902- 810 Scollard Court, Mississauga
East Credit · Investor guide
$499,900
Estimated Value
$522,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SAGE REAL ESTATE LIMITED
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
$2,600/mo
Based on East Credit neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to Origin Evergreen. A fabulous lifestyle residence designed for comfort, and ease of living. This corner suite offers two generous bedrooms, two full bathrooms, and almost 1000sqft of comfortable living space. Large picture windows throughout invite abundant natural light throughout the day, while the open living and dining areas are perfect for nestling in or easy entertaining. The living and dining areas feature 2 walkouts onto the spacious wrap-around balcony, where you can enjoy the view while enjoying your morning coffee. The view from this suite overlooks a quiet, family-friendly neighbourhood. Residents enjoy 40,000 square feet of amenities including on-site restaurants and cafes that offer dining options just steps away, while spa and hairdressing services make it easy to enjoy a little pampering close to home. To help residents connect, the building offers two fully equipped fitness centres, an indoor saltwater pool, and a social games room complete with billiards and a bowling alley. For quieter moments, there is a welcoming library, an art studio and craft kitchen for creative pursuits, and a gardening centre for those who love tending to plants. Private seating areas and beautifully maintained gardens throughout the grounds provide peaceful places to relax, read, or connect with friends. This is truly adult lifestyle living at its finest-where thoughtful design, vibrant amenities, and a welcoming community come together to create a place that truly feels like home. Note: High speed Internet ($150 value), Cable, Gas,Water, Common Elements, Building Insurance and Parking are included in maintenance fees.
MississaugaInvestor.ca
902- 810 Scollard Court
Condo Apartment · 2bd/2ba · ~950 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.06%
Monthly Cash Flow
-$1,445/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-15.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,301 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$1,039 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$1,445/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$4,199 |
| Insurance | −$2,700 |
| Condo Fee | −$12,468 |
| Annual NOI | $10,273 |
| Cap Rate | 2.06% |
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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