
3744 Althorpe Circle, Mississauga
Lisgar · Investor guide
$1,199,000
Estimated Value
$1,015,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,100/mo
Based on Lisgar neighbourhood rental data for 4-bed Detached
Remarks
Welcome to this bright and spacious detached home in the highly sought-after Lisgar community of Mississauga. Thoughtfully designed for comfortable family living, this well-maintained home offers 3+1 bedrooms, 4 bathrooms, and a functional layout featuring separate living and dining rooms, along with a spacious mid-level family room that can easily serve as a 4th bedroom. The functional kitchen is equipped with stainless steel appliances, a gas stove, breakfast bar, and a walk-out to the deck overlooking a private backyard. The primary bedroom features a walk-in closet with built-in organizers and a private 4-piece ensuite, while the additional bedrooms offer generous space, abundant natural light, and ample storage. Additional highlights include carpet-free flooring throughout, convenient main-floor laundry, direct garage access, and parking for up to 4 vehicles. The fully finished basement adds exceptional versatility with a spacious bedroom, a 3-piece bathroom, 2nd laundry, and a convenient kitchenette featuring a refrigerator, countertop, double sink, and cabinetry-ideal for extended family, guests, or additional living space. Ideally located just minutes from Lisgar GO Station, Highways 401 & 407, top-rated schools, parks, walking trails, grocery stores, and major shopping destinations, this home offers the perfect combination of space, comfort, and everyday convenience.
MississaugaInvestor.ca
3744 Althorpe Circle
Detached · 4bd/4ba · ~2,250 sqft
$1,199,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.83%
Monthly Cash Flow
-$3,687/mo
Estimated Rent
$4,100/mo
Cash-on-Cash
-16.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,100 |
| Mortgage | −$5,519 |
| Property Tax | −$839 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$999 |
| Vacancy (5%) | −$205 |
| Cash Flow | -$3,687/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$49,200 |
| Vacancy (5%) | −$2,460 |
| Property Tax | −$10,072 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,990 |
| Annual NOI | $21,978 |
| Cap Rate | 1.83% |
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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