1- 670 Atwater Avenue, Mississauga
Mineola · Investor guide
$599,000
Estimated Value
$1,164,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SAM MCDADI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
1
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
A rare find beautiful corner-unit townhouse in sought-after Mineola. One of the largest main-floor layouts with no wasted space and NO STAIRS, featuring 2 beds + den, 2 full baths, 2 walk-in closets, 2 parking spots and 2 lockers, with gas lines inside and outside. Inside, enjoy wood flooring throughout, upgraded kitchen cabinets, mirrored closets in the foyer and hallway, and custom shades and light fixtures in every room. The upgraded stand-up shower with frameless glass enclosure adds a touch of luxury. Includes the largest and one of only three private lockers located directly behind your parking spot. Step out to an expansive patio surrounded by beautiful trees, complete with gas and water lines for easy outdoor entertaining. Min away from water, new Walmart, restaurants and much more.
MississaugaInvestor.ca
1- 670 Atwater Avenue
Condo Townhouse · 3bd/2ba · ~1,100 sqft
$599,000
Cash-Flow Report · July 31, 2026
Cap Rate
4.47%
Monthly Cash Flow
-$528/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-4.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$2,757 |
| Property Tax | −$419 |
| Insurance | −$225 |
| Condo Fee | −$404 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$528/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$5,032 |
| Insurance | −$2,700 |
| Condo Fee | −$4,848 |
| Annual NOI | $26,750 |
| Cap Rate | 4.47% |
Cash Required to Close
| Down Payment (20%) | $119,800 |
| Ontario Land Transfer Tax | $8,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,255 |
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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