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Hamza Nouman, REALTOR®
238 Troy Street — property photo
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5.5

238 Troy Street, Mississauga

Mineola · Investor guide

$999,000

Estimated Value

$1,828,000

-45.4% Below Market

Based on neighbourhood averages

Detached5 bed / 2 bath3 DOM~900 sqft
New ListingLegal Suite

Cash flow, cap rate & mortgage breakdown

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Listed by RIGHT AT HOME REALTY

Investment Analysis

Key Facts

Type

Detached

Bedrooms

5

Bathrooms

2

Days on Market

3

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Legal Suite (+$1,700/mo)

Rent Estimate

Main unit (3 bed)$3,850/mo
Legal suite (2 bed)$1,700/mo
Total Est. Rent$5,550/mo

Based on Mineola neighbourhood rental data

Remarks

Welcome to this beautifully maintained 3-bedroom, 2-bathroom bungalow, ideally situated in the prestigious Mineola neighbourhood. This exceptional home offers the perfect blend of comfort, style, and investment potential. The main level features a bright and functional layout with a spacious living area, while the professionally finished legal basement apartment offers a fully self-contained living space complete with 2 Bedrooms, a Full Kitchen and a 3 piece Bath, complete with a separate entrance, fire doors and large windows. Additional Insulation was added to the basement ceiling to provide better sound barrier between the two levels. Ideal for generating rental income, accommodating extended family, or creating a private guest suite, the thoughtfully designed lower-level apartment adds exceptional versatility and value, with over $80,000 invested in its creation. Additional upgrades include a roof replacement completed just three years ago, an upgraded 200-amp electrical panel, a dedicated EV charger, and a freshly painted upper level, making this home as functional as it is move-in ready. Located in one of Mississauga's most sought-after communities, this property provides an incredible opportunity to enjoy a prestigious location while benefiting from the flexibility of a legal secondary suite. Close to top-rated schools, hospitals, parks, shopping, transit, and major highways, this is a home that truly checks all the boxes!

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