
213- 3075 Thomas Street, Mississauga
Churchill Meadows · Investor guide
$445,000
Estimated Value
$450,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Based on Churchill Meadows neighbourhood rental data for 1-bed Condo Apartment
Remarks
Welcome to this beautifully maintained condo in the heart of Churchill Meadows, one of Mississauga's most desirable and family-friendly communities. Offering an ideal blend of comfort, style, and convenience, this bright and spacious suite is perfect for first-time buyers, downsizers, or savvy investors. Designed with everyday living in mind, the functional open-concept layout is enhanced by 9-foot ceilings and an abundance of natural light. The modern eat-in kitchen flows seamlessly into the living and dining areas, creating an inviting space for entertaining or relaxing at home. Step outside to your oversized private balcony-one of the largest in the building-where you can enjoy your morning coffee, unwind after a long day, or host family and friends in a generous outdoor setting. The spacious primary bedroom offers a large closet and peaceful views overlooking the balcony, while the suite is complete with a full 4-piece bathroom and the added convenience of in-suite laundry. Recent upgrades include a brand-new kitchen countertop, as well as a stove and dishwasher that are only a few months old. Ideally located just minutes from parks, scenic trails, shopping, restaurants, public transit, major highways, and top-rated schools, this home offers an exceptional lifestyle in a highly sought-after neighbourhood. One underground parking space is included (P1, Spot #130). Move-in ready and offering outstanding value in an unbeatable location, this is a fantastic opportunity to own a place you'll be proud to call home.
MississaugaInvestor.ca
213- 3075 Thomas Street
Condo Apartment · 1bd/1ba · ~650 sqft
$445,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.59%
Monthly Cash Flow
-$1,089/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-13.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,048 |
| Property Tax | −$312 |
| Insurance | −$225 |
| Condo Fee | −$404 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$1,089/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$3,738 |
| Insurance | −$2,700 |
| Condo Fee | −$4,848 |
| Annual NOI | $11,514 |
| Cap Rate | 2.59% |
Cash Required to Close
| Down Payment (20%) | $89,000 |
| Ontario Land Transfer Tax | $5,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $97,375 |
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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