
1102- 3120 Kirwin Avenue, Mississauga
Cooksville · Investor guide
$375,000
Estimated Value
$475,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
16
Price Drop
None
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
Discover exceptional value in this bright and spacious 3 bedroom, 2 bathroom condo, ideally located just minutes from Square One in the quiet, well-established Kirwin Place community. Enjoy southwest-facing views stretching toward Lake Ontario from your private balcony, while large windows fill the home with natural light throughout the day.The thoughtfully updated interior features a kitchen with contemporary cabinetry and stainless steel appliances, and a stone feature wall that adds warmth and character to the living space. Upgraded and beautiful engineered hardwood flooring enhances both comfort and style. Refreshed bathrooms, including a main bath with double vanity, add convenience. Three generously sized bedrooms provide flexibility for families, professionals, or those working from home. This unit also includes one underground parking space and one storage locker. Residents enjoy a fantastic selection of amenities, including an outdoor pool, fitness centre, and party room, along with easy access to parks, schools, shopping, restaurants, and public transit. Commuters will appreciate being just an 11-minute walk to Cooksville GO Station and the future Hurontario LRT. Additional upgrades include enhanced bedroom heating and added exterior wall insulation, offering improved year-round comfort. A fantastic opportunity to own a move-in ready home in one of Mississauga's most convenient locations.
MississaugaInvestor.ca
1102- 3120 Kirwin Avenue
Condo Apartment · 3bd/2ba · ~1,100 sqft
$375,000
Cash-Flow Report · July 31, 2026
Cap Rate
4.88%
Monthly Cash Flow
-$202/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-2.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$1,726 |
| Property Tax | −$263 |
| Insurance | −$225 |
| Condo Fee | −$933 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$202/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$3,150 |
| Insurance | −$2,700 |
| Condo Fee | −$11,196 |
| Annual NOI | $18,294 |
| Cap Rate | 4.88% |
Cash Required to Close
| Down Payment (20%) | $75,000 |
| Ontario Land Transfer Tax | $4,100 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $82,100 |
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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