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Hamza Nouman, REALTOR®
3321 Raindance Crescent — property photo
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4.5

3321 Raindance Crescent, Mississauga

Lisgar · Investor guide

$899,900

Estimated Value

$812,000

+10.8% Above Market

Based on neighbourhood averages

Semi-Detached 4 bed / 4 bath11 DOM~1,300 sqft
Suite Potential

Cash flow, cap rate & mortgage breakdown

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Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment Analysis

Key Facts

Type

Semi-Detached

Bedrooms

4

Bathrooms

4

Days on Market

11

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Suite Potential (+$1,190/mo)

Rent Estimate

Main unit (3 bed)$3,250/mo
Basement suite (1 bed)$1,190/mo
Total Est. Rent$4,440/mo

Based on Lisgar neighbourhood rental data · Verify suite legality with the City of Mississauga

Remarks

Welcome to a well-maintained 3+1 bedroom semi-detached home in the sought-after family-friendly Winston Churchill & Hwy 401 area. Over $60,000 invested in new basement and other renovations, which translates to a $5000 monthly Income Potential. The main home features a bright living and dining area with a walkout to the fenced backyard, an updated kitchen, private laundry, multiple access to garage, a spacious primary bedroom with ensuite, plus two additional bedrooms with another full bathroom. The entire home boasts 4 well sized bedrooms with 4 washrooms, 2 private laundry, 2 kitchens, 2 separate entrances, storage, and much more.The finished basement has a separate entrance and includes a one-bedroom apartment with its own kitchen, living room, full bathroom, private laundry, and storage. Ideal for extended family or rental income. The Basement kitchen is professionally completed and ready for the purchaser to install cabinetry of their choice. This high demand neighborhood is close to lots of Tech companies, Top ranking schools, The biggest Business centre, Toronto premium outlets, lots of five-star hotels, high demand for AirBnB, 8 mins walk to Lisgar GO train station, easy access to Highways 407 & 401, and much more.Bring your vision! With a strong offer, the motivated Seller is willing to customize the basement kitchen to suit the Buyer's taste. *Certain images have been virtually staged for illustrative purposes only. Freshly painted with smooth ceiling throughout the house. Garage with 2 car parking in the driveway. This home offers an estimated rental potential of up to $5,000/month (The Main Floor recently rented for $3250, and Basement projected for $1750). Conveniently located close to shopping, schools, parks, restaurants, library, community centre, GO Transit, and Hwy 401.

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