
905- 2929 Aquitaine Avenue, Mississauga
Meadowvale · Investor guide
$433,900
Estimated Value
$497,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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
$3,100/mo
Based on Meadowvale neighbourhood rental data for 3-bed Condo Apartment
Remarks
This affordable end-unit condo offers 1,080 sq ft of bright, comfortable living space with south - east unobstructed city view. The unit features an updated kitchen, newer flooring, and a flexible layout with two bedrooms plus a den that can easily serve as a third bedroom or home office. All utilities are included in the condo fees, covering hydro, heat, water, and Rogers cable, making monthly expenses simple and predictable. You'll also get two underground parking spaces and an ensuite storage room for added convenience. The location is hard to beat. It's directly across from Meadowvale Shopping Centre, so daily errands are quick and easy. You're also just a short walk to the Meadowvale Community Centre and Lake Aquitaine, where you can enjoy scenic trails and outdoor space. Highway 401 is easily accessible for commuting. The building is quiet, clean, and well managed, surrounded by mature trees. Common areas have been recently renovated, and residents enjoy amenities like an outdoor pool. tennis court, Gym and library. Property is being sold as is.
MississaugaInvestor.ca
905- 2929 Aquitaine Avenue
Condo Apartment · 3bd/2ba · ~1,100 sqft
$433,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.81%
Monthly Cash Flow
-$619/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-7.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$1,997 |
| Property Tax | −$304 |
| Insurance | −$225 |
| Condo Fee | −$1,038 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$619/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$3,645 |
| Insurance | −$2,700 |
| Condo Fee | −$12,456 |
| Annual NOI | $16,539 |
| Cap Rate | 3.81% |
Cash Required to Close
| Down Payment (20%) | $86,780 |
| Ontario Land Transfer Tax | $5,153 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $94,933 |
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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