
113- 5910 Greensboro Drive, Mississauga
Central Erin Mills · Investor guide
$849,990
Estimated Value
$800,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX EXPERTS
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Based on Central Erin Mills neighbourhood rental data for 4-bed Condo Townhouse
Remarks
Welcome to 5910 Greensboro Drive, Unit 113, an exceptionally spacious 2-storey condo townhome in sought-after Central Erin Mills. Offering approximately 2,243 sq. ft. of finished living space, including 1,595 sq. ft. above grade and approximately 648 sq. ft. in the finished basement, this home gives first-time buyers room to grow and downsizers the freedom to simplify without sacrificing comfort, storage or flexibility. The bright main floor features an eat-in kitchen, a separate breakfast area, and generous living and dining spaces with an electric fireplace and walkout to the backyard. The open layout makes everyday living, entertaining and family gatherings feel natural and connected. Upstairs are three well-proportioned bedrooms and a full bathroom. The newly finished lower level adds meaningful value with an additional bedroom, bathroom, comfortable living area and separate den-ideal for extended family, overnight guests, teenagers, a home office, fitness area, playroom or quiet retreat. With four bedrooms, three bathrooms and multiple living zones, the layout can adapt as your needs change. A built-in garage, private driveway, parking for two vehicles, visitor parking and permitted BBQs add practical convenience. The backyard provides welcome outdoor space for relaxing, dining or children at play. Located near Winston Churchill Boulevard and Britannia Road, the home is close to schools, parks, shopping, groceries, restaurants, public transit, a library, places of worship, healthcare and everyday essentials. Central Erin Mills is valued for its established streets, family-friendly atmosphere and easy access to major routes and surrounding Mississauga communities. Nearly 2,300 sq. ft. of finished space, a flexible lower level, private outdoor space and a well-connected location combine to create a home that offers far more
MississaugaInvestor.ca
113- 5910 Greensboro Drive
Condo Townhouse · 4bd/3ba · ~1,500 sqft
$849,990
Cash-Flow Report · July 31, 2026
Cap Rate
2.41%
Monthly Cash Flow
-$2,205/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-14.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$3,912 |
| Property Tax | −$595 |
| Insurance | −$225 |
| Condo Fee | −$513 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$2,205/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$7,140 |
| Insurance | −$2,700 |
| Condo Fee | −$6,156 |
| Annual NOI | $20,484 |
| Cap Rate | 2.41% |
Cash Required to Close
| Down Payment (20%) | $169,998 |
| Ontario Land Transfer Tax | $13,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,473 |
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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