5640 TURNEY Drive, Mississauga
Streetsville · Investor guide
$1,488,000
Estimated Value
$1,157,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP - SUMMIT REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,700/mo
Based on Streetsville neighbourhood rental data for 4-bed Detached
Remarks
Location, location, location!!! An impressive 3,092 sq. ft. above grade, plus a beautifully finished basement, this spacious home provides exceptional room for growing families. The main level features a bright, open-concept kitchen complete with granite countertops, open to the family room, making it the perfect space for everyday living and entertaining. The main level den/office offers many possibilities, eg. a home office or main floor bedroom. The large laundry main level has a side door entrance and a handy garage interior door entrance. Upstairs you'll find four generously sized bedrooms. The primary bedroom has a large ensuite bathroom, a walk in closet and a double mirrored door closet. The huge finished basement offers a fifth bedroom, a large recreation area, a dedicated exercise space, a sound proofed den, and plenty of storage. All of which provides incredible flexibility for extended family, guests, or a home office. Quality features include hardwood and ceramic flooring, an owned tankless water heater, a durable metal roof (2025), and several recently renovated bathrooms. The grand double door front entrance and front porch create a striking first impression, while the beautifully landscaped mature lot features an interlocking brick driveway. The stone patio is perfect for relaxing or entertaining outdoors. Enjoy an unbeatable walkable lifestyle. Stroll to top ranked Vista Heights Public School. Walk to middle schools, high school, Streetsville GO Station, charming village shops, restaurants, cafés, parks, and all the amenities that make Streetsville one of Mississauga's most desirable communities. Homes of this size in such an exceptional location are a rare find. This is more than just a house, it's the perfect place to call home. Act quickly on this one!
MississaugaInvestor.ca
5640 TURNEY Drive
Detached · 4bd/4ba · ~3,250 sqft
$1,488,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.81%
Monthly Cash Flow
-$5,841/mo
Estimated Rent
$3,700/mo
Cash-on-Cash
-21.45%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,700 |
| Mortgage | −$6,849 |
| Property Tax | −$1,042 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,240 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$5,841/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,400 |
| Vacancy (5%) | −$2,220 |
| Property Tax | −$12,499 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,880 |
| Annual NOI | $12,101 |
| Cap Rate | 0.81% |
Cash Required to Close
| Down Payment (20%) | $297,600 |
| Ontario Land Transfer Tax | $26,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $326,835 |
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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