
5 Cortina Crescent, Hamilton
Hamilton
$814,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 MILLER REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
37
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Incredible opportunity to own a well-cared-for family home on the Niagara Escarpment in one of Rosedale's most sought-after locations. Spacious 2-storey home set on quiet Cortina Crescent with beautiful escarpment views. Lovingly maintained by the original owners since 1969 and built by reputable DiCenzo Homes, this home offers a functional layout with generous principal rooms. Bright formal living room with hardwood flooring under carpet, and customized wood bookshelves, professionally designed for easy removal without damage and a welcoming family room featuring a gas fireplace (as-is), pot lights, crown moulding, skylights, and walk-out to a large private backyard with mature trees (professionally pruned 2025), perennial gardens, shed, and gas BBQ line. The kitchen features newer stainless-steel fridge and dishwasher, along with pot lights and crown moulding. The updated main floor powder room adds convenience and completes the main level. The upper level offers four spacious, carpet-free bedrooms and an updated 4-piece bath. The partially finished basement features a separate entrance with in-law suite potential, a large rec room, large windows, laundry with newer washer and dryer, and waterproofing completed at the north and rear corner with an updated access door. Concrete double driveway and single garage with inside access. Ideally located steps to the Bruce Trail, Escarpment Rail Trail and Uli's Stairs, offering incredible hiking and outdoor access. Walking distance to schools, parks, Rosedale outdoor pool and Rosedale Recreation Centre, close to King's Forest Golf Club and with quick access to the Red Hill Valley Parkway and QEW. Furnace and A/C replaced in 2014 and regularly maintained, with updated windows and doors.
MississaugaInvestor.ca
5 Cortina Crescent
Detached · 4bd/2ba · ~2,250 sqft
$814,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.85%
Monthly Cash Flow
-$1,816/mo
Estimated Rent
$3,890/mo
Cash-on-Cash
-12.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,890 |
| Mortgage | −$3,751 |
| Property Tax | −$856 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$679 |
| Vacancy (5%) | −$195 |
| Cash Flow | -$1,816/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$46,680 |
| Vacancy (5%) | −$2,334 |
| Property Tax | −$10,268 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,149 |
| Annual NOI | $23,229 |
| Cap Rate | 2.85% |
Cash Required to Close
| Down Payment (20%) | $162,980 |
| Ontario Land Transfer Tax | $12,773 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $178,753 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.