
941 Stainton Drive, Mississauga
Erindale · Investor guide
$899,900
Estimated Value
$747,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX WEST REALTY INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Erindale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to 941 Stainton Drive, a beautifully updated family home in the heart of Erindale, one of Mississauga's most sought-after and family-friendly communities. Thoughtfully maintained and move-in ready bungalow! The main level features an inviting open-concept living and dining area highlighted by rich hardwood flooring, elegant crown moulding, and modern pot lighting. The renovated kitchen is complete with granite countertops, stainless steel appliances, an oversized island, a spacious pantry area, and a convenient walkout to the side yard! Just off the kitchen, the bright dining area opens onto a large balcony - an ideal setting for morning coffee, outdoor dining, or relaxing at the end of the day. Three generously sized bedrooms filled with natural light, complete the main level! The finished lower level adds incredible flexibility, featuring a separate entrance, a cozy gas fireplace, abundant storage, rough-in for a second kitchen, and a brand-new modern 3-piece bathroom. Whether you're looking to accommodate extended family, create a nanny suite, or explore income potential, this space offers endless possibilities. Step outside to enjoy the private, fully fenced backyard, complete with upgraded concrete landscaping and a gazebo which is perfect for entertaining or enjoying summer evenings outdoors. Ideally located just minutes from parks, shopping, highly rated schools, public transit, and major highways, this exceptional home delivers the perfect combination of location, lifestyle, and future potential. *Some photos AI edited.
MississaugaInvestor.ca
941 Stainton Drive
Semi-Detached · 3bd/2ba · ~1,300 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.79%
Monthly Cash Flow
-$2,052/mo
Estimated Rent
$3,890/mo
Cash-on-Cash
-12.47%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,890 |
| Mortgage | −$4,142 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$195 |
| Cash Flow | -$2,052/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,680 |
| Vacancy (5%) | −$2,334 |
| Property Tax | −$7,559 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $25,088 |
| Cap Rate | 2.79% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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