9- 2600 GLENGARRY Road, Mississauga
Erindale · Investor guide
$733,000
Estimated Value
$666,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by GFA REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,150/mo
Based on Erindale neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Welcome to 2600 Glengarry, featuring a spacious 3-bedroom, 3.5-bath townhouse offering 1,815 sq. ft. of above-ground living space with a functional layout ideal for families. Bright eat-in kitchen with ample cabinetry, a centre island, and a walkout to the backyard. Direct garage access adds everyday convenience. Ideally located in a sought-after neighbourhood close to parks, trails, golf, shopping, public transit, Erindale GO, and Mississauga Hospital. A fantastic opportunity to own a spacious home in a prime location.
MississaugaInvestor.ca
9- 2600 GLENGARRY Road
Condo Townhouse · 3bd/4ba · ~1,900 sqft
$733,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.15%
Monthly Cash Flow
-$1,450/mo
Estimated Rent
$3,150/mo
Cash-on-Cash
-10.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,150 |
| Mortgage | −$3,374 |
| Property Tax | −$513 |
| Insurance | −$225 |
| Condo Fee | −$330 |
| Vacancy (5%) | −$158 |
| Cash Flow | -$1,450/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,800 |
| Vacancy (5%) | −$1,890 |
| Property Tax | −$6,157 |
| Insurance | −$2,700 |
| Condo Fee | −$3,960 |
| Annual NOI | $23,093 |
| Cap Rate | 3.15% |
Cash Required to Close
| Down Payment (20%) | $146,600 |
| Ontario Land Transfer Tax | $11,135 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $160,735 |
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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