
3076 Redstart Drive, Mississauga
Erin Mills · Investor guide
$1,300,000
Estimated Value
$1,089,000
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
13
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,700/mo
Based on Erin Mills neighbourhood rental data for 4-bed Detached
Remarks
Welcome to one of Erin Mills' most sought-after family neighbourhoods-Sir John's Homestead-where mature trees, ravines, scenic walking trails, parks and an exceptional sense of community create the perfect place to call home. This beautifully renovated 4-bedroom, 3-bathroom home sits on a premium fully fenced, pool-sized lot and offers the ideal combination of modern style, quality updates and functional family living.Step inside to discover a bright, move-in-ready interior featuring a stunning renovated kitchen with new cabinetry, countertops, sink, oversized breakfast bar and pantry-the perfect space for everyday living and entertaining. Spacious principal rooms flow into the inviting main floor family room with a cozy wood-burning fireplace overlooking the private backyard. Extensive 2026 updates include new hardwood flooring throughout the main level, new broadloom throughout the second floor, hallway and bedrooms, beautifully renovated bathrooms with new vanities, countertops and fixtures, fresh designer paint throughout and new baseboards, creating a fresh contemporary feel. The spacious primary retreat features a renovated 4-piece ensuite and large walk-in closet. A second bedroom also offers a walk-in closet, while two additional bedrooms provide flexibility for family, guests or a home office.Major mechanical updates include furnace and central air conditioning (2020), wall-mounted hot water system (2024), updated windows and shingles (approx. 10 years). Located just minutes to top-rated public and Catholic schools, the University of Toronto Mississauga, Credit River trails, community centre, shopping, restaurants, transit and convenient access to Highways 403, 407 and the QEW. Beautifully updated, exceptionally maintained and perfectly located, this turnkey home offers the lifestyle today's families are searching for in one of Mississauga's most established and desirable communities
MississaugaInvestor.ca
3076 Redstart Drive
Detached · 4bd/3ba · ~2,250 sqft
$1,300,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.2%
Monthly Cash Flow
-$4,687/mo
Estimated Rent
$3,700/mo
Cash-on-Cash
-19.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,700 |
| Mortgage | −$5,984 |
| Property Tax | −$910 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$4,687/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,400 |
| Vacancy (5%) | −$2,220 |
| Property Tax | −$10,920 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,000 |
| Annual NOI | $15,560 |
| Cap Rate | 1.2% |
Cash Required to Close
| Down Payment (20%) | $260,000 |
| Ontario Land Transfer Tax | $22,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,475 |
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.