188 Troy Street, Mississauga
Mineola · Investor guide
$1,098,000
Estimated Value
$1,633,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
9
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
RARE OPPORTUNITY on a PREMIUM 77' x 113' LOT in PRESTIGIOUS MINEOLA! This 3-bedroom, 2-bathroom bungalow with a separate entrance and in-law suite is surrounded by luxury custom homes, offering exceptional potential for families, builders, investors, or those looking to create their dream home. This property presents outstanding redevelopment potential in one of Mississauga's most sought-after neighbourhoods. Enjoy top-rated schools, quick access to the QEW, Port Credit GO, the upcoming Hurontario LRT, waterfront trails, and the vibrant shops, restaurants, and amenities of Port Credit Village. A rare opportunity in a premier location.
MississaugaInvestor.ca
188 Troy Street
Detached · 3bd/2ba · ~900 sqft
$1,098,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.52%
Monthly Cash Flow
-$2,745/mo
Estimated Rent
$4,440/mo
Cash-on-Cash
-13.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,440 |
| Mortgage | −$5,054 |
| Property Tax | −$769 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$915 |
| Vacancy (5%) | −$222 |
| Cash Flow | -$2,745/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,280 |
| Vacancy (5%) | −$2,664 |
| Property Tax | −$9,223 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,980 |
| Annual NOI | $27,713 |
| Cap Rate | 2.52% |
Cash Required to Close
| Down Payment (20%) | $219,600 |
| Ontario Land Transfer Tax | $18,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,035 |
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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