804- 4675 Metcalfe Avenue, Mississauga
Central Erin Mills · Investor guide
$699,900
Estimated Value
$579,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE EXCELSIOR REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,250/mo
Based on Central Erin Mills neighbourhood rental data for 3-bed Condo Apartment
Remarks
Welcome to this bright and spacious corner unit (945 SF). 2-bedroom plus Den and 2 Full bathroom offering comfort, style, and convenience. The open-concept layout is filled with natural light and features generous living and dining areas with spacious Den, perfect for everyday living and entertaining. The modern kitchen provides ample cabinet and counter space, while the primary bedroom includes a private ensuite and a spacious closet. The second bedroom is ideal for guests, a home office, or family. Full sized balcony of (342 SF) Corner unit with fantastic views. At your doorstep is Erin Mills Town Centre, Restaurants & Dining, Highly rated Schools, Credit Valley Hospital, Quick access to High way. 24Hr Concierge, Guest Suite, Games Room, Playground for Children , Rooftop Outdoor Pool, Terrace, Lounge, Bbqs, Fitness Club.
MississaugaInvestor.ca
804- 4675 Metcalfe Avenue
Condo Apartment · 3bd/2ba · ~950 sqft
$699,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.76%
Monthly Cash Flow
-$1,615/mo
Estimated Rent
$3,250/mo
Cash-on-Cash
-12.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,250 |
| Mortgage | −$3,222 |
| Property Tax | −$490 |
| Insurance | −$225 |
| Condo Fee | −$765 |
| Vacancy (5%) | −$163 |
| Cash Flow | -$1,615/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,000 |
| Vacancy (5%) | −$1,950 |
| Property Tax | −$5,879 |
| Insurance | −$2,700 |
| Condo Fee | −$9,180 |
| Annual NOI | $19,291 |
| Cap Rate | 2.76% |
Cash Required to Close
| Down Payment (20%) | $139,980 |
| Ontario Land Transfer Tax | $10,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,453 |
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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