
5685 Topaz Place, Mississauga
Churchill Meadows · Investor guide
$950,000
Estimated Value
$854,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by CITYSCAPE REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
4
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,350/mo
Based on Churchill Meadows neighbourhood rental data for 4-bed Semi-Detached
Remarks
Welcome to this beautifully updated, exceptionally clean, and naturally bright semi-detached home, built by Tiffany Park Homes. The inviting covered front porch creates a warm first impression, while the convenient garage entry provides easy access during all seasons. The open-concept main floor features a spacious dining area, a separate family room, and a stunning eat-in kitchen renovated in 2024, complete with a pantry and a bright breakfast area overlooking the fully fenced backyard with patio-perfect for family living and entertaining. Hardwood and Porcelain flooring throughout the main level adds timeless elegance. Upstairs, the spacious primary bedroom offers a beautifully renovated 2025 spa-inspired ensuite with a soaker tub, separate shower, and walk-in closet. Two additional generously sized bedrooms and updated bathrooms provide comfort for the whole family. Finished basement with Recreation room, office, full 3 piece bathroom, and storage. Ideal for work from home and entertaining guests. $85,000 in Resent Renovations and Upgrades including Complete Fresh Paint 2026, New Flooring (upper level 2026, New Stairs 2026, Master Bed Bathroom Renovation 2025, New Windows (all windows) and Back Sliding Door 2024, Powder Room Main Floor Renovation 2024, New Fully Renovated Kitchen 2024, New Fridge 2024, New Garage Door (with mobile app opening/closing) 2022, New Tankless Water Heater (not rental) 2022, New 2 car Driveway 2021, Attic Insulation 2018, New Gas Stove 2017, Bathroom (2nd Floor) Renovation New Roof 2017, New Furnace and AC (not rental) 2017, New Front Entrance Door 2014, Ideal location: walking distance to new Churchill meadows community center, library, high schools (regular, catholic), and middle school. Easy access to major highways, 401, 403, 407, 5 minutes to popular Ridgeway Plaza
MississaugaInvestor.ca
5685 Topaz Place
Semi-Detached · 4bd/4ba · ~1,750 sqft
$950,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.9%
Monthly Cash Flow
-$2,873/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-16.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$4,373 |
| Property Tax | −$665 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$792 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$2,873/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$7,980 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,500 |
| Annual NOI | $18,010 |
| Cap Rate | 1.9% |
Cash Required to Close
| Down Payment (20%) | $190,000 |
| Ontario Land Transfer Tax | $15,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,475 |
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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