3027 Glace Bay Road, Mississauga
Meadowvale · Investor guide
$899,000
Estimated Value
$781,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by JOYNET REALTY INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Meadowvale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully renovated, well-maintained semi-detached home-attached only by the garage-nestled on a quiet cul-de-sac in the family-friendly Meadowvale neighborhood. The owner invested over $100,000 in recent upgrades, including a new kitchen, new windows, new closets, new carpet, over half of the fence is new, updated electrical wiring throughout the entire house, and fresh drywall and ceilings on the ground floor. The property also features a versatile basement with a separate entrance, alongside a massive, pie-shaped backyard with a wood deck, barbecue area, and stone pizza oven. Perfectly located, this move-in-ready home is within walking distance of local schools, shopping, and public transit, offering quick access to Highway 401. Move in and enjoy this beautiful home!
MississaugaInvestor.ca
3027 Glace Bay Road
Semi-Detached · 4bd/2ba · ~1,750 sqft
$899,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.49%
Monthly Cash Flow
-$1,523/mo
Estimated Rent
$4,440/mo
Cash-on-Cash
-9.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,440 |
| Mortgage | −$4,138 |
| Property Tax | −$629 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$749 |
| Vacancy (5%) | −$222 |
| Cash Flow | -$1,523/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,280 |
| Vacancy (5%) | −$2,664 |
| Property Tax | −$7,552 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,990 |
| Annual NOI | $31,374 |
| Cap Rate | 3.49% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
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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