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Investment signal

$1,199,000

6978 ESTORIL ROAD

Beds

Baths

Sqft

—

Year

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Location

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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
Structure: House
Community: Meadowvale
Common interest: Freehold
Lot dimensions: 55 x 110 FT
Bedrooms: 3 above grade, 2 below grade
Parking: 4 total
Stories: 1
Fireplace: Yes
On market: Mar 20, 2026
Status changed: Apr 14, 2026
Annual tax: $5,100
Photos: 41
MLS#: W12905126
Area: MISSISSAUGA_(MEADOWVALE)

Features and systems

Parking

Garage

Basement

Apartment in basementSeparate entranceN/AN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

WoodBrick

Flooring

HardwoodLaminate

Foundation

Block

Lot

Carpet Free

Utilities

SewerElectricityCable

Negative cash flow ~$2,313/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

-11.57%

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.

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 $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.