
128(28)- 370 Square One Drive, Mississauga
City Centre · Investor guide
$799,900
Estimated Value
$533,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by KW Living Realty
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
10
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
Located in one of the most desirable areas of Square One, this executive townhouse offers the perfect blend of comfort and sophistication. Situated as a corner unit in a quiet, well-maintained complex, this residence boasts 1,680 square feet of thoughtfully designed living space, complemented by a 303-square-foot patio and a spacious terrace accessible directly from the master bedroom. With 9-foot ceilings and recent renovations throughout, this carpet-free home features an open-concept layout that maximizes both light and flow. The interior is elevated by elegant hardwood staircases paired with sleek iron railings, adding a contemporary touch. The master bedroom is a true luxurious retreat, complete with a massive walk-in closet and an oversized 6-piece ensuite. A door opens onto the large terrace, where you can unwind with your favourite coffee while enjoying the gentle breeze and stunning sunrises. Convenience is key with dual entrances and easy hallway access to the elevator, parking, and locker. The unit comes with direct access to two parking spots. Residents also enjoy full access to premium condo amenities, including a fitness centre, basketball court, party room, and a unique "plant-it-yourself" vegetable garden. Perfectly positioned, this home is just a short walk to Sheridan College, the Civic Centre, the Library, and the Living Arts Centre. Steps away from Square One Shopping Centre, restaurants, entertainment venues, and public transit, and with quick access to Highways 403 and QEW, this property offers unmatched convenience. More than just a place to live-this is a lifestyle.
MississaugaInvestor.ca
128(28)- 370 Square One Drive
Condo Townhouse · 3bd/3ba · ~1,700 sqft
$799,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.41%
Monthly Cash Flow
-$2,742/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-18.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$3,682 |
| Property Tax | −$560 |
| Insurance | −$225 |
| Condo Fee | −$1,077 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$2,742/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$6,719 |
| Insurance | −$2,700 |
| Condo Fee | −$12,924 |
| Annual NOI | $11,287 |
| Cap Rate | 1.41% |
Cash Required to Close
| Down Payment (20%) | $159,980 |
| Ontario Land Transfer Tax | $12,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,453 |
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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