12- 3472 Widdicombe Way, Mississauga
Erin Mills · Investor guide
$599,999
Estimated Value
$707,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Based on Erin Mills neighbourhood rental data for 3-bed Condo Townhouse
Remarks
"HUGE PRICE DROP" Best value for first time home-buyers in one of Mississauga's most desirable communities. This stunning 3-bedroom, 3-bathroom residence in sought-after Erin Mills offers the perfect blend of style, comfort, and convenience. Designed with modern living in mind, this home features a bright open-concept layout, a sleek contemporary kitchen with stainless steel appliances, and spacious living and dining areas that flow seamlessly to a private walk-out balcony. An impressive private rooftop terrace with a gas line for BBQ creates the perfect setting for outdoor entertaining, quiet evenings, or weekend gatherings. The spacious primary bedroom offers a walk-in closet and a private 3-piece ensuite, while the second bedroom is generously sized and located near a 4-piece bath. This is the best location for a small family. 2 minute walk to the newly renovated South Common Community Centre and Library. That has a pool, tennis court, and a gym.
MississaugaInvestor.ca
12- 3472 Widdicombe Way
Condo Townhouse · 3bd/3ba · ~1,300 sqft
$599,999
Cash-Flow Report · July 31, 2026
Cap Rate
3.81%
Monthly Cash Flow
-$855/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-7.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$2,762 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$488 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$855/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$5,040 |
| Insurance | −$2,700 |
| Condo Fee | −$5,856 |
| Annual NOI | $22,884 |
| Cap Rate | 3.81% |
Cash Required to Close
| Down Payment (20%) | $119,999.8 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,474.8 |
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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