1605- 135 Hillcrest Avenue, Mississauga
Cooksville · Investor guide
$462,500
Estimated Value
$475,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE CERTIFIED REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
1
Days on Market
17
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Cooksville neighbourhood rental data for 3-bed Condo Apartment
Remarks
Experience city living at its finest at this fully renovated ,bright and spacious apartment with amazing panoramic, unobstructed west views, convenient location, just a walk to cooksville go station, highways, shopping mall, great schools. Features A Large Bedroom + Den that is being used as a Second Bedroom. Solarium With Western Exposure With Unobstructed View. Freshly Painted, Low Maintenance. Laminate Flooring. Onsite Management And 24 Hr Security. This is one of the rare units which boasts of ****2 PARKING SPACES**** , Tennis court ,Squash court, Gym, TV room, Table Tennis ,sauna Billiards, visitor's parking and much much more !!!
MississaugaInvestor.ca
1605- 135 Hillcrest Avenue
Condo Apartment · 3bd/1ba · ~950 sqft
$462,500
Cash-Flow Report · July 31, 2026
Cap Rate
5.03%
Monthly Cash Flow
-$189/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-2.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,129 |
| Property Tax | −$324 |
| Insurance | −$225 |
| Condo Fee | −$456 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$189/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$3,885 |
| Insurance | −$2,700 |
| Condo Fee | −$5,472 |
| Annual NOI | $23,283 |
| Cap Rate | 5.03% |
Cash Required to Close
| Down Payment (20%) | $92,500 |
| Ontario Land Transfer Tax | $5,725 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $101,225 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.