
60- 3056 Eglinton Avenue, Mississauga
Churchill Meadows · Investor guide
$729,900
Estimated Value
$630,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by NEW ERA REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Based on Churchill Meadows neighbourhood rental data for 2-bed Condo Townhouse
Remarks
This spacious two-bedroom, three-bathroom Daniels Corporation-built townhouse with two parking spaces, offers a layout that understands how people actually live, with beautiful updates throughout. The main floor features open living and dining areas, a nice eat-in kitchen and a private terrace, perfect for morning coffee, summer dinners or simply getting outside without leaving home. Condo fees include 2nd parking space ($386.35 + $49.52). Upstairs, there's no fighting over the better bedroom: both feature their own private ensuite and double closets. Add in convenient interior access to the garage and you have the space and functionality that condo living often struggles to deliver. Set in family-friendly Churchill Meadows, you're close to parks, schools, MiWay transit, Churchill Meadows Community Centre, Erin Mills Town Centre and the seemingly endless dining options around Ridgeway Plaza. With Streetsville GO and Highways 403, 401 and 407 all easily accessible, this is the kind of location that makes everyday life simpler-which is really what a great home should do.
MississaugaInvestor.ca
60- 3056 Eglinton Avenue
Condo Townhouse · 2bd/3ba · ~1,300 sqft
$729,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.13%
Monthly Cash Flow
-$2,062/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-15.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,360 |
| Property Tax | −$511 |
| Insurance | −$225 |
| Condo Fee | −$436 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$2,062/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$6,131 |
| Insurance | −$2,700 |
| Condo Fee | −$5,232 |
| Annual NOI | $15,577 |
| Cap Rate | 2.13% |
Cash Required to Close
| Down Payment (20%) | $145,980 |
| Ontario Land Transfer Tax | $11,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $160,053 |
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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