
2335 Council Ring Road, Mississauga
Erin Mills · Investor guide
$869,900
Estimated Value
$949,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
5
Bathrooms
3
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Erin Mills neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Location, Location, Location! Welcome to this beautifully maintained 4+1 bedroom, 3-bathroom family home in the highly sought-after and mature Erin Mills community. Offering exceptional space, versatility, and value, this bright and spacious residence is perfect for growing families, multi-generational living, or savvy investors. The home features a sun-filled kitchen, elegant wooden staircase, and a functional layout designed for comfortable everyday living. The finished basement includes a separate entrance, kitchen, and additional bedroom, making it ideal for an in-law suite, nanny suite, or potential rental income opportunity. Step outside to enjoy a private backyard retreat complete with a gazebo and storage sheds-perfect for relaxing, entertaining, or family gatherings. Additional features include central vacuum (as-is), direct garage access, and parking for up to 5 vehicles (1 garage + 4 driveway spaces). Ideally located within walking distance to public transit, shopping, parks, banks, restaurants, and other everyday conveniences. Families will appreciate the proximity to top-rated schools, while commuters will enjoy quick and easy access to Highways 403 and QEW. Motivated Seller! Flexible closing available (30-60 days). Furniture may be purchased separately at a reasonable price.A fantastic opportunity in one of Mississauga's most desirable neighborhoods-this home is a must-see!
MississaugaInvestor.ca
2335 Council Ring Road
Semi-Detached · 5bd/3ba · ~1,300 sqft
$869,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.93%
Monthly Cash Flow
-$1,155/mo
Estimated Rent
$4,640/mo
Cash-on-Cash
-7.26%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,640 |
| Mortgage | −$4,004 |
| Property Tax | −$609 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$725 |
| Vacancy (5%) | −$232 |
| Cash Flow | -$1,155/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$55,680 |
| Vacancy (5%) | −$2,784 |
| Property Tax | −$7,307 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,699 |
| Annual NOI | $34,190 |
| Cap Rate | 3.93% |
Cash Required to Close
| Down Payment (20%) | $173,980 |
| Ontario Land Transfer Tax | $13,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $190,853 |
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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