
784 Galloway Crescent, Mississauga
Erindale · Investor guide
$1,098,000
Estimated Value
$1,129,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Based on Erindale neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Beautifully renovated detached home on a premium corner lot in a highly desirable Mississauga neighbourhood. Offering 1,892 sq. ft. above grade plus a finished basement, this home features 4 bedrooms and 4 renovated bathrooms (2026).The main level offers an open-concept living and dining area, an updated kitchen with stone countertops and new stainless steel appliances, a convenient powder room, and a separate family room above the garage. Upstairs features three spacious bedrooms, including a primary suite with a renovated ensuite, plus a fully updated main bathroom. The finished basement includes a separate entrance, large recreation room, fourth bedroom, full bathroom, and excellent potential for a future secondary suite. Extensive 2026 updates include new flooring, stairs, railings, paint, lighting, renovated bathrooms, newer windows, new backyard sliding door, new roof, furnace, A/C, and hot water tank. Enjoy a brand new deck overlooking the backyard, partial new fencing, a new garage door & opener, and parking for three vehicles. Ideally located minutes to Hwy 403, Square One Shopping Centre, T&T Supermarket, Deer Wood Park, MiWay transit, and highly regarded schools including Rick Hansen Secondary School. A fantastic opportunity to own a move-in ready home in asought-after family neighbourhood. This won't last!
MississaugaInvestor.ca
784 Galloway Crescent
Detached · 5bd/4ba · ~1,750 sqft
$1,098,000
Cash-Flow Report · August 1, 2026
Cap Rate
3.1%
Monthly Cash Flow
-$2,218/mo
Estimated Rent
$4,995/mo
Cash-on-Cash
-11.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,995 |
| Mortgage | −$5,054 |
| Property Tax | −$769 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$915 |
| Vacancy (5%) | −$250 |
| Cash Flow | -$2,218/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,940 |
| Vacancy (5%) | −$2,997 |
| Property Tax | −$9,223 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,980 |
| Annual NOI | $34,040 |
| Cap Rate | 3.1% |
Cash Required to Close
| Down Payment (20%) | $219,600 |
| Ontario Land Transfer Tax | $18,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,035 |
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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