1010- 33 Elm Drive, Mississauga
City Centre · Investor guide
$399,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX REAL ESTATE CENTRE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
10
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
Well Maintained Condo in the Heart of Mississauga City Centre With All Amenities and Low Maintenance Fees, Bright Spacious 1 Bedroom Plus Spacious Den which can be Used as Second Bedroom, Spacious Living Room, Good Size Kitchen with Pantry Room And 2 Full Washrooms. Big Balcony With Great View. Enjoy the Convenience from Square One, Close to 403, Celebration Square, Restaurants, New LRT Coming Soon. It has All Amenities like Indoor Swimming Pool, Gym, Party Room, Sauna, Yoga Room, Table Tennis, Pool, Fussball Room. One Parking and One Locker included.
MississaugaInvestor.ca
1010- 33 Elm Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.61%
Monthly Cash Flow
-$636/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-8.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$1,837 |
| Property Tax | −$279 |
| Insurance | −$225 |
| Condo Fee | −$575 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$636/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,352 |
| Insurance | −$2,700 |
| Condo Fee | −$6,900 |
| Annual NOI | $14,408 |
| Cap Rate | 3.61% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.