2694 Truscott Drive, Mississauga
Clarkson · Investor guide
$949,000
Estimated Value
$1,250,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REALTY PLUS
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Based on Clarkson neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to 2694 Truscott Dr., a wonderful family home set on a spacious 50 x 125 ft lot in the heart Clarkson community. Surrounded by mature trees, this property offers privacy, space, and exceptional convenience. Featuring 4 bedrooms and 2 bathrooms, the home is ideal for families of all sizes. The spacious living/dining room has a large picture window that fills the space with bright natural light. The kitchen, updated in December 2025, includes a built-in hood-microwave with fan and modern finishes. The finished lower level provides a generous recreation room with above-grade windows, an ideal space for a playroom, movie nights, or a home office, plus plenty of storage throughout. A separate side entrance adds flexibility and easy access to the private, large backyard, where kids can play freely, complete with two large sheds for added storage convenience. Recent upgrades (Dec 2025) include new insulated front exterior and interior doors, updated lighting, zebra blinds in the kitchen and living/dining room, an updated upper bathroom vanity and tap, and fresh paint throughout, creating a bright, welcoming home ready to enjoy. Located within walking distance to Clarkson Community Centre, offering a pool, library, arena, and programs for all ages. Neighbourhood Schools are Hillside PS, Clarkson SS, St. Louis Catholic Elem, Iona Catholic SS. Close to major highways (QEW & 403), GO Transit, parks, shopping, Clarkson Village, and scenic waterfront trails. An excellent opportunity to own a move-in ready detached home in a mature, family-friendly neighbourhood.
MississaugaInvestor.ca
2694 Truscott Drive
Detached · 4bd/2ba · ~1,300 sqft
$949,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.81%
Monthly Cash Flow
-$1,355/mo
Estimated Rent
$4,940/mo
Cash-on-Cash
-7.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,940 |
| Mortgage | −$4,368 |
| Property Tax | −$664 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$791 |
| Vacancy (5%) | −$247 |
| Cash Flow | -$1,355/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,280 |
| Vacancy (5%) | −$2,964 |
| Property Tax | −$7,972 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,490 |
| Annual NOI | $36,154 |
| Cap Rate | 3.81% |
Cash Required to Close
| Down Payment (20%) | $189,800 |
| Ontario Land Transfer Tax | $15,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,255 |
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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