
7- 4020 Parkside Village Drive, Mississauga
City Centre · Investor guide
$739,000
Estimated Value
$533,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX IMPERIAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Townhouse
Remarks
2,186 Sq. Ft. of Total Indoor & Outdoor Living Space! Offering 1,676 sq. ft. of interior living space, plus a 165 sq. ft. patio, 33 sq. ft. balcony, and an impressive 312 sq. ft. private rooftop terrace. Includes 2 underground parking spaces and a large private locker. Welcome to this beautifully renovated 3-bedroom, 3-bathroom, 3-storey townhome in the heart of Mississauga's vibrant Square One community. Featuring a premium park-facing exposure selected from the builder for added privacy and a spectacular private rooftop terrace with stunning urban views, this move-in-ready home perfectly blends style, comfort, and convenience. Updated in 2025 with fresh paint throughout, new wood flooring on all staircases and bedrooms, a smooth popcorn-free main floor ceiling, new pot lights in the living and dining areas, and a new Kitchenaid gas cooktop. Additional upgrades include a new washing machine (2026). The bright open-concept main level features 9-ft ceilings, oversized windows, spacious living and dining areas, and a modern kitchen with quartz countertops, stainless steel appliances, contemporary cabinetry, and laminate flooring.The spacious primary suite offers a spa-inspired ensuite, private balcony, and generous walk-in closet space. Two additional sun-filled bedrooms feature large windows and ample storage. Enjoy multiple private outdoor spaces, including the expansive rooftop terrace-perfect for entertaining, relaxing, dining, or taking in the city skyline. Located in a Walk Score of 90 neighbourhood, just steps to Square One Shopping Centre, Celebration Square, Sheridan College, Living Arts Centre, YMCA, library, City Hall, supermarkets, banks, MiWay Transit, the GO Terminal, and minutes to Highways 403, 407, 410 & 401. A rare opportunity to own an exceptional townhome with outstanding indoor and outdoor living in one of Mississauga's most desirable communities. Move in and enjoy-this is one you won't want to miss!
MississaugaInvestor.ca
7- 4020 Parkside Village Drive
Condo Townhouse · 3bd/3ba · ~1,700 sqft
$739,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.78%
Monthly Cash Flow
-$2,305/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-17.07%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$3,402 |
| Property Tax | −$517 |
| Insurance | −$225 |
| Condo Fee | −$963 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$2,305/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$6,208 |
| Insurance | −$2,700 |
| Condo Fee | −$11,556 |
| Annual NOI | $13,166 |
| Cap Rate | 1.78% |
Cash Required to Close
| Down Payment (20%) | $147,800 |
| Ontario Land Transfer Tax | $11,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $162,055 |
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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