
9- 61 Ardglen Drive, Brampton
Brampton
$589,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Rare opportunity in sought-after Brampton East. This tastefully upgraded condo townhouse stands apart from every other unit in the complex. Dark hardwood floors, a sunken open-concept living and dining area, and a custom centre-island kitchen with breakfast bar deliver a lifestyle feel most buyers only find in freehold. The charming front garden with fish pond is your personal outdoor retreat. Fully finished basement offers genuine in-law suite or mortgage helper. All-brick exterior, new roof, new windows, custom built-ins throughout. 2 parking spots. This is the character home with the income story buyers in Brampton East are actively searching for.
MississaugaInvestor.ca
9- 61 Ardglen Drive
Condo Townhouse · 4bd/2ba · ~1,500 sqft
$589,900
Cash-Flow Report · August 1, 2026
Cap Rate
2.41%
Monthly Cash Flow
-$1,529/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-14.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,715 |
| Property Tax | −$556 |
| Insurance | −$225 |
| Condo Fee | −$550 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,529/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$6,666 |
| Insurance | −$2,700 |
| Condo Fee | −$6,600 |
| Annual NOI | $14,244 |
| Cap Rate | 2.41% |
Cash Required to Close
| Down Payment (20%) | $117,980 |
| Ontario Land Transfer Tax | $8,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $129,253 |
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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