
24- 115 Bristol Road, Mississauga
Hurontario · Investor guide
$669,000
Estimated Value
$589,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX MILLENNIUM REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Based on Hurontario neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Welcome to this exceptional move-in-ready CORNER townhome, perfectly situated in one ofMississauga's most desirable and established neighbourhoods. Offering the perfect balance of style, comfort, and convenience, this beautifully maintained home is ideal for first-time buyers, growing families, or anyone looking for a prime location.Featuring 3 generously sized bedrooms, 2 bathrooms, and a basement, this home offers endless possibilities for a family recreation room, home office, fitness area, or additional living space. The bright, open-concept layout is enhanced by large windows that flood the home with natural light, creating a warm and inviting atmosphere throughout.The well-appointed kitchen is designed for both everyday living and entertaining, complete with quality cabinetry, ample counter space, stainless steel appliances, and a functional layout that flows seamlessly into the spacious living and dining areas. Step outside to your private balcony-an ideal extension of your living space-perfect for morning coffee, summer BBQs, or relaxing evenings with family and friends.Located just minutes from Highways 401 and 403, GO Transit, public transit, Square One ShoppingCentre, schools, parks, community centres, grocery stores, restaurants, cafes, and every major convenience, this home truly delivers an unbeatable lifestyle in the heart of Mississauga.Whether you're looking for your first home, upgrading your lifestyle, or making a smart investment, this is a rare opportunity to own a beautifully maintained property in a highly sought-after community.
MississaugaInvestor.ca
24- 115 Bristol Road
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$669,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.86%
Monthly Cash Flow
-$1,483/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-12.13%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,079 |
| Property Tax | −$468 |
| Insurance | −$225 |
| Condo Fee | −$608 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$1,483/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$5,620 |
| Insurance | −$2,700 |
| Condo Fee | −$7,296 |
| Annual NOI | $19,154 |
| Cap Rate | 2.86% |
Cash Required to Close
| Down Payment (20%) | $133,800 |
| Ontario Land Transfer Tax | $9,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $146,655 |
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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