3906 Passway Road, Mississauga
Lisgar · Investor guide
$1,375,000
Estimated Value
$1,309,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
6
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,700/mo
Based on Lisgar neighbourhood rental data for 7-bed Detached
Remarks
Welcome to this absolutely stunning, fully upgraded detached corner home in the highly sought-after Lisgar community! Featuring a bright open-concept layout with separate living and formal dining areas, this beautifully maintained home offers 4 spacious bedrooms and 3.5bathrooms on the upper level. The main floor boasts 9-ft ceilings, elegant hardwood flooring, quartz countertops, a stylish kitchen backsplash, and extensive top-to-bottom upgrades throughout. Freshly painted with modern finishes, this home is truly move-in ready. The basement offers excellent income potential with the potential for two separate units-one featuring 2 bedrooms and 1 bathroom, and the other offering 1 bedroom and 1 bathrooms. Perfectly situated just minutes from Lisgar GO Station, Highways 401, 403 & 407, highly regarded schools, Meadowvale Town Centre, Lake Aquitaine Park, Osprey Marsh, Meadowvale Conservation Area, scenic walking trails, parks, and a wide range of everyday amenities. An exceptional opportunity for families, multi-generational living, or investors seeking a turnkey home in one of Mississauga's most desirable neighborhoods.
MississaugaInvestor.ca
3906 Passway Road
Detached · 7bd/6ba · ~2,250 sqft
$1,375,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.86%
Monthly Cash Flow
-$4,198/mo
Estimated Rent
$4,700/mo
Cash-on-Cash
-16.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,700 |
| Mortgage | −$6,329 |
| Property Tax | −$963 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,146 |
| Vacancy (5%) | −$235 |
| Cash Flow | -$4,198/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$56,400 |
| Vacancy (5%) | −$2,820 |
| Property Tax | −$11,550 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,750 |
| Annual NOI | $25,580 |
| Cap Rate | 1.86% |
Cash Required to Close
| Down Payment (20%) | $275,000 |
| Ontario Land Transfer Tax | $23,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $301,975 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.