2906- 4090 Living Arts Drive, Mississauga
City Centre · Investor guide
$499,999
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
19
Price Drop
None
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
Discover the perfect blend of comfort and style in this stunning 1 Bedroom + Den condo with soaring 9-foot ceilings with pot lights. The open-concept layout features a bright and spacious living room complete with a custom stone accent wall and a cozy fireplace ideal for relaxing evenings. The modern kitchen boasts sleek finishes and a custom stone breakfast bar, perfect for morning coffee or casual meals. Step out onto your private balcony and take in sweeping views of the city skyline and breathtaking sunsets. Located just minutes from Hwy 403, Square One Mall, the GO Station, and Mississauga City Centre, you'll also benefit from the convenience of the upcoming Hurontario LRT right around the corner. Daily errands are a breeze with Walmart, Food Basics, Rabba, YMCA, and countless dining options all nearby. Residents also enjoy access to fantastic building amenities, and as an added bonus, the condos exterior corridors are currently being refreshed with elegant new floor tiles and modern wallpaper enhancing both aesthetic appeal and long-term value. This is city living at its best!
MississaugaInvestor.ca
2906- 4090 Living Arts Drive
Condo Apartment · 2bd/1ba · ~650 sqft
$499,999
Cash-Flow Report · July 31, 2026
Cap Rate
-1493.54%
Monthly Cash Flow
-$624,608/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-6846.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,301 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$624,012 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$624,608/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$4,200 |
| Insurance | −$2,700 |
| Condo Fee | −$7,488,144 |
| Annual NOI | $-7,467,684 |
| Cap Rate | -1493.54% |
Cash Required to Close
| Down Payment (20%) | $99,999.8 |
| Ontario Land Transfer Tax | $6,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,474.8 |
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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