
57 Joymar Drive, Mississauga
Streetsville · Investor guide
$4,299,000
Estimated Value
$1,450,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
8
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,850/mo
Based on Streetsville neighbourhood rental data for 7-bed Detached
Remarks
Experience refined luxury in this exceptional custom residence, perfectly positioned on a premium, private lot backing onto the tranquil Mullet Creek. Offering nearly 8,000 square feet of thoughtfully designed living space, this impressive home features a three-car garage, five+2 bedrooms, and eight beautifully appointed bathrooms. Every detail has been carefully curated to blend timeless elegance with modern comfort. Inside, soaring vaulted ceilings and floor-to-ceiling windows create an extraordinary sense of space while filling the home with natural light and picturesque views of the surrounding mature trees. The open-concept kitchen, dining area, and spectacular great room provide the perfect setting for both everyday living and effortless entertaining. A spacious main floor office provides the ideal setting for a home workspace, library, playroom, or additional living area. Upstairs, you'll find five beautifully appointed bedrooms, each complete with its own private ensuite, offering exceptional comfort and privacy. The luxurious primary suite serves as a true retreat, featuring a spa-inspired ensuite and an expansive walk-in closet. Completing the upper level is an oversized laundry room with double washers and dryers, thoughtfully designed to make everyday living both convenient and efficient. The fully finished lower level is designed for recreation and entertaining, featuring an expansive lounge, golf simulator, oversized recreation area, stylish bar, and two additional bedrooms. Step outside to your own resort-inspired backyard. Backing onto the peaceful Mullet Creek, the professionally landscaped grounds showcase a sparkling pool with a cascading waterfall, putting green, hot tub, and a covered outdoor living area with a fireplace and additional bathroom. Whether hosting guests or enjoying a quiet evening at home, this remarkable property offers an exceptional lifestyle in a truly private setting.
MississaugaInvestor.ca
57 Joymar Drive
Detached · 7bd/8ba · ~5,000 sqft
$4,299,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.62%
Monthly Cash Flow
-$21,998/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-27.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$19,788 |
| Property Tax | −$3,009 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$3,583 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$21,998/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$36,112 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$42,990 |
| Annual NOI | $-26,512 |
| Cap Rate | -0.62% |
Cash Required to Close
| Down Payment (20%) | $859,800 |
| Ontario Land Transfer Tax | $93,950 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $956,750 |
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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