
1109- 135 Hillcrest Avenue, Mississauga
Cooksville · Investor guide
$455,000
Estimated Value
$475,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
1
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Cooksville neighbourhood rental data for 3-bed Condo Apartment
Remarks
Welcome to this bright and spacious 2-bedroom condo offering over 900 sq. ft. of comfortable living space in the heart of Mississauga. This well-maintained unit features a functional open-concept layout, an enclosed solarium perfect for a home office, reading area, or additional living space, an updated bathroom, and a refreshed kitchen with modern finishes. Enjoy amazing views and an abundance of natural light throughout the unit. The home also includes a new full-size washer and dryer and one underground parking space. Residents enjoy exceptional building amenities including 24-hour concierge/security, a fully equipped fitness centre, tennis and squash courts, party room, billiards and table tennis room, theatre/games room, and visitor parking. Ideally located just steps to Cooksville GO Station and the future Hurontario LRT, with quick access to Square One Shopping Centre, Trillium Health Partners - Mississauga Hospital, top-rated schools, parks, library, places of worship, restaurants, shopping, and major highways. Low maintenance fees include heat, air conditioning, and water, making this an outstanding opportunity for first-time buyers, downsizers, or investors. Move in and enjoy!
MississaugaInvestor.ca
1109- 135 Hillcrest Avenue
Condo Apartment · 3bd/1ba · ~950 sqft
$455,000
Cash-Flow Report · August 1, 2026
Cap Rate
5.06%
Monthly Cash Flow
-$176/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-2.12%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,094 |
| Property Tax | −$319 |
| Insurance | −$225 |
| Condo Fee | −$483 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$176/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$3,822 |
| Insurance | −$2,700 |
| Condo Fee | −$5,796 |
| Annual NOI | $23,022 |
| Cap Rate | 5.06% |
Cash Required to Close
| Down Payment (20%) | $91,000 |
| Ontario Land Transfer Tax | $5,575 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $99,575 |
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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