The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to this spacious bungalow situated on a generous 50 ft. x 120 ft. lot in a convenient Mississauga. Featuring 6+1 bedrooms, 2 kitchens, and 4.5 bathrooms, this versatile property presents an excellent opportunity for investors seeking strong rental income and long-term potential. Currently generating over $7,000 in monthly rental income, this property offers an attractive opportunity for investors looking to add an income-producing asset to their portfolio. The main unit features six bedrooms, kitchen, living, dining area and a dedicated office, complemented by a spacious and functional layout. The basement offers a separate entrance, one additional bedroom, kitchen + den, and flexible living space. The property is well-suited for multi-generational living or rental purposes, subject to applicable regulations. Additional highlights include one garage parking space and a private driveway accommodating 2-3 vehicles. Conveniently located close to schools, shopping, public transit, and other essential amenities, this property combines income potential with everyday convenience. Whether you are an experienced investor or looking to expand your real estate portfolio, this property is an opportunity worth exploring. Don't miss your chance to own an income-generating property in Mississauga! Note: The owner and listing realtor make no representations or warranties regarding the retrofit status of the basement.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,739/mo
Mortgage (principal + interest)$3,288
Property taxFrom listing: $5,407/yr$451
Minimum $62,900 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$175,800
Ontario land transfer taxProvincial brackets, no first-time refund$14,055
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$192,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Mississauga has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
