
3701- 208 Enfield Place, Mississauga
City Centre · Investor guide
$398,500
Estimated Value
$325,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal Lepage Real Estate Associates, Larose Team
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Based on City Centre neighbourhood rental data for 1-bed Condo Apartment
Remarks
Elevate your everyday in this sky high showstopper! Rarely offered floor plan with the best views in the building (southeast). Perched on the 37th-floor this 651 sq ft sun-drenched suite stuns with unobstructed, panoramic sunrise views of Lake Ontario, CN Tower and Downtown skyline. Soaring 9-ft ceilings and fully renovated with all new appliance package including new washer/dryer, and brand new stainless steel kitchen appliances, granite counters, stylish refreshed white kitchen, new laminate floors, zebra blinds, and walk-outs to an open balcony from both the bedroom and living areas. Washroom features new vanity and faucet. Owned locker and one underground parking, Ensuite security panel. Steps to Square One, dining, parks (inc.Kariya Park), Sheridan and Mohawk Colleges and a short 10 minute drive to UTM and proximity to transit/major highways (401,403,QEW) . This one checks all the boxes and then some. Building offers lower maintenance fees and tons of amenities: pool/hot tub, sauna, gym, guest suites, EV car chargers, and a top floor rooftop penthouse lounge/party room with wrap around terraces.TURNKEY AND MOVE IN READY in highly walkable area! Pet/dog friendly building. Per management allows two pets per unit, NO WEIGHT RESTRICTION!
MississaugaInvestor.ca
3701- 208 Enfield Place
Condo Apartment · 1bd/1ba · ~650 sqft
$398,500
Cash-Flow Report · July 31, 2026
Cap Rate
2.21%
Monthly Cash Flow
-$1,100/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-15.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,834 |
| Property Tax | −$279 |
| Insurance | −$225 |
| Condo Fee | −$519 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,100/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,347 |
| Insurance | −$2,700 |
| Condo Fee | −$6,228 |
| Annual NOI | $8,815 |
| Cap Rate | 2.21% |
Cash Required to Close
| Down Payment (20%) | $79,700 |
| Ontario Land Transfer Tax | $4,453 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,153 |
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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