75- 1484 Torrington Drive, Mississauga
East Credit · Investor guide
$749,000
Estimated Value
$790,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,800/mo
Based on East Credit neighbourhood rental data for 4-bed Condo Townhouse
Remarks
*Exceptional End-Unit Townhome in the Heart of East Credit - Incredible Value in HeartlandWelcome to beautifully maintained upgraded 3-bedroom, 4-bathroom home with a finished basement,offering the perfect blend of space, comfort, and convenience in one of Mississauga's most desirable family communities.Situated on a rare premium end-unit lot with an oversized side backyard in a private complex, this home feels like a semi-detached .The bright open-concept main floor features,Fresh paint, modern light fixtures and spacious living and dining areasThe renovated eat-in kitchen boasts upgraded countertops, ample cabinetry, stainless steel appliances including brand new stove, brand new furnace and new dish washer.A bright breakfast area with a walkout to the backyard deck-perfect for morning coffee or summer BBQs.Upstairs, the spacious master bedroom has a primary features double-door entry,bay windows,a large walk-in closet and a 4-piece ensuite with a separate shower and soaker tub.Two additional generously sized bedrooms, hardwood flooring throughout the upper level, neutral décor, and a second full bathroom complete this level.The finished basement provides valuable additional living space, perfect for a recreation room, home office, gym, or guest suite, along with a full bathroom featuring a stand-up shower.One of the home's standout features is the oversized backyard, and visitors parking, children's play area offering plenty of room for children, pets, gardening or outdoor entertaining private driveway accommodates two vehicles in addition to the attached garage.The Townhouse is maintained by property management which takes care of Roof(2020) Main door, All windows, Garage door(2024) , landscaping, snow removal and home insurance.Located in a quiet, family-friendly complex just minutes from Highways 401, 403 407, top-rated schools, parks,walking trails,recreation centres,public transit,Heartland Town Centre,Square One Shopping Centre,grocery stores,restaurants.
MississaugaInvestor.ca
75- 1484 Torrington Drive
Condo Townhouse · 4bd/4ba · ~1,300 sqft
$749,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.81%
Monthly Cash Flow
-$1,072/mo
Estimated Rent
$3,800/mo
Cash-on-Cash
-7.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,800 |
| Mortgage | −$3,448 |
| Property Tax | −$524 |
| Insurance | −$225 |
| Condo Fee | −$485 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$1,072/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,600 |
| Vacancy (5%) | −$2,280 |
| Property Tax | −$6,292 |
| Insurance | −$2,700 |
| Condo Fee | −$5,820 |
| Annual NOI | $28,508 |
| Cap Rate | 3.81% |
Cash Required to Close
| Down Payment (20%) | $149,800 |
| Ontario Land Transfer Tax | $11,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,255 |
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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