2006- 4090 Living Arts Drive, Mississauga
City Centre · Investor guide
$539,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by CENTRAL CAPITAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
11
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
Spacious 2 Bedrooms, 2 Bathrooms and 2 Balconies Condo On 20th Floor In The Heart Of Mississauga Downtown with Bright And Spectacular Views.One Underground Parking And One Locker, Modern and upgraded Kitchen with Newly installed Quartz Countertop and Kitchen Appliances. Unit Is Freshly Painted.Spacious Bedrooms with Laminated Floors, Short Walk Distance To Square One, Sheridan College, Many Restaurants...Close to Major Highways. Just Move In & Enjoy! Quick Closing Possible
MississaugaInvestor.ca
2006- 4090 Living Arts Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$539,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.13%
Monthly Cash Flow
-$1,524/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-15.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,481 |
| Property Tax | −$377 |
| Insurance | −$225 |
| Condo Fee | −$721 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,524/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$4,528 |
| Insurance | −$2,700 |
| Condo Fee | −$8,652 |
| Annual NOI | $11,480 |
| Cap Rate | 2.13% |
Cash Required to Close
| Down Payment (20%) | $107,800 |
| Ontario Land Transfer Tax | $7,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,055 |
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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