
18- 35 Ceremonial Drive, Mississauga
Hurontario · Investor guide
$799,888
Estimated Value
$658,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Hurontario neighbourhood rental data for 4-bed Condo Townhouse
Remarks
Mississauga Prime Location in a highly sought-after and high-demand area! Welcome to 35 Ceremonial Dr. Unit 18- a Beautifully Renovated 2-storey Condo Townhouse offering over 2,100sq. ft. of bright and functional living space. This stunning home features 3 spacious Bedrooms and 3 Washrooms with an open-concept main floor layout showcasing engineered laminate flooring, pot lights, and a combined living and dining area with a walkout to the backyard through sliding doors. The Upgraded Kitchen boasts Quartz Countertops, extended cabinetry, and a breakfast area with a charming bay window. The second floor offers a large primary bedroom complete with a walk-in closet and a 4-piece ensuite bathroom. Two additional generously sized bedrooms are bright and spacious, complemented by a convenient common 4-piece bathroom. Engineered laminate flooring continues throughout the upper level. Extensively renovated throughout, this home also features a roof replaced in 2023 and recently updated upper windows. Situated in a quiet family-friendly neighborhood within the highly regarded St.Francis Xavier High School district and excellent elementary school catchments. Steps to public transit on Hurontario GO Transit at Square One and Crooksville, parks including the popular Fairwinds "Spaceship" Park, shopping including Oceans Fresh Market, and all major amenities. Minutes to Highways 401, 403, 410, and QEW for easy commuting. Abundant visitor parking and low maintenance fees make this an ideal, worry-free family home in the heart of Central Mississauga! Show to your Clients with Full Confidence!!
MississaugaInvestor.ca
18- 35 Ceremonial Drive
Condo Townhouse · 4bd/3ba · ~1,500 sqft
$799,888
Cash-Flow Report · July 31, 2026
Cap Rate
2.69%
Monthly Cash Flow
-$1,888/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-12.91%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$3,682 |
| Property Tax | −$560 |
| Insurance | −$225 |
| Condo Fee | −$366 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$1,888/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$6,719 |
| Insurance | −$2,700 |
| Condo Fee | −$4,392 |
| Annual NOI | $21,529 |
| Cap Rate | 2.69% |
Cash Required to Close
| Down Payment (20%) | $159,977.6 |
| Ontario Land Transfer Tax | $12,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,450.6 |
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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