3409- 3883 Quartz Road, Mississauga
City Centre · Investor guide
$499,900
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by MASTER`S TRUST REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
19
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Luxury Mcity2 Condo unit with 2 Bedrooms plus Media Space and 1 Washroom. Southwest Sun-Filled Open Concept Design. 9Ft Smooth Finished Ceiling. Close Proximity To Public Transits, Major Highways (401, 403, QEW), Square One Shopping Centre, T&T Super Market, Whole Foods Markets, Wholesale Club, and Other Landmarks such as Marilyn Monroe Towers, Central Library, Art Gallery of Mississauga, Celebration Square, etc.. A 24 hrs Concierge, and Enjoy world-class building amenities, including a resort-style outdoor pool, rooftop skating rink, state-of-the-art fitness Centre. Extra: Quartz Countertops, Built In Fridge, Dish Washer, Stainless Steel Stove, Microwave and A Stacked Combination Washer And Dryer (White), and Windows Rolling Blinds.
MississaugaInvestor.ca
3409- 3883 Quartz Road
Condo Apartment · 2bd/1ba · ~750 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.83%
Monthly Cash Flow
-$1,121/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-12.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,301 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$525 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,121/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$4,199 |
| Insurance | −$2,700 |
| Condo Fee | −$6,300 |
| Annual NOI | $14,161 |
| Cap Rate | 2.83% |
Cash Required to Close
| Down Payment (20%) | $99,980 |
| Ontario Land Transfer Tax | $6,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,453 |
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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