741 Queensbridge Drive, Mississauga
Erindale · Investor guide
$919,000
Estimated Value
$934,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by REAL ONE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,550/mo
Based on Erindale neighbourhood rental data for 3-bed Detached
Remarks
5 Elite Picks! Here Are 5 Reasons To Make This Home Your Own: 1. Beautifully Renovated Main Level (with New Engineered Hardwood Flooring & Updated Baseboards '26) with Lovely Living Room Leading to Stunning Updated Kitchen ('26) Boasting New Modern Cabinetry, Quartz Countertops & Backsplash, and Bright Breakfast Area with Patio Door W/O to Deck, Plus Modern 3pc Bath ('21)! 2. Generous 2nd Level with 3 Bedrooms with Hardwood Flooring & 4pc Main Bath with New Vanity, Mirror, Faucet & Showerhead ('26). 3. Great Additional Living Space in the Finished Basement Boasting Warm & Welcoming Rec Room with Fireplace, Plus Laundry & Ample Storage! 4. Private Fenced Backyard with Refinished Deck ('26) & Lovely Perennial Gardens, Backing onto Ashgate Park with Playground, Trails & Plenty of Space to Play! 5. Fabulous Location on Quiet, Family-Friendly Street in Mississauga's Creditview Community with Great Access to Multiple Nature Paths, Cycling Paths & Parks, Shopping & Restaurants, Schools, Public Transit, Highway Access, Square One, Hospitals & Many More Amenities! All This & More! Brand New 30" Stove & Range Hood '26, Freshly Painted '26 & Move in Ready! New Light Fixtures (Except PBR) '26, Updated Door Handles & Front Door Lock '26, Refinished Front Porch '26, New Heat Pump '25, New Furnace '24, New Refrigerator '24, New Garage Door '22, Updated Main Bath '20, Pot Lights '19, Washer & Dryer '18, Updated Shingles '15, 2nd Level Oak Hdwd '11, Most Windows '06.
MississaugaInvestor.ca
741 Queensbridge Drive
Detached · 3bd/2ba · ~900 sqft
$919,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.27%
Monthly Cash Flow
-$2,492/mo
Estimated Rent
$3,550/mo
Cash-on-Cash
-14.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,550 |
| Mortgage | −$4,230 |
| Property Tax | −$643 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$766 |
| Vacancy (5%) | −$178 |
| Cash Flow | -$2,492/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,600 |
| Vacancy (5%) | −$2,130 |
| Property Tax | −$7,720 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,190 |
| Annual NOI | $20,860 |
| Cap Rate | 2.27% |
Cash Required to Close
| Down Payment (20%) | $183,800 |
| Ontario Land Transfer Tax | $14,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $201,655 |
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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