
145- 7155 Magistrate Terrace, Mississauga
Central Erin Mills · Investor guide
$849,999
Estimated Value
$800,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ForMax Realty Brokerage Ltd.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Based on Central Erin Mills neighbourhood rental data for 4-bed Condo Townhouse
Remarks
Welcome Home to Meadowville Village! Experience the feel of a semi-detached home in this beautifully updated condo townhouse, nestled in the highly desirable and family-friendly Meadowvalle Village Community. Featuring low maintenance fees and fresh paint throughout, this move-in-ready home is designed for comfortable Family living. The main floor showcase 9-foot ceilings, hardwood flooring , and modern pot lights throughout. Enjoy a functional open-concept layout featuring spacious living, dining, and family rooms, perfect for everyday living and entertaining. Step out onto the large deck featuring a gas BBQ hookup, ideal for outdoor gatherings. The upgraded modern Kitchens equipped with qaurtz countertops, a stylish backsplash, and stainless steel appliances. Upstairs, you will find three generously sized bedrooms and two full bathrooms, offering plenty of space for the whole family. The living space extends into the walk-out lower level, featuring a bright 4th bedroom ideal for guests, with direct access to the fully fenced backyard. The finished basement offers additional flexible space, perfect for a home office. Conveniently located just minutes from Highway 401 & 407, heartland Town centre, Parks, and Top Rated Schools. A Fantastic opportunity not be missed!
MississaugaInvestor.ca
145- 7155 Magistrate Terrace
Condo Townhouse · 4bd/3ba · ~1,700 sqft
$849,999
Cash-Flow Report · July 31, 2026
Cap Rate
2.88%
Monthly Cash Flow
-$1,872/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-12.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$3,912 |
| Property Tax | −$595 |
| Insurance | −$225 |
| Condo Fee | −$180 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$1,872/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$7,140 |
| Insurance | −$2,700 |
| Condo Fee | −$2,160 |
| Annual NOI | $24,480 |
| Cap Rate | 2.88% |
Cash Required to Close
| Down Payment (20%) | $169,999.8 |
| Ontario Land Transfer Tax | $13,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,474.8 |
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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