
607- 50 Eglinton Avenue, Mississauga
Hurontario · Investor guide
$529,800
Estimated Value
$418,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Based on Hurontario neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to unit 607 at Esprit Condominiums at 50 Eglinton Avenue West! This bright corner suite offers breathtaking southwest exposure with stunning sunset views and approximately 1,250 square feet of well-designed living space. Featuring a spacious 2-bedroom, 2-bathroom layout, this home is filled with natural light through floor-to-ceiling windows and showcases a modern open-concept design ideal for both everyday living and entertaining. The updated kitchen includes wood countertop, ceramic tile backsplash, double sink, granite floor and a breakfast bar overlooking the dining area. Hardwood flooring runs throughout the unit, adding warmth and continuity. The generous primary bedroom features a walk-in closet and a private ensuite. The second bedroom is well-proportioned, featuring large windows and a mirrored closet. Additional highlights include two owned side-by-side parking spaces and an exclusive-use locker for added convenience. Residents enjoy access to an impressive selection of amenities, including 24-hour concierge, fitness centre, an indoor pool, whirlpool, sauna, party room, squash court, BBQ patio and much more. Bell internet included in monthly maintenance fee. Situated in a prime Mississauga location just minutes from Square One, restaurants, parks, major highways (401, 403, 410), and the future Hurontario LRT, this home offers exceptional value and connectivity.
MississaugaInvestor.ca
607- 50 Eglinton Avenue
Condo Apartment · 2bd/2ba · ~1,300 sqft
$529,800
Cash-Flow Report · July 31, 2026
Cap Rate
1.46%
Monthly Cash Flow
-$1,795/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-18.56%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$2,439 |
| Property Tax | −$371 |
| Insurance | −$225 |
| Condo Fee | −$1,135 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$1,795/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$4,450 |
| Insurance | −$2,700 |
| Condo Fee | −$13,620 |
| Annual NOI | $7,730 |
| Cap Rate | 1.46% |
Cash Required to Close
| Down Payment (20%) | $105,960 |
| Ontario Land Transfer Tax | $7,071 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $116,031 |
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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