
24- 2651 Aquitaine Avenue, Mississauga
Meadowvale · Investor guide
$649,900
Estimated Value
$626,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Services Ltd., Brokerage
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
Discover this beautifully updated 3-storey townhome in the highly sought-after Meadowvale community. Featuring 3 spacious bedrooms and 2 bathrooms, this home offers the perfect blend of comfort, style, and functionality-ideal for families or first-time buyers. Step inside to a thoughtfully refreshed interior complete with newer vinyl and laminate flooring, new baseboards throughout, and a fresh coat of paint that creates a bright, modern atmosphere. The updated kitchen is both stylish and practical, showcasing a subway tile backsplash, upgraded hardware, under-cabinet lighting, sleek stainless steel appliances, and ample storage space. The look is beautifully finished with newer, stylish light fixtures throughout the home. Recent quality upgrades provide added peace of mind, including updated electrical, windows (2021), Bath Fitter vinyl tiles in the upstairs bathroom, roof (2023), furnace/heating unit (2017), and air conditioner (2025), plus more. **Enjoy added value with maintenance fees that INCLUDE water, cable TV, and internet** The functional layout features formal living spaces ideal for entertaining, along with a convenient walk-out from the lower level and two private balconies-perfect for relaxing or enjoying outdoor space. Within the complex there is a children's park! Situated in a desirable neighbourhood close to community centre, schools, shopping, and transit, GO station, and major highways, this move-in ready home is an exceptional opportunity you won't want to miss.
MississaugaInvestor.ca
24- 2651 Aquitaine Avenue
Condo Townhouse · 3bd/2ba · ~1,700 sqft
$649,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.07%
Monthly Cash Flow
-$1,326/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-11.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,991 |
| Property Tax | −$455 |
| Insurance | −$225 |
| Condo Fee | −$600 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$1,326/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$5,459 |
| Insurance | −$2,700 |
| Condo Fee | −$7,200 |
| Annual NOI | $19,981 |
| Cap Rate | 3.07% |
Cash Required to Close
| Down Payment (20%) | $129,980 |
| Ontario Land Transfer Tax | $9,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,453 |
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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