
38 John Street, Mississauga
Port Credit · Investor guide
$1,399,000
Estimated Value
$1,378,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ENGEL & VOLKERS OAKVILLE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Port Credit neighbourhood rental data for 3-bed Detached
Remarks
Freshly dressed in a bold navy blue colour and brimming with curb appeal, this stunning Port Credit character home is where timeless charm meets modern luxury by the lake. Fully transformed with over $100K in stylish upgrades, this move-in ready 3-bedroom, 2-bath gem delivers designer finishes, inviting living spaces, and the ultimate lakeside lifestyle just a short walk from the vibrant energy of Port Credit Village. Step inside to bright & refreshed interiors featuring new hardwood floors, new baseboards, and a warm, inviting layout made for both entertaining and everyday comfort. The cozy living room with fireplace flows effortlessly into a spacious dining area with walk-out access to the deck, while the updated eat-in kitchen boasts a large island, stainless steel appliances, and endless pantry storage. A versatile front room overlooking the charming front porch makes the perfect home office, den, or guest suite. Upstairs, you'll find three inviting bedrooms, including a flexible Murphy bed room ideal for a second office space. The sun-filled primary retreat features two oversized skylights that capture gorgeous sunset skies, while the beautifully renovated bathroom with a cast-iron clawfoot tub delivers the perfect touch of vintage-inspired luxury. Outside, the lifestyle only gets better. Enjoy slow mornings on the welcoming front porch, summer dinners on the expansive two-tier deck, and sunset evenings with wine in hand on the upper lounge deck. Ideal for downsizers craving an alternative to condo living or young families looking to plant roots in a vibrant lakeside community. This home is perfectly located steps to trendy Port Credit Village with boutique shopping, restaurants, marinas, waterfront trails, wine clubs & art tours with close access to public transit, GO station, highways, and the airport. Freshly transformed, full of personality, and move-in ready - this is Port Credit living at its best!
MississaugaInvestor.ca
38 John Street
Detached · 3bd/2ba · ~1,750 sqft
$1,399,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.49%
Monthly Cash Flow
-$5,864/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-22.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$6,439 |
| Property Tax | −$979 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,166 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$5,864/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$11,752 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,990 |
| Annual NOI | $6,898 |
| Cap Rate | 0.49% |
Cash Required to Close
| Down Payment (20%) | $279,800 |
| Ontario Land Transfer Tax | $24,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,255 |
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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