
5- 614 Shoreline Drive, Mississauga
Cooksville · Investor guide
$599,999
Estimated Value
$599,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Cooksville neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Hot property alert! Great opportunity for an investor with an eye for smart moves, small family or a first time buyers - this MATTAMY-BUILT stacked townhouse (honestly, just a few steps in between floors!) is bringing the vibes in one seriously sought-after neighbourhood. With fantastic access from the main floor! The unit itself is bright, airy, and impeccably maintained, this chic space serves up hardwood floors through the living, dining, and den areas, adding warmth and character with a modern twist. The sun-soaked kitchen flows beautifully into the breakfast/dining area and opens onto a very own private terrace-style balcony - this place is perfect for family relax, morning lattes, sunset wine, or weekend hangs. And convenience? It delivers. Enjoy it's own garage PLUS an extra parking space with direct access to the unit - because easy living never goes out of style. Ample Visitor Parking Available. Inside, you'll find 2 spacious bedrooms, a flexible den (WITH SEPARATE ENTRANCE!!!) perfect for a home office, nursery, glam room, or creative space, plus en-suite laundry and plenty of storage with a large foyer closet. The open-concept layout keeps things flowing while natural light pours in all day long. Set in a fun, family-friendly Private and desirable High Park Village neighbourhood with playgrounds and green space nearby, and just minutes to parks, schools, shopping, hospitals, GO Transit, and major highways - this one checks all the boxes with flair. You'll enjoy being just minutes from schools, parks, transit, restaurants and all major amenities. A rare opportunity to own a turnkey home that combines luxury, space, privacy and an unbeatable location, this place is living at it's finest. Walk Across The Street to Superstore, Drug Mart, LCBO, Gas, Banks, 24 hr Convenience, On Bus Route to Main Transit, Line to Highway, UTO, GO Station, EZ transit - just 1 bus to subway plus and express line and more! Won't Last!
MississaugaInvestor.ca
5- 614 Shoreline Drive
Condo Townhouse · 3bd/1ba · ~950 sqft
$599,999
Cash-Flow Report · July 31, 2026
Cap Rate
3.77%
Monthly Cash Flow
-$878/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-8.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,762 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$416 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$878/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$5,040 |
| Insurance | −$2,700 |
| Condo Fee | −$4,992 |
| Annual NOI | $22,608 |
| Cap Rate | 3.77% |
Cash Required to Close
| Down Payment (20%) | $119,999.8 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,474.8 |
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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