301- 483 Faith Drive, Mississauga
Hurontario · Investor guide
$539,900
Estimated Value
$418,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Based on Hurontario neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to this stunning corner suite approximately 1,238 sq. ft. in the upscale Woods End Condominiums, a well-maintained low-rise building. This original-owner home has been meticulously cared for and is surrounded by mature trees, providing privacy along with desirable south and west facing exposures. The Building backs onto green space. The open-concept layout features spacious living, family and dining areas seamlessly connected to the kitchen-ideal for both everyday living and entertaining. The kitchen is equipped with granite countertops, pot lights, under-mount lighting, stainless steel appliances and a centre island. The dining area features a walk-out to a private balcony with a gas line for BBQs. All electric blinds are conveniently operated by remote. The suite includes two generously sized bedrooms and two bathrooms. The primary bedroom features a walk-in closet and a 4-piece ensuite with a separate shower and bathtub. The second bathroom is a 3-piece. Additional highlights include two side-by-side parking spaces located steps to the entrance and one large locker. Building amenities include concierge/security services, visitor parking, guest suites, a party/meeting room and an exercise room. Ideally located near public transit, shops, greenbelt and conservation areas, recreation centres, golf and parks. A must-see home in a highly desirable community-don't miss your opportunity to make it yours! Some photos are virtually staged.
MississaugaInvestor.ca
301- 483 Faith Drive
Condo Apartment · 2bd/2ba · ~1,300 sqft
$539,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.98%
Monthly Cash Flow
-$2,042/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-20.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$2,485 |
| Property Tax | −$378 |
| Insurance | −$225 |
| Condo Fee | −$1,329 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$2,042/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$4,535 |
| Insurance | −$2,700 |
| Condo Fee | −$15,948 |
| Annual NOI | $5,317 |
| Cap Rate | 0.98% |
Cash Required to Close
| Down Payment (20%) | $107,980 |
| Ontario Land Transfer Tax | $7,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,253 |
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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