
6930 Elliott Parliament Street, Mississauga
Central Erin Mills · Investor guide
$957,000
Estimated Value
$820,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY ENTERPRISES INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
3
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,400/mo
Based on Central Erin Mills neighbourhood rental data for 3-bed Semi-Detached
Remarks
Beautiful 3 Bed, 3 Bath, Semi with large primary bedroom with gorgeous ensuite and W/I Closet! Featuring upgrades galore, including premium laminate installed on main floor (2022), newer hardwood staircase and railings (2022), and a renovated powder room (2022). Beautiful kitchen with S/S appliances, kitchen island and Blanco Silgranit farmhouse sink! Professionally finished basement with premium vinyl floors (2021). Primary bedroom 4 pc ensuite featuring shower with custom glass enclosure with Silgranit shower base, bathtub, and good sized vanity. 2nd Bedroom with Juliet balcony! Updated front hall closet, closet organizers throughout the home, main floor gas fireplace, B/I wardrobe closet in laundry room, and a large cold cellar offering a great deal of storage! Fenced backyard with low maintenance concrete patios (2019), gazebo (2020), and deck with privacy screen (2018). Good sized 1 car garage with newer garage door (2023), and a driveway (2019), which offers side by side parking at the top of driveway and parking for another vehicle below. OWNED tankless water heater! Ecobee Thremostat & Ring Door Camera included. Kitchen and all bathrooms have been renovated since current owner moved in! 50 Year shingles installed in 2018. Walk to reputable Public Schools, French, Catholic and Private Schools! Short Drive to Heartland Town Centre, Easy Access to 401 and 407, close to parks, trails and conservation area!
MississaugaInvestor.ca
6930 Elliott Parliament Street
Semi-Detached · 3bd/3ba · ~1,750 sqft
$957,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.93%
Monthly Cash Flow
-$2,868/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-16.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$4,405 |
| Property Tax | −$670 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$798 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$2,868/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$8,039 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,570 |
| Annual NOI | $18,451 |
| Cap Rate | 1.93% |
Cash Required to Close
| Down Payment (20%) | $191,400 |
| Ontario Land Transfer Tax | $15,615 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $210,015 |
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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