
2- 1020 Central Park Drive, Brampton
Brampton
$475,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
49
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Meticulously Maintained 3-Bedroom Townhome. Stop renting and start owning! Welcome to 1020 Central Park Drive Unit #2, a bright, spacious, and well maintained townhome nestled in a highly desirable, family-friendly community. Available on the market for the very first time, this home has been lovingly cared for by its original owner for 50 years-offering a great opportunity for first-time home buyers to plant their roots.The main level boasts an inviting, open-concept living and dining area, anchored by a large bay window that floods the entire space with natural light. The functional kitchen features a breakfast area with walk-out to the backyard, complemented by a convenient 2-piece powder room perfect for guests.Upstairs, you will find three generously sized bedrooms, each offering plenty of storage space, alongside a clean 4-piece family bathroom. Enjoy summer days in your private, fully fenced backyard, and appreciate the ultimate convenience of having your assigned parking space right behind your back gate.Great location within walking distance to multiple schools (Grenoble PS, Greenbriar Sr PS, Chingacousy SS, Melody Village Jr), bus stops, Greenbriar Recreation Centre, parks, shopping, and more. Fantastic value in the maintenance fees, which covers Water, Bell High Speed Fibe internet, cable TV, landscaping, snow removal, exterior home maintenance (windows, doors, roof, etc), building insurance, access to the outdoor pool, parkette, visitor parking, and more! Recent Updates include: Roof (2022), New attic insulation (2025), New washing machine (2025). Don't miss out on making this beloved house your next home.
MississaugaInvestor.ca
2- 1020 Central Park Drive
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$475,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.54%
Monthly Cash Flow
-$1,576/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-18.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,186 |
| Property Tax | −$447 |
| Insurance | −$225 |
| Condo Fee | −$855 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,576/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$5,368 |
| Insurance | −$2,700 |
| Condo Fee | −$10,260 |
| Annual NOI | $7,322 |
| Cap Rate | 1.54% |
Cash Required to Close
| Down Payment (20%) | $95,000 |
| Ontario Land Transfer Tax | $5,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $103,975 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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