
1510- 1400 Dixie Road, Mississauga
Lakeview · Investor guide
$1,850,000
Estimated Value
$708,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
4
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,400/mo
Based on Lakeview neighbourhood rental data for 3-bed Condo Apartment
Remarks
Beautifully renovated penthouse residence at the prestigious Fairways, distinguished by an estate-sized private terrace with multiple outdoor living and entertaining areas, panoramic city skyline views, and sweeping vistas over both the Toronto Golf Club and Lakeview Golf Course. Complete with two premium side-by-side parking spaces and a locker, this exceptional residence offers the comfort of a home with the ease of full-service condominium living. Thoughtfully redesigned throughout, this light-filled residence is surrounded by expansive windows that capture spectacular views while offering exceptional privacy. Wide-plank hardwood floors flow throughout the elegant living spaces, centred around a stunning custom chef's kitchen with quartz countertops, premium stainless steel appliances, a large centre island with two built-in wine fridges, abundant storage, and a breakfast area overlooking the terrace. The spacious dining room, complete with custom built-in cabinetry, is ideal for entertaining, while the inviting living room features an electric fireplace and walkout to the spectacular terrace. The luxurious primary retreat offers a beautifully renovated spa-inspired ensuite, a wall of custom closets, and a dedicated home office. Privately located on the opposite level, the second bedroom enjoys its own beautifully renovated full bathroom, while the adjacent den features a stylish wet bar with sink and bar fridge, creating an ideal guest suite or private retreat. Residents enjoy 24-hour concierge and security, outdoor pool, tennis, pickleball and shuffleboard courts, putting green, fitness centre, library, woodworking studio, BBQ areas, and the historic McMaster House. Maintenance fees include heat, hydro, water, cable TV, high-speed internet, and building insurance. A rare turnkey opportunity for discerning buyers. This is downsizing without compromise.
MississaugaInvestor.ca
1510- 1400 Dixie Road
Condo Apartment · 3bd/4ba · ~2,375 sqft
$1,850,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.31%
Monthly Cash Flow
-$8,991/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-26.54%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$8,515 |
| Property Tax | −$1,295 |
| Insurance | −$225 |
| Condo Fee | −$2,186 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$8,991/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$15,540 |
| Insurance | −$2,700 |
| Condo Fee | −$26,232 |
| Annual NOI | $-5,712 |
| Cap Rate | -0.31% |
Cash Required to Close
| Down Payment (20%) | $370,000 |
| Ontario Land Transfer Tax | $33,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $406,475 |
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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