
505- 3 Dayspring Circle, Brampton
Brampton
$669,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOUSESIGMA INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
41
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Penthouse 505 - where luxury, comfort, and breathtaking views come together. Don't forget your sunglasses between the sunshine and the views, you'll be dazzled from the moment you walk in. This sun-filled, top-floor corner suite offers an impressive 1,636 sq. ft. of beautifully designed living space with almost 10-feet ceilings and unobstructed west, north, and south exposures. Mega Living Room/Family Room With Gas Fireplace & TWO Large Terrace/Balcony Over looking the City! Fully laid out with 2 spacious Bedrooms plus a versatile Den, the home features distinct living, dining, and Mega breakfast areas, along with a bright solarium perfect for reading, relaxing, or working from home. The heart of the home is the completely Renovated Kitchen, showcasing new custom cabinetry, stunning pure white Granite countertops, backsplash and top-of-the-line stainless steel appliances, all backed by warranty for added peace of mind. New Engineered laminate flooring flows seamlessly throughout the suite, while one of the Bathrooms has been tastefully upgraded with modern finishes. Retreat to the oversized primary bedroom featuring a private balcony, his-and-hers closets, and a spacious ensuite with double sinks. Enjoy exceptional storage with 2 lockers, including an oversized locker approximately 9'x9'. Situated in a quiet, well-maintained building, this rare upgraded penthouse opportunity offers the perfect blend of space, style, and functionality. Additional parking is available for rent within the building (approximately $60/month). The building is exceptionally clean, well-managed, and perfect for someone that is looking to Downsize or RightSize and still having the feeling of a house. Ideally located just minutes to Bramalea City Centre, parks, schools, public transit, Highway 407, and only 15 minutes to Pearson International Airport. A rare opportunity to own a turnkey unit in a prime location-don't miss your chance to call this exceptional property home.
MississaugaInvestor.ca
505- 3 Dayspring Circle
Condo Apartment · 3bd/2ba · ~1,700 sqft
$669,000
Cash-Flow Report · August 2, 2026
Cap Rate
0.18%
Monthly Cash Flow
-$2,977/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-24.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$3,079 |
| Property Tax | −$630 |
| Insurance | −$225 |
| Condo Fee | −$1,370 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$2,977/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$7,560 |
| Insurance | −$2,700 |
| Condo Fee | −$16,440 |
| Annual NOI | $1,230 |
| Cap Rate | 0.18% |
Cash Required to Close
| Down Payment (20%) | $133,800 |
| Ontario Land Transfer Tax | $9,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $146,655 |
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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