
307- 880 Dundas Street, Mississauga
Erindale · Investor guide
$642,800
Estimated Value
$479,000
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 EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Based on Erindale neighbourhood rental data for 2-bed Condo Apartment
Remarks
Some condos simply offer space. This one offers a lifestyle. 'Designer-like' updated bright corner suite offers perfect blend of house-sized living & low-maintenance convenience in one of Mississauga's most desirable communities. Perfectly positioned w/quiet exposure filled w natural light from expansive windows that frame lush, unobstructed treetop views, creating a peaceful retreat just minutes from everything. Spacious modern O/C layout ideal for everyday living & entertaining, w/smooth ceilings, wide-plank laminate flooring, 6" baseboards, pot lites & updated kitchen w quartz counters, S/S appl, wine fridge, breakfast bar & generous eat-in surrounded by windows. Oversized primary offers a true retreat with custom-built closets & beautifully updated ensuite. The 2nd bedrm is equally spacious, making it perfect for family, guests or a hm office. Both bathrms tastefully updated with timeless finishes. Storage has been thoughtfully maximized throughout w/custom built-in closet organizers, a built-in makeup area and a separate laundry room complete with built-in shelving. One of the biggest advantages of this home is the exceptional value offered through the main fees, which include heat, hydro, water, Rogers high-speed internet & cable, making monthly budgeting simple and predictable.The convenience continues with 2, side-by-side parking spaces ideally located directly outside the P2 entrance. Residents enjoy outstanding amenities including indoor lap pool, hot tub, exercise room, theatre room, party room, woodworking shop, car wash, beautifully maintained grounds & a guest suite for visiting family & friends. You're minutes from Port Credit, Erindale Park, Trillium Hospital, the University of TO Mississauga campus, shopping, public transit & quick access to Hwy 403, QEW and GO. Whether you're downsizing without compromising on space or looking for a family-friendly home that offers modern comfort, convenience & exceptional value, this is one you won't want to miss.
MississaugaInvestor.ca
307- 880 Dundas Street
Condo Apartment · 2bd/2ba · ~1,300 sqft
$642,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.28%
Monthly Cash Flow
-$2,808/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-23.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,959 |
| Property Tax | −$450 |
| Insurance | −$225 |
| Condo Fee | −$1,596 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,808/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$5,400 |
| Insurance | −$2,700 |
| Condo Fee | −$19,152 |
| Annual NOI | $1,818 |
| Cap Rate | 0.28% |
Cash Required to Close
| Down Payment (20%) | $128,560 |
| Ontario Land Transfer Tax | $9,331 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $140,891 |
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.