
1102- 1035 Southdown Road, Mississauga
Clarkson · Investor guide
$949,000
Estimated Value
$651,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HODGINS REALTY GROUP INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Based on Clarkson neighbourhood rental data for 3-bed Condo Apartment
Remarks
BUILDER'S FINAL RELEASE! Magnificently curated Modern 2 Bedroom + Den. Enjoy this brand new 11th floor approx 1450 sqft of living space + 224 sqft balcony , designed with modern elegance, the unit features 9-foot ceilings, floor to ceiling windows with an abundance of natural light and premium upgrades throughout. The contemporary kitchen is outfitted with stainless steel full-sized appliances, convenient central island for bar seating and ample storage, sleek quartz countertops. The primary bedroom offers ample storage space with a large Walk-in Closet and large double built in closet, a 4pc ensuite. The versatile den offers the perfect setting for a home office or creative studio. S2 is designed with cutting-edge features, incorporating smart technology both inside and out. Residents enjoy modern conveniences such as a state-of-the-art fitness retreat complete with showers, lockers, and a sauna, an indoor pool, a multipurpose room, a pet spa, guest suites, and 24-hour concierge service for seamless living. The iconic rooftop patio and Sky Club lounge provide a spectacular setting with breathtaking city and lake views, along with an outdoor terrace featuring patio seating and BBQs, perfect for relaxation and social gatherings. Perfectly positioned at Lakeshore Rd & Southdown Rd, you're within a short walking distance to Clarkson GO Station, grocery stores, restaurants, banking, and boutique shopping. Enjoy lakeside living with scenic waterfront trails, parks, and the renowned Rattray Marsh Conservation Area just minutes away. *Photos used are for a different identical unit *
MississaugaInvestor.ca
1102- 1035 Southdown Road
Condo Apartment · 3bd/2ba · ~1,500 sqft
$949,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.34%
Monthly Cash Flow
-$3,307/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-19.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$4,368 |
| Property Tax | −$664 |
| Insurance | −$225 |
| Condo Fee | −$1,232 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$3,307/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$7,972 |
| Insurance | −$2,700 |
| Condo Fee | −$14,784 |
| Annual NOI | $12,734 |
| Cap Rate | 1.34% |
Cash Required to Close
| Down Payment (20%) | $189,800 |
| Ontario Land Transfer Tax | $15,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $208,255 |
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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