3503- 3525 Kariya Drive, Mississauga
City Centre · Investor guide
$599,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by THE BEHAR GROUP REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Apartment
Remarks
Luxurious 2 Bedroom + Den, 2 Full Bath Suite In The Heart Of Mississauga Featuring Spectacular Unobstructed Views. Freshly Painted Throughout. Bright Open-Concept Layout With Floor-To-Ceiling Windows Providing Abundant Natural Light. Modern Kitchen With Stainless Steel Appliances And Granite Countertops. Spacious Living Area And Generous-Sized Bedrooms. Rare 2 Side-By-Side Parking Spaces Plus Locker. Enjoy Premium Building Amenities Including 24-Hour Concierge, Indoor Pool, Sauna, Fitness Centre, Guest Suites, Media Room, Games Room, Rooftop Garden And More. Prime Location Within Walking Distance To Square One, GO Transit, Central Library, Celebration Square, Civic Centre, YMCA, Parks, Schools, Restaurants And Entertainment. Convenient Access To Major Highways And The Upcoming Hurontario LRT Connecting Mississauga And Brampton. Exceptional Opportunity For End Users And Investors Alike.
MississaugaInvestor.ca
3503- 3525 Kariya Drive
Condo Apartment · 3bd/2ba · ~950 sqft
$599,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.72%
Monthly Cash Flow
-$1,400/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-12.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,757 |
| Property Tax | −$419 |
| Insurance | −$225 |
| Condo Fee | −$801 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$1,400/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$5,032 |
| Insurance | −$2,700 |
| Condo Fee | −$9,612 |
| Annual NOI | $16,286 |
| Cap Rate | 2.72% |
Cash Required to Close
| Down Payment (20%) | $119,800 |
| Ontario Land Transfer Tax | $8,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,255 |
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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