
313- 3975 Grand Park Drive, Mississauga
City Centre · Investor guide
$674,888
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RANEX REALTY GROUP INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
16
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to this stunning, freshly cleaned 2-bedroom corner suite, thoughtfully upgraded and designed to impress. Bathed in natural light from expansive wraparound windows, this exceptional residence offers an airy, open-concept layout with premium finishes throughout. Elegant upgraded lighting enhances every room, while the spacious primary retreat features a custom walk-in closet and a beautifully upgraded spa-inspired ensuite with a sleek stand-up glass shower. Step outside to your spectacular 219 sq. ft. private terrace-an exceptional extension of your living space, perfect for entertaining, relaxing, or enjoying breathtaking sunsets. The custom tiled foyer and kitchen add a sophisticated touch, complemented by a generous laundry room offering outstanding convenience and storage. Ideally positioned above the lobby, this suite provides enhanced privacy with unobstructed views and no units directly below. Complete with an oversized, private parking space conveniently located beside the elevator and a storage locker on the same floor, this remarkable home delivers the perfect blend of luxury, comfort, and everyday convenience. DONT MISS THIS GEM!
MississaugaInvestor.ca
313- 3975 Grand Park Drive
Condo Apartment · 2bd/2ba · ~850 sqft
$674,888
Cash-Flow Report · July 31, 2026
Cap Rate
1.46%
Monthly Cash Flow
-$2,286/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-18.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$3,106 |
| Property Tax | −$472 |
| Insurance | −$225 |
| Condo Fee | −$763 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$2,286/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$5,669 |
| Insurance | −$2,700 |
| Condo Fee | −$9,156 |
| Annual NOI | $9,835 |
| Cap Rate | 1.46% |
Cash Required to Close
| Down Payment (20%) | $134,977.6 |
| Ontario Land Transfer Tax | $9,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $147,950.6 |
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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