2026
Cap Rate
2.12%
Monthly Cash Flow
-$3,408/mo
Estimated Rent
$4,400/mo
Cash-on-Cash
-15.52%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,400 |
| Mortgage | −$5,523 |
| Property Tax | −$840 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,000 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$3,408/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,800 |
| Vacancy (5%) | −$2,640 |
| Property Tax | −$10,080 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,000 |
| Annual NOI | $25,380 |
| Cap Rate | 2.12% |
Cash Required to Close
| Down Payment (20%) | $239,999.8 |
| Ontario Land Transfer Tax | $20,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,474.8 |
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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