Erindale Investment Guide
Steady MarketPrices, rents, yield, and cash flow for real estate investors in Erindale, Mississauga — updated for 2026.
$812K
Avg Price
+3%
Price YoY
52 days
Avg DOM
Medium
Inventory
4.5%
Rent Yield
6/10
Transit Score
7/10
School Score
No
LRT Corridor
Hamza's Take
“UTM proximity drives student rental demand. Undervalued relative to neighbours”
Estimated Market Rents in Erindale
| Bedrooms | Est. Monthly Rent |
|---|---|
| Bachelor | $1,800 |
| 1 Bedroom | $2,100 |
| 2 Bedroom | $2,700 |
| 3 Bedroom | $3,300 |
| 4 Bedroom | $3,900 |
| 5 Bedroom | $4,500 |
Calibrated from TRREB rental reports and public rental platforms, 2025–2026. Whole-house and property-type premiums apply — see model assumptions.
Sample Cash Flow: 3-Bed at the Erindale Average Price
A 3-bedroom detached home at the Erindale average of $812K with 20% down, a 4.89% five-year fixed mortgage, and 25-year amortization — the same assumptions used for every deal score on this site:
Negative as-is — typical for Mississauga at today’s rates. Deals that work here usually involve a basement suite, below-asking negotiation, or a larger down payment. This is an illustration at neighbourhood averages, not a projection for any specific property.
FAQ: Investing in Erindale
Is Erindale a good place to buy an investment property in 2026?
Erindale is currently a steady market with a 4.5% average rent yield, 52 days on market, and medium inventory. UTM proximity drives student rental demand. Undervalued relative to neighbours.
What is the average home price in Erindale, Mississauga?
The average price in Erindale is approximately $812K, up 3% year over year.
How much rent can an investment property in Erindale earn?
Estimated market rents in Erindale range from about $2,100/month for a 1-bedroom to $3,900/month for a 4-bedroom, based on TRREB rental data and public rental platforms.
Similar Neighbourhoods
Rathwood
$789K avg · 4.6% yield
Churchill Meadows
$843K avg · 4.7% yield
Applewood
$765K avg · 4.8% yield
Neighbourhood statistics are estimates compiled from TRREB market data and public sources, updated periodically. Cash flow figures are illustrative estimates, not financial advice or an appraisal. Hamza Nouman, Sales Representative, Cityscape Real Estate Ltd., Brokerage.