
1062 Alexandra Avenue, Mississauga
Lakeview · Investor guide
$2,388,000
Estimated Value
$1,546,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX EXPERTS
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
5
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Lakeview neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Where Exceptional Craftsmanship Meets Modern Luxury and Built-In Income Potential. Welcome to 1062 Alexandra Avenue, a Brand-New, Never-Lived-In Custom-Built Home in the Heart of Lakeview, One of Mississauga's Most Sought-After Waterfront Communities. Backed by a Brand-New Tarion Warranty, This Exceptional Residence Offers Over 4,750 Sq. Ft. of Total Finished Living Space, (3,323 sq. ft. above grade plus a 1,436 sq.ft. finished basement)Designed for Luxury, Comfort, and Everyday Living. Step Inside to Soaring Ceilings, Oversized Windows, Skylights, Seamless Glass Railings, Pot Lights, and an Abundance of Natural Light. The Elegant Main Floor Features a Spacious Living Room, Family Room, Private Office, and a Chef-Inspired Kitchen with Premium Built-In Appliances, Custom Cabinetry, and an Open-Concept Layout Perfect for Entertaining. A Powder Room with a Stand-Up Shower Adds Extra Convenience. Upstairs, the Luxurious Primary Suite Offers a Spa-Inspired Ensuite, Walk-In Closet, and Private Front Balcony, While a Second Bedroom Also Enjoys Its Own Private Balcony. A Standout Feature Is the Legal Two-Bedroom Basement Apartment with a Separate Entrance, Full Kitchen, Laundry, and Private Living Space, Ideal for Extended Family or Rental Income. Enjoy the Expansive Rear Deck with Frameless Glass Railings Overlooking the Deep Backyard. Additional Highlights Include Built-In Speakers on the Main Floor, Primary Suite, and Backyard, Two Laundry Rooms, EV Charger Rough-In, Security Camera System, and Premium Finishes Throughout. Ideally Located Minutes from Downtown Toronto, Amenities, the Lake, Port Credit, Top-Rated Schools, Parks, Shopping, Restaurants, and Major Highways. A Rare Opportunity to Own an Exceptional Custom Home Where Luxury, Quality, and Timeless Design Come Together in One Remarkable Address.
MississaugaInvestor.ca
1062 Alexandra Avenue
Detached · 6bd/5ba · ~3,250 sqft
$2,388,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.84%
Monthly Cash Flow
-$9,326/mo
Estimated Rent
$5,845/mo
Cash-on-Cash
-21.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,845 |
| Mortgage | −$10,992 |
| Property Tax | −$1,672 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,990 |
| Vacancy (5%) | −$292 |
| Cash Flow | -$9,326/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$70,140 |
| Vacancy (5%) | −$3,507 |
| Property Tax | −$20,059 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$23,880 |
| Annual NOI | $19,994 |
| Cap Rate | 0.84% |
Cash Required to Close
| Down Payment (20%) | $477,600 |
| Ontario Land Transfer Tax | $46,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $526,775 |
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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