55- 3050 Erin Centre Boulevard, Mississauga
Churchill Meadows · Investor guide
$720,000
Estimated Value
$691,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SAM MCDADI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
12
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Based on Churchill Meadows neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Welcome to this beautifully maintained 3-bed, 3-bath townhome offering a perfect combination of comfort, style, and functionality. Thoughtfully designed with a spacious multi-level layout, this home features bright, open living spaces, generously sized bedrooms, and a practical floor plan ideal for families, professionals, or anyone looking for room to grow. Enjoy the convenience of an attached garage and private driveway, all while being surrounded by excellent schools, parks, scenic trails, shopping, restaurants, and everyday amenities. With quick access to major highways and public transit, commuting is simple and convenient. An exceptional opportunity to own a beautiful home in one of Mississauga's most desirable neighbourhoods.
MississaugaInvestor.ca
55- 3050 Erin Centre Boulevard
Condo Townhouse · 3bd/3ba · ~1,700 sqft
$720,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.41%
Monthly Cash Flow
-$1,868/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-14.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,314 |
| Property Tax | −$504 |
| Insurance | −$225 |
| Condo Fee | −$532 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$1,868/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$6,048 |
| Insurance | −$2,700 |
| Condo Fee | −$6,384 |
| Annual NOI | $17,358 |
| Cap Rate | 2.41% |
Cash Required to Close
| Down Payment (20%) | $144,000 |
| Ontario Land Transfer Tax | $10,875 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $157,875 |
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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