3321 Raindance Crescent, Mississauga
Lisgar · Investor guide
$899,900
Estimated Value
$812,000
Based on neighbourhood averages
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
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.
MississaugaInvestor.ca
3321 Raindance Crescent
Semi-Detached · 4bd/4ba · ~1,300 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.48%
Monthly Cash Flow
-$1,529/mo
Estimated Rent
$4,440/mo
Cash-on-Cash
-9.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,440 |
| Mortgage | −$4,142 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$222 |
| Cash Flow | -$1,529/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,280 |
| Vacancy (5%) | −$2,664 |
| Property Tax | −$7,559 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $31,358 |
| Cap Rate | 3.48% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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