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Investment signal

$845,000

2529 TRONDHEIM CRESCENT

Beds

Baths

Sqft

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Location

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About this home

Turn key Investment & First-Time Buyer Opportunity Legal Duplex with Strong Rental Income & Prime Location This rare semi-detached bungalow with 1100 sq ft upstairs and 700 sq ft lower unit, on a premium extra-wide pie-shaped lot is a perfect opportunity for both investors and first-time buyers. Featuring a legal duplex with two independent units, this property offers immediate cash flow and the chance to build equity in a high-demand, transit-accessible neighborhood. The newly renovated main floor unit includes 3 bright bedrooms, 1 bathroom, and a spacious living area with a new walk-out deck, ideal for home owner or tenant enjoyment, perfect for entertaining, gardening, or relaxing. The legal basement apartment, with its separate entrance, offers 1 bedroom, 1 bathroom, a full kitchen, separate laundry room, and open living space currently rented to a reliable tenant, generating strong rental income to offset your mortgage or boost returns. Future-proofed with a new furnace, air conditioner, and new underground pipes, this home ensures low maintenance and long-term profitability. Located within walking distance to parks, schools, and the Meadowvale GO Station, this property attracts quality tenants growing families or commuters. Whether you're seeking a hands-off, Income-generating investment with future growth potential or a smart starter home in a family-friendly neighborhood, this legal duplex delivers stability, versatility, and value. Dont miss this unique opportunity! 1100 sq ft upstairs + 700 sq ft legal lower (id:65958)

Subtype: Single Family
Architectural style: Raised bungalow
Structure: House
Community: Meadowvale
Common interest: Freehold
Lot dimensions: 24.1 x 177.1 FT
Bedrooms: 3 above grade, 1 below grade
Parking: 3 total
Stories: 1
On market: Apr 16, 2026
Status changed: Apr 16, 2026
Annual tax: $5,562.19
Photos: 37
MLS#: W13005846
Area: MISSISSAUGA_(MEADOWVALE)

Features and systems

Parking

Garage

Basement

Apartment in basementSeparate entranceN/AN/A

Appliances

DryerTwo stovesWindow CoveringsTwo WashersWater HeaterTwo Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

StuccoBrick Facing

Flooring

Vinyl

Foundation

Poured Concrete

Lot

In-Law Suite

Negative cash flow ~$1,657/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.77%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,969

Financing

Down payment$169,000

Loan amount$676,000

Mortgage$4,147/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$387

Insurance$80

Maintenance$704

CapEx reserve$352

Vacancy loss$211

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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mississauga (Meadowvale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,147/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 16, 2026.