
1060 Claredale Road, Mississauga
Mineola · Investor guide
$949,999
Estimated Value
$1,385,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP ELITE REALTY INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Mineola neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to 1060 Claredale Road, a fantastic opportunity in the highly sought-after Mineola neighbourhood of Mississauga! This well-kept, original semi-detached raised bungalow has been lovingly maintained and offers endless potential for homeowners, investors, or those looking to customize a home in a premier location. The main level features three spacious bedrooms, a bright living and dining area, and a functional eat-in kitchen. The finished basement apartment, complete with separate front and side entrances, provides excellent flexibility for extended family or potential income opportunities. Situated on a generous lot with two separate driveways offering ample parking, this property combines practicality with future potential. The roof has been recently replaced (5-6 years). Whether you choose to enjoy its original charm or renovate to suit your personal style, this home offers a solid foundation in one of Mississauga's most established communities. Conveniently located close to top-rated schools, parks, shopping, transit, GO stations, major highways, and just minutes from Port Credit and the Lake Ontario waterfront. A rare opportunity to own a well-maintained home in prestigious Mineola and make it your own!
MississaugaInvestor.ca
1060 Claredale Road
Semi-Detached · 4bd/2ba · ~1,300 sqft
$949,999
Cash-Flow Report · July 31, 2026
Cap Rate
3.62%
Monthly Cash Flow
-$1,505/mo
Estimated Rent
$4,790/mo
Cash-on-Cash
-8.66%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,790 |
| Mortgage | −$4,373 |
| Property Tax | −$665 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$792 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$1,505/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,480 |
| Vacancy (5%) | −$2,874 |
| Property Tax | −$7,980 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,500 |
| Annual NOI | $34,426 |
| Cap Rate | 3.62% |
Cash Required to Close
| Down Payment (20%) | $189,999.8 |
| Ontario Land Transfer Tax | $15,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,474.8 |
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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