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Investment signal

$1,300,000

2230 BRITANNIA ROAD W

Beds

4

Baths

4

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Discover a rare investment opportunity in the heart of Streetsville with this versatile and income-generating property at 2230 Britannia Road West. Situated on a generous 90 x 113 ft lot, this bungalow has been thoughtfully converted into four self-contained units, offering exceptional flexibility for investors or multi-generational living. Each unit features its own kitchen, living space, bedroom and 4-piece bathroom, providing comfort and privacy for tenants. A shared laundry area is conveniently located in the basement. The layout includes two units on the main floor and two in the basement, with the lower-level units benefiting from separate side entrances-enhancing accessibility and tenant independence. Currently generating over $5,000 in monthly rental income, this property presents a strong cash-flow opportunity with potential for further upside. Located in the highly sought-after Streetsville community, residents enjoy close proximity to top-rated schools, parks, community centres, shops, and restaurants. Commuters will appreciate the convenience of nearby Streetsville GO Station, as well as quick access to Highways 403 and 401. Strong rental income, a strategic location, and future growth potential combine to offer both immediate returns and long-term value. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Streetsville
Common interest
Freehold
Lot dimensions
90 x 113.7 FT
Bedrooms
2 above grade, 2 below grade
Parking
6 total
Stories
1
On market
Apr 18, 2026
Status changed
Apr 18, 2026
Annual tax
$7,567
Zoning
STR-R2
Photos
16
MLS#
W13015866
Area
MISSISSAUGA_(STREETSVILLE)

Features and systems

Parking

No Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Exterior

Brick

Flooring

TileLaminateCarpeted

Foundation

Poured Concrete

Community

Community Centre

Utilities

SewerElectricity

Security

Smoke Detectors
Negative cash flow ~$2,506/mo at these assumptions

Cash on cash

-11.57%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,138

Financing

Down payment$260,000
Loan amount$1,040,000
Mortgage$6,380/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$596
Insurance$80
Maintenance$1,083
CapEx reserve$542
Vacancy loss$325

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 (Streetsville). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,380/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 18, 2026.

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