651 Shetani Place, Mississauga
City Centre · Investor guide
$899,999
Estimated Value
$943,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX MILLENNIUM REAL ESTATE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on City Centre neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this spacious and versatile 3+2 bedroom home tucked away on a quiet cul-de-sac in the heart of Mississauga, just minutes from Square One and every major convenience. Designed with flexibility in mind, this home features two full kitchens and four bathrooms, making it an ideal choice for multi-generational families, those with extended family, or buyers looking for excellent income potential. The main level offers three generously sized bedrooms, bright and functional living spaces, and a well-appointed kitchen perfect for everyday living. The finished lower level includes two additional bedrooms, a second full kitchen, and the potential for a separate entrance, providing added privacy and endless possibilities. A long, extra-wide driveway accommodates 6-7 vehicles, offering ample parking for family and guests. Combining exceptional space, functionality, and an unbeatable location close to shopping, dining, transit, schools, and major highways, this is a rare opportunity to own a home that truly adapts to your lifestyle.
MississaugaInvestor.ca
651 Shetani Place
Detached · 5bd/4ba · ~1,750 sqft
$899,999
Cash-Flow Report · July 31, 2026
Cap Rate
3.93%
Monthly Cash Flow
-$1,193/mo
Estimated Rent
$4,795/mo
Cash-on-Cash
-7.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,795 |
| Mortgage | −$4,143 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$1,193/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,540 |
| Vacancy (5%) | −$2,877 |
| Property Tax | −$7,560 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,000 |
| Annual NOI | $35,403 |
| Cap Rate | 3.93% |
Cash Required to Close
| Down Payment (20%) | $179,999.8 |
| Ontario Land Transfer Tax | $14,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,474.8 |
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
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