514- 2121 Roche Court, Mississauga
Sheridan · Investor guide
$499,000
Estimated Value
$540,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP - SUMMIT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,150/mo
Based on Sheridan neighbourhood rental data for 3-bed Condo Apartment
Remarks
Welcome to this spacious and beautifully maintained 3 bedroom, 2 bathroom condo offering over 1,000 sqft of comfortable living space. Featuring a bright open concept living and dining area, this home is perfect for both everyday living and entertaining. Step out from the living room onto your private balcony - an ideal spot to enjoy your morning coffee or unwind after a long day. The updated kitchen offers modern finishes and plenty of space for meal preparation. With generously sized bedrooms, two full bathrooms, and a functional layout, this move in ready condo is an excellent opportunity for first time buyers, growing families or investors alike.
MississaugaInvestor.ca
514- 2121 Roche Court
Condo Apartment · 3bd/2ba · ~1,100 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.78%
Monthly Cash Flow
-$724/mo
Estimated Rent
$3,150/mo
Cash-on-Cash
-7.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,150 |
| Mortgage | −$2,297 |
| Property Tax | −$349 |
| Insurance | −$225 |
| Condo Fee | −$845 |
| Vacancy (5%) | −$158 |
| Cash Flow | -$724/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,800 |
| Vacancy (5%) | −$1,890 |
| Property Tax | −$4,192 |
| Insurance | −$2,700 |
| Condo Fee | −$10,140 |
| Annual NOI | $18,878 |
| Cap Rate | 3.78% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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