
3,4- 3375 Thomas Street, Mississauga
Churchill Meadows · Investor guide
$899,000
Estimated Value
$691,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY ENTERPRISES INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Based on Churchill Meadows neighbourhood rental data for 3-bed Condo Townhouse
Remarks
END YOUR COMMUTE! RARE LIVE/WORK SPACE IN MISSISSAUGA. Tired of the daily drive? This unique live/work unit offers the perfect opportunity for professionals, entrepreneurs, and business owners who want to run their business and live in the same space or rent out upstair for additional income. Ideal for health professionals, lawyers, accountants, administrative offices, or any profession needing office space with the convenience of a home nearby, this property eliminates the need for a separate lease while providing a professional and private work environment with a RESIDENTIAL MORTGAGE. RESIDENTIAL SPACE: Spanning two levels, the spacious three-bedroom plus den condo townhouse offers comfortable living with three well-appointed bathrooms and two private balconies that provide outdoor space and a place to unwind. Large windows allow natural light to flood the space, creating a bright and airy atmosphere. Whether you choose to live here or rent it out, the flexibility of this setup makes it a smart investment. Opportunity for a residential mortgage adds even more appeal. COMMERCIAL SPACE: The ground and lower levels are currently set up as a clinic, making them ideal for a retail business, office use, or a medical facility. Two separate entrances allow for smooth business operations and easy client access. The space includes ample storage, two bathrooms, and extra owned designated parking spaces, ensuring convenience for both business owners and customers. With visibility from Thomas Street, the unit offers a great balance of exposure and privacy. PRIME LOCATION: Located in a highly desirable area of Mississauga, this property is close to a variety of amenities and offers excellent highway access, making it convenient for both business and personal needs. Whether youre looking to streamline your work-life balance or invest in a versatile property with income potential, this rare live/work space is a fantastic opportunity. Dont miss out, schedule a viewing today!
MississaugaInvestor.ca
3,4- 3375 Thomas Street
Condo Townhouse · 3bd/5ba · ~2,125 sqft
$899,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.46%
Monthly Cash Flow
-$3,047/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-18.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$4,138 |
| Property Tax | −$629 |
| Insurance | −$225 |
| Condo Fee | −$762 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$3,047/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$7,552 |
| Insurance | −$2,700 |
| Condo Fee | −$9,144 |
| Annual NOI | $13,094 |
| Cap Rate | 1.46% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
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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