4059 Teakwood Drive, Mississauga
Erindale · Investor guide
$899,999
Estimated Value
$934,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by NEW ERA REAL ESTATE
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
None Detected
Rent Estimate
$3,550/mo
Based on Erindale neighbourhood rental data for 3-bed Detached
Remarks
Nestled in the heart of vibrant Mississauga, this lovingly maintained one-owner home offers the perfect blend of space, comfort, and pride of ownership. Move in and enjoy this well-cared-for property featuring generous principal rooms, an ideal layout for growing families, and plenty of space to make your own. Bright and inviting throughout, this home has been meticulously maintained over the years and offers endless potential. Enjoy a good-sized private yard perfect for entertaining, gardening, or relaxing outdoors. Attached garage with ample storage space adds everyday convenience. Ideally located close to Square One, shopping, transit, schools, parks, and major highways. A rare opportunity to own a cherished home in one of Mississauga's most convenient locations.
MississaugaInvestor.ca
4059 Teakwood Drive
Detached · 3bd/2ba · ~1,750 sqft
$899,999
Cash-Flow Report · July 31, 2026
Cap Rate
2.36%
Monthly Cash Flow
-$2,376/mo
Estimated Rent
$3,550/mo
Cash-on-Cash
-14.44%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,550 |
| Mortgage | −$4,143 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$178 |
| Cash Flow | -$2,376/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,600 |
| Vacancy (5%) | −$2,130 |
| Property Tax | −$7,560 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,000 |
| Annual NOI | $21,210 |
| Cap Rate | 2.36% |
Cash Required to Close
| Down Payment (20%) | $179,999.8 |
| Ontario Land Transfer Tax | $14,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,474.8 |
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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