
801- 1615 Bloor Street, Mississauga
Applewood · Investor guide
$495,000
Estimated Value
$553,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by INTERNATIONAL REALTY FIRM, INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
4
Bathrooms
2
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,700/mo
Based on Applewood neighbourhood rental data for 4-bed Condo Apartment
Remarks
Spacious and move-in ready, this beautifully maintained condo offers a bright, functional layout with plenty of room for comfortable everyday living. ***The maintenance fee includes heat, hydro, water, building insurance, and common elements,*** making this property an excellent value with more predictable monthly expenses. This apartment features carpetfree flooring throughout and a bright, functional layout with a large living room, dining area and kitchen The spacious balcony provides additional room to relax and enjoy the outdoors. The thoughtfully designed kitchen is equipped with new appliances, a water purifier, improved exhaust ventilation, and practical storage features, including dedicated drawers for pots, pans, and lids.The unit also offers the convenience of in-suite laundry, eliminating the need to use the building's shared coin laundry facilities. A generously sized in-unit storage room with built-in shelving provides plenty of additional space for keeping household items neatly organized. There are three well-proportioned bedrooms, one full bathroom, and one powder room. The full bathroom features a walk-in shower and grab bars beside the toilet and inside the shower for added accessibility. Window coverings are included. The building also offers an internal antenna system that provides access to security camera views and more than 20 television channels. Conveniently located close to shopping, schools, parks, public transit, and everyday amenities, it also offers easy access to Kipling GO Station and Dixie GO Station. This spacious, well-cared-for condo is an excellent opportunity for buyers seeking a move-in-ready home with generous living space and maintenance fees that cover most major utilities.
MississaugaInvestor.ca
801- 1615 Bloor Street
Condo Apartment · 4bd/2ba · ~950 sqft
$495,000
Cash-Flow Report · July 31, 2026
Cap Rate
5.06%
Monthly Cash Flow
-$193/mo
Estimated Rent
$3,700/mo
Cash-on-Cash
-2.14%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,700 |
| Mortgage | −$2,278 |
| Property Tax | −$347 |
| Insurance | −$225 |
| Condo Fee | −$858 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$193/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,400 |
| Vacancy (5%) | −$2,220 |
| Property Tax | −$4,158 |
| Insurance | −$2,700 |
| Condo Fee | −$10,296 |
| Annual NOI | $25,026 |
| Cap Rate | 5.06% |
Cash Required to Close
| Down Payment (20%) | $99,000 |
| Ontario Land Transfer Tax | $6,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $108,375 |
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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