
6- 150 South Service Road, Mississauga
Mineola · Investor guide
$999,900
Estimated Value
$1,164,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,450/mo
Based on Mineola neighbourhood rental data for 3-bed Condo Townhouse
Remarks
Tucked among mature trees and beautifully landscaped gardens, Colonial Woods offers the kind of peaceful setting that's becoming increasingly hard to find. Whether you're enjoying your morning coffee or unwinding at the end of the day on the private **Zen-inspired** stone patio, gathering around the fireplace with family, or entertaining friends in the open-concept living space, this home is designed for comfortable everyday living.The thoughtfully updated kitchen is the heart of the home, featuring granite countertops, a generous centre island, and a charming built-in desk overlooking the living room; perfect for working from home or managing daily tasks while staying connected with family and guests. Hardwood flooring and elegant crown moulding throughout add timeless character. Upstairs, three spacious bedrooms, including two with walk-in closets, and two full bathrooms provide room for family, guests, or a dedicated home office. The finished lower level offers flexible living space for movie nights, hobbies, or a children's playroom, along with exceptional storage.Life in Colonial Woods means spending less time worrying about maintenance and more time enjoying everything Mineola has to offer. Walk along leafy streets, explore nearby parks and trails, and enjoy the convenience of being just minutes from Port Credit, the QEW, GO Transit, shopping, restaurants, and some of Mississauga's most highly regarded public and private schools. **As an added bonus, this home offers FOUR parking spaces; a rare find for townhome living, with a double-car garage and parking for two additional vehicles on the driveway.** Condo fees include water, cable, and internet, making this an exceptional opportunity to enjoy comfort, convenience, and an outstanding lifestyle in one of Mississauga's most desirable communities.
MississaugaInvestor.ca
6- 150 South Service Road
Condo Townhouse · 3bd/3ba · ~1,700 sqft
$999,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.93%
Monthly Cash Flow
-$2,992/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-16.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,602 |
| Property Tax | −$700 |
| Insurance | −$225 |
| Condo Fee | −$742 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$2,992/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$8,399 |
| Insurance | −$2,700 |
| Condo Fee | −$8,904 |
| Annual NOI | $19,327 |
| Cap Rate | 1.93% |
Cash Required to Close
| Down Payment (20%) | $199,980 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,453 |
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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