
3211 Dovetail Mews, Mississauga
Erin Mills · Investor guide
$1,499,000
Estimated Value
$1,285,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REALTY CENTRE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,800/mo
Based on Erin Mills neighbourhood rental data for 6-bed Detached
Remarks
Welcome To This Beautiful Family Home, Where Timeless Elegance Meets Everyday Comfort. Nestled On A Quiet, Family-Friendly Court In The Heart Of Erin Mills, This Spacious 4-Bedroom, 4-Bathroom Residence Offers The Perfect Blend Of Space, Flexibility, And Convenience. A Standout Feature Is The THREE Distinct Living Spaces, Giving Your Family The Freedom To Create A Home That Truly Fits Your Lifestyle. Imagine One As An Elegant Entertainment Or Formal Living Room For Welcoming Guests, Another As A Dedicated Home Office Or Quiet Retreat, And The Third As A Warm And Inviting Family Room Conveniently Located By The Kitchen-Perfect For Everyday Family Time. The Impressive Family Room Features Soaring 9.5-Ft Ceilings, Hardwood Flooring, And A Cozy Fireplace, While A Second Fireplace Adds Warmth And Character To Another Living Area. The Spacious Primary Suite Offers A Private Retreat With An Ensuite Bathroom And Generous Walk-In Closet, While The Additional Bedrooms Provide Plenty Of Space And Storage. The Finished Basement Adds Even More Versatility With Two Additional Rooms, Three Storage Rooms, A Cold Cellar, And Workshop-Ideal For A Recreation Area, Home Gym, Hobby Room, Guest Space, Or Additional Workspace. Step Outside To Your Private Backyard Oasis Featuring An Oversized Deck, Charming Gazebo, And Cozy Firepit-Perfect For Summer Barbecues, Entertaining, Or Relaxing With Family And Friends. Ideally Located Close To Top-Rated Schools, Parks, Shopping, Restaurants, Everyday Amenities, The QEW, And Major Routes. Three Versatile Living Spaces, A Finished Basement, Beautiful Outdoor Space, And Room For The Whole Family-This Is A Home Designed For Living, Working, Entertaining, And Creating Lasting Memories.
MississaugaInvestor.ca
3211 Dovetail Mews
Detached · 6bd/4ba · ~2,750 sqft
$1,499,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.63%
Monthly Cash Flow
-$4,863/mo
Estimated Rent
$4,800/mo
Cash-on-Cash
-17.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,800 |
| Mortgage | −$6,900 |
| Property Tax | −$1,049 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,249 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$4,863/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,600 |
| Vacancy (5%) | −$2,880 |
| Property Tax | −$12,592 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,990 |
| Annual NOI | $24,438 |
| Cap Rate | 1.63% |
Cash Required to Close
| Down Payment (20%) | $299,800 |
| Ontario Land Transfer Tax | $26,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,255 |
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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