60- 5610 Montevideo Road, Mississauga
Meadowvale · Investor guide
$599,900
Estimated Value
$626,000
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
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Meadowvale neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Welcome To This Lovely Meadowvale Condo Townhouse offering the perfect blend of space, comfort, and convenience. This bright multi-level home features a spacious main floor layout, a sizeable family kitchen, and a welcoming dining area that flows into a large living room - ideal for entertaining or relaxing. Backing onto park/open area. Upstairs boasts generour bedrooms with large windows and new broadloom. Step outside to your private backyard patio, ready to become your summer oasis. Nestled in a family-friendly neighbourhood, you are steps away from the Meadowvale Town Centre, new community centre, day care (next to complex), walking paths to Lake Aquitane with outdoor gyms surrounding lake, and high-rated local schools. Commuting is effortless with rapid access to Highways 401, 403, 407, alongside the Meadowvale GO Station just minutes away.
MississaugaInvestor.ca
60- 5610 Montevideo Road
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.57%
Monthly Cash Flow
-$977/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-8.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,761 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$516 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$977/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$5,039 |
| Insurance | −$2,700 |
| Condo Fee | −$6,192 |
| Annual NOI | $21,409 |
| Cap Rate | 3.57% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
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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