
1444 Varelas Passage, Oakville
Oakville
$1,468,000
Cash flow, cap rate & mortgage breakdown
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Listed by CRIMSON ROSE REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
A beautiful modern 4-bedroom, 3-bathroom, 3-parking home on the quiet street in one of Oakville's most desirable communities: Joshua Meadows. Features many custom upgrades meticulously chosen for elevated style and quality. With soaring 10-foot ceilings on main floor, this home feels open, elegant, and full of natural light. The chef-inspired kitchen is a true showstopper featuring premium appliances, all granite countertop with centre island, and a custom-built stove hood by the builder. Custom touches are found throughout: designer light fixtures, upgraded power room stones and vanity, upgraded cabinets, upgraded basement nook, master bedroom closet organizer, etc. The upper level is a sanctuary of relaxation. The primary bedroom is a retreat, complete with a spacious walk-in closet and a spa-inspired ensuite. Unwind in the luxurious soaker tub or refresh in the glass-enclosed shower. Three additional bedrooms and one full washroom. Upper-level laundry adds additional convenience. Raised basement with 9' ceiling and large windows. Side entrance to the basement waiting for your touches. Located in a family-friendly Oakville community, surrounded by parks, forests, trails and ponds. This home is just minutes from high-ranking schools, major highways, shops and all essential amenities! Home is still under Tarion Warranty! Don't miss this gem!
MississaugaInvestor.ca
1444 Varelas Passage
Detached · 4bd/3ba · ~2,250 sqft
$1,468,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.09%
Monthly Cash Flow
-$4,195/mo
Estimated Rent
$5,290/mo
Cash-on-Cash
-15.61%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,290 |
| Mortgage | −$6,757 |
| Property Tax | −$1,015 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,223 |
| Vacancy (5%) | −$265 |
| Cash Flow | -$4,195/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$63,480 |
| Vacancy (5%) | −$3,174 |
| Property Tax | −$12,184 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,680 |
| Annual NOI | $30,742 |
| Cap Rate | 2.09% |
Cash Required to Close
| Down Payment (20%) | $293,600 |
| Ontario Land Transfer Tax | $25,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $322,435 |
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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