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Investment signal

$1,199,000

6978 ESTORIL ROAD

Beds

5

Baths

3

Sqft

Year

About this home

Client Remarks**Location Location**Over 150 K Spent On This Upgraded 3+2 Bdrm & 3 Wshrm Detached Raised Bunglow With Legal Finished Basement & Sep Ent. Open Concept Modern Dream Kitchen With Newer High End Ss Appliances & Tons Of Counter Space. Quartz Counters, Back Splash & Ss Under-mount Sink. Smooth Ceilings/Pot Lights, Open Concept Living/Dining With Fireplace & Walk Out To Deck. Legal 2 Bedroom Finished Bsmt With 3 Pc Washroom and separate laundry. Master Bedroom With 4 Pc Ensuite And Custom Closet, 2 Other Good Size Bedrooms. Property is currently used for AirBnb generating positive cash flow. (id:65958)

Subtype
Single Family
Architectural style
Raised bungalow
MLS#
W12905126
Area
MISSISSAUGA_(MEADOWVALE)
Negative cash flow ~$2,313/mo at these assumptions

Cash on cash

-11.57%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,435

Financing

Down payment$239,800
Loan amount$959,200
Mortgage$5,885/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$999
CapEx reserve$500
Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,885/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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