12- 5020 Delaware Drive, Mississauga
Hurontario · Investor guide
$799,000
Estimated Value
$589,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE TERREQUITY BHAVSAR REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Based on Hurontario neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Move right into this extensively renovated 3-bedroom, 2.5-bathroom condo townhome offering modern finishes, spacious living, and exceptional value in one of Mississauga's most desirable neighbourhoods. The main floor features brand-new laminate flooring, fresh paint, pot lights, a stylish staircase with iron pickets, contemporary window coverings, and an open-concept living and dining area with a walkout to the private backyard. The beautifully renovated kitchen is complete with quartz countertops, stainless steel appliances, ample cabinetry, and large ceramic tiles throughout the foyer, kitchen, and breakfast area. A standout feature of this home is its rare second-floor layout, offering two fully renovated full bathrooms-asought-after feature not commonly found in the complex. The spacious primary bedroom includes a private ensuite and generous closet space, while the two additional bedrooms are all generously sized. A renovated main-floor powder room and a finished basement provide added functionality, offering flexible space for a family room, home office, gym, or play area. With extensive upgrades throughout, this move-in-ready home is ideally located close to schools, parks, shopping, transit, and major highways, making it an excellent opportunity for first-time buyers, young families, or anyone seeking stylish, turnkey living.
MississaugaInvestor.ca
12- 5020 Delaware Drive
Condo Townhouse · 3bd/3ba · ~1,900 sqft
$799,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.27%
Monthly Cash Flow
-$2,165/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-14.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,678 |
| Property Tax | −$559 |
| Insurance | −$225 |
| Condo Fee | −$600 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$2,165/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$6,712 |
| Insurance | −$2,700 |
| Condo Fee | −$7,200 |
| Annual NOI | $18,158 |
| Cap Rate | 2.27% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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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