
1809 Melody Drive, Mississauga
Central Erin Mills · Investor guide
$1,399,999
Estimated Value
$1,220,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,850/mo
Based on Central Erin Mills neighbourhood rental data for 5-bed Detached
Remarks
First time ever offered for sale! Proudly owned and meticulously maintained by the original owners, this exceptional 5-bedroom family home is nestled on a rare, private ravine lot backing directly onto the scenic Credit River in one of Mississauga's most sought-after neighborhoods.The main level features two spacious living areas, a formal dining room with rich hardwood flooring, an abundance of natural light, and a large eat-in kitchen with granite countertops and a walkout to an expansive deck overlooking the tranquil backyard-perfect for entertaining, family BBQs, or simply enjoying the peaceful ravine setting.Upstairs, you'll find five generously sized bedrooms and two full bathrooms, providing ample space for growing or multi-generational families.Additional highlights include an interlock stone driveway, convenient mudroom entrance, central vacuum, roof replaced approximately 10 years ago, and furnace (2022)and air conditioner (2023) with parts warranty.Enjoy the ultimate lifestyle with a private ravine backyard just steps from walking trails and the Credit River, while being minutes to the charming shops and restaurants of Downtown Streetsville, Credit Valley Hospital, Erin Mills Town Centre, the University of Toronto Mississauga campus, top-rated schools, parks, and all major amenities. A truly rare opportunity to own a one-of-a-kind family home in an unbeatable location!
MississaugaInvestor.ca
1809 Melody Drive
Detached · 5bd/3ba · ~2,750 sqft
$1,399,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.92%
Monthly Cash Flow
-$4,209/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-16.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$6,444 |
| Property Tax | −$980 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,167 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$4,209/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$11,760 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,000 |
| Annual NOI | $26,830 |
| Cap Rate | 1.92% |
Cash Required to Close
| Down Payment (20%) | $279,999.8 |
| Ontario Land Transfer Tax | $24,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,474.8 |
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
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.