3859 Mcdowell Drive, Mississauga
Churchill Meadows · Investor guide
$1,499,900
Estimated Value
$1,263,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE VISION REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
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 Churchill Meadows neighbourhood rental data · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully renovated executive home in prime Churchill Meadows! Offering nearly 3,700 sq. ft. of finished living space, this residence perfectly balances modern luxury with functional living.The main level features a grand open-to-above foyer with a curved oak staircase, gleaming large-format tiles, upgraded hardwood, pot lights, and crown molding. The brand-new chef's kitchen and spa-inspired bathrooms add a touch of everyday luxury.Added bonus: a brand-new, legal 2-bedroom basement suite with a separate entrance-ideal for rental income or multi-generational living. Walk to top-rated schools, parks, community centers, and transit!
MississaugaInvestor.ca
3859 Mcdowell Drive
Detached · 6bd/4ba · ~2,750 sqft
$1,499,900
Cash-Flow Report · August 2, 2026
Cap Rate
1.81%
Monthly Cash Flow
-$4,636/mo
Estimated Rent
$5,045/mo
Cash-on-Cash
-16.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,045 |
| Mortgage | −$6,904 |
| Property Tax | −$1,050 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,250 |
| Vacancy (5%) | −$252 |
| Cash Flow | -$4,636/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,540 |
| Vacancy (5%) | −$3,027 |
| Property Tax | −$12,599 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,999 |
| Annual NOI | $27,215 |
| Cap Rate | 1.81% |
Cash Required to Close
| Down Payment (20%) | $299,980 |
| Ontario Land Transfer Tax | $26,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,453 |
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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