901- 4633 Glen Erin Drive, Mississauga
Central Erin Mills · Investor guide
$440,000
Estimated Value
$482,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS EDGE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
21
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Based on Central Erin Mills neighbourhood rental data for 1-bed Condo Apartment
Remarks
Step into this beautifully maintained, open-concept one-bedroom suite. Sun-drenched floor-to-ceiling windows brighten the space. Wide plank floors, granite countertops, and stainless steel appliances give it a modern edge. The suite features smooth 9-foot ceilings and in-suite laundry. A spacious balcony adds outdoor living space. The location is ideal. You're just steps from Erin Mills Town Centre, Walmart, schools, parks, public transit, Hwy403, and the GO Station. The University of Toronto Mississauga is only a 10-minute drive away. The building offers top-notch amenities. Enjoy a 24-hour concierge, indoor pool, party room with dining area, and outdoor terrace. There's also a full gym, yoga studio, steam rooms, and a luxury lounge.
MississaugaInvestor.ca
901- 4633 Glen Erin Drive
Condo Apartment · 1bd/1ba · ~650 sqft
$440,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.14%
Monthly Cash Flow
-$1,240/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-15.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,025 |
| Property Tax | −$308 |
| Insurance | −$225 |
| Condo Fee | −$629 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$1,240/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$3,696 |
| Insurance | −$2,700 |
| Condo Fee | −$7,548 |
| Annual NOI | $9,426 |
| Cap Rate | 2.14% |
Cash Required to Close
| Down Payment (20%) | $88,000 |
| Ontario Land Transfer Tax | $5,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $96,275 |
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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