
120 Canary Close, Brampton
Brampton
$1,650,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX OPTIMUM REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to 120 Canary Close, an exceptional 3,721 sq. ft. detached residence in Brampton's prestigious Credit Valley community. Built in 2015 and beautifully upgraded home offers 5+2 spacious bedrooms, 4.5 bathrooms above grade, a double-car garage and parking for up to 6 vehicles.The striking stone and stucco exterior features elegant pot lights, a fully interlocked driveway and a concrete backyard. A grand double-door entrance opens to an impressive main level showcasing smooth 9 ft ceilings, 8 ft doors, crown moulding, wainscotting, pot lights and California shutters throughout. The formal living and dining rooms provide sophisticated entertaining space, while the private office includes custom built-in cabinetry.The chef-inspired kitchen is complete with a large centre island, quartz countertops, marble backsplash, walk-in pantry, servery, stainless steel appliances, built-in 36-inch gas cooktop, built-in microwave and wall oven. The bright breakfast area offers a walkout to the large deck, while the open-concept family room features a custom accent wall and electric fireplace.The second level also offers 9 ft ceilings and convenient laundry facilities. The luxurious primary suite features double-door entry, his-and-hers walk-in closets and a spa-like 6-piece ensuite with double vanity. Bedrooms 2 and 3 share a Jack-and-Jill bathroom, while Bedrooms 4 and 5 share another Jack-and-Jill bathroom.The spacious walkout basement offers 2 additional bedrooms, a full bathroom, large recreation room, separate laundry and a private side entrance, providing outstanding potential for extended family or additional living space. A legal basement permit is already in hand, and the seller is willing to transfer it to the buyer. An outstanding opportunity combining luxury, functionality and exceptional space in one of Brampton's most desirable neighbourhoods.
MississaugaInvestor.ca
120 Canary Close
Detached · 7bd/5ba · ~4,250 sqft
$1,650,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.96%
Monthly Cash Flow
-$4,907/mo
Estimated Rent
$6,150/mo
Cash-on-Cash
-16.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$6,150 |
| Mortgage | −$7,595 |
| Property Tax | −$1,554 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,375 |
| Vacancy (5%) | −$308 |
| Cash Flow | -$4,907/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$73,800 |
| Vacancy (5%) | −$3,690 |
| Property Tax | −$18,645 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,500 |
| Annual NOI | $32,265 |
| Cap Rate | 1.96% |
Cash Required to Close
| Down Payment (20%) | $330,000 |
| Ontario Land Transfer Tax | $29,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $362,475 |
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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