
1210- 395 Square One Drive, Mississauga
City Centre · Investor guide
$606,900
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by THE DANIELS REALTY CORPORATION
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
12
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
The Condominiums at Square One District (CASOD) by Daniels & Oxford is situated in a prime location in the heart of Mississauga City Centre. The Upscale Model, a brand new, never lived-in 2 bedroom, 2 bathroom suite offers 830 sq.ft. of interior space and 38 sq.ft. balcony. This is a brand new unit that is eligible for the newly announced government HST rebate program. One parking spot included! Just a quick walk to the Square One Shopping Centre, Sheridan College, public transportation and many local amenities, CASOD offers the ultimate in convenience with easy access to Mississauga Transit, GO Transit, Highways 401, 403 and 407. Designed for urban living, the best-in-class amenities include a fitness centre with half court gymnasium, climbing wall and dry sauna, a co-working zone with spaces for group brainstorming sessions or private phone calls, community garden plots with a garden prep studio, lounge with connecting outdoor terrace, dining studio with catering kitchen as well as indoor and outdoor kids zones complete with craft studio, homework space, activity zone and toddler area. Custom designed contemporary kitchen cabinetry with integrated under cabinet valence lighting and soft-close hardware and custom designed bathroom vanity and countertops. Hydro and water is metered separately.
MississaugaInvestor.ca
1210- 395 Square One Drive
Condo Apartment · 2bd/2ba · ~850 sqft
$606,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.16%
Monthly Cash Flow
-$1,700/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-15.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,793 |
| Property Tax | −$425 |
| Insurance | −$225 |
| Condo Fee | −$537 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,700/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$5,098 |
| Insurance | −$2,700 |
| Condo Fee | −$6,444 |
| Annual NOI | $13,118 |
| Cap Rate | 2.16% |
Cash Required to Close
| Down Payment (20%) | $121,380 |
| Ontario Land Transfer Tax | $8,613 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $132,993 |
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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