3068 Morning Star Drive, Mississauga
Malton · Investor guide
$699,000
Estimated Value
$647,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
4
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Based on Malton neighbourhood rental data for 4-bed Semi-Detached
Remarks
Welcome to this beautifully updated semi-detached bungalow in the desirable Malton neighborhood. Combining modern finishes with timeless appeal, this three-level split home offers a practical and spacious layout-ideal for families, first-time buyers, or downsizers.The home has been thoughtfully renovated with contemporary touches throughout, including new flooring, a refreshed kitchen equipped with stainless steel appliances, and upgraded bathroom features.Enjoy bright and airy living and dining areas with an open-concept design, perfect for entertaining guests or relaxing with family.This is a fantastic opportunity to own a move-in ready home in a well-established community. The upper portion of the property is vacant and available for viewing at any time. The basement is currently occupied by tenants on a month-to-month lease. Please provide at least 2 hours' notice to arrange basement showings.
MississaugaInvestor.ca
3068 Morning Star Drive
Semi-Detached · 4bd/2ba · ~1,300 sqft
$699,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.85%
Monthly Cash Flow
-$2,139/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-16.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$3,217 |
| Property Tax | −$489 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$583 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$2,139/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$5,872 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$6,990 |
| Annual NOI | $12,938 |
| Cap Rate | 1.85% |
Cash Required to Close
| Down Payment (20%) | $139,800 |
| Ontario Land Transfer Tax | $10,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.