517 Navigator Drive, Mississauga
Central Erin Mills · Investor guide
$1,199,000
Estimated Value
$1,220,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ACHIEVERS 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 Central Erin Mills neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully detached home in the highly sought-after Meadowvale Village community of Mississauga! This spacious home features 3 generously sized bedrooms, 3 updated washrooms, and a bright open-concept kitchen overlooking the combined living and dining area, creating the perfect space for family living and entertaining. The property also offers a double car garage and a fully finished 2-bedroom basement apartment with a separate entrance, full kitchen, and private washroom-ideal for extended family or excellent rental income potential. Situated in one of Mississauga's most desirable neighborhood, this home is conveniently located close to top-rated schools, parks, shopping, public transit, major highways (401, 407 & 410), and all essential amenities. A fantastic opportunity for families and investors alike!
MississaugaInvestor.ca
517 Navigator Drive
Detached · 5bd/4ba · ~1,750 sqft
$1,199,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.78%
Monthly Cash Flow
-$2,742/mo
Estimated Rent
$5,095/mo
Cash-on-Cash
-12.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,095 |
| Mortgage | −$5,519 |
| Property Tax | −$839 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$999 |
| Vacancy (5%) | −$255 |
| Cash Flow | -$2,742/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,140 |
| Vacancy (5%) | −$3,057 |
| Property Tax | −$10,072 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,990 |
| Annual NOI | $33,321 |
| Cap Rate | 2.78% |
Cash Required to Close
| Down Payment (20%) | $239,800 |
| Ontario Land Transfer Tax | $20,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,255 |
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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