5882 Cornell Crescent, Mississauga
Central Erin Mills · Investor guide
$1,599,888
Estimated Value
$1,122,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,600/mo
Based on Central Erin Mills neighbourhood rental data for 4-bed Detached
Remarks
Fabulous Erin Mills Daniels built home on rarely available large premium corner lot with in-ground salt water pool like an oasis in your own backyard! 85 foot rear width! Complete privacy with mature trees and thousands in landscaping! Tastefully decorated with strip hardwood floors on main level. Updated kitchen with quartz counter(2017) & pantry. Large living/dining rooms with hardwood floors(2016) and picturesque bay window (2005) overlooking pool and yard! 4 generous bedrooms, 2nd floor laundry, finished basement.Well maintained inside and out! Fabulous Erin Mills neighbourhood with a short walk through the walking path to top rated elementary schools! Highly rated high schools John Fraser & Aloysius Gonzaga! Conveniently located near Erin Mills shopping centre, Credit Valley hospital, rec centre, and quick access to highways 403, 407 & 401! 5 min drive to Streetsville GO station.
MississaugaInvestor.ca
5882 Cornell Crescent
Detached · 4bd/3ba · ~2,750 sqft
$1,599,888
Cash-Flow Report · July 31, 2026
Cap Rate
0.56%
Monthly Cash Flow
-$6,622/mo
Estimated Rent
$3,600/mo
Cash-on-Cash
-22.61%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,600 |
| Mortgage | −$7,364 |
| Property Tax | −$1,120 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,333 |
| Vacancy (5%) | −$180 |
| Cash Flow | -$6,622/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,200 |
| Vacancy (5%) | −$2,160 |
| Property Tax | −$13,439 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,999 |
| Annual NOI | $8,902 |
| Cap Rate | 0.56% |
Cash Required to Close
| Down Payment (20%) | $319,977.6 |
| Ontario Land Transfer Tax | $28,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $351,450.6 |
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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