400 Patterson Drive, Milton
Milton
$959,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 PROPERTY ZONE REALTY INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
An absolute showstopper in desirable Hawthorne Village! This beautifully renovated all-brick end unit feels like a semi-detached home and sits on a premium lot with 3 large bedrooms & 3.5 bathrooms. Features a stunning modern kitchen, updated flooring, stylish bathrooms, and an open-concept layout with a walkout to a massive deck. The finished basement offers extra living space with potential for a side entrance/in-law suite, while major updates include new kitchen cabinets, flooring, washrooms, etc., with a spend of 40k on the house. Conveniently located minutes from Highways 401 & 407, parks, schools, and everyday amenities,
MississaugaInvestor.ca
400 Patterson Drive
Att/Row/Townhouse · 3bd/4ba · ~1,300 sqft
$959,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.56%
Monthly Cash Flow
-$2,366/mo
Estimated Rent
$3,890/mo
Cash-on-Cash
-13.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,890 |
| Mortgage | −$4,414 |
| Property Tax | −$623 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$799 |
| Vacancy (5%) | −$195 |
| Cash Flow | -$2,366/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,680 |
| Vacancy (5%) | −$2,334 |
| Property Tax | −$7,480 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,590 |
| Annual NOI | $24,576 |
| Cap Rate | 2.56% |
Cash Required to Close
| Down Payment (20%) | $191,800 |
| Ontario Land Transfer Tax | $15,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $210,455 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.