
701- 3939 Duke Of York Boulevard, Mississauga
City Centre · Investor guide
$499,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP QUANTUM REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
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 Apartment
Remarks
***Rarely offered,783 sq.ft spacious 1-Bedroom + 2 Dens + 2 Washrooms condominium apartment offers elevated urban living in the beautiful and iconic City Gate 1, ideally situated in the heart of premium downtown Mississauga.*** This stunning suite features breathtaking, unobstructed views of Celebration Square from both the living room and the spacious private balcony. *** This contemporary-designed suite offers a highly functional open-concept layout with soaring 9-foot ceilings.*** The fully renovated kitchen is thoughtfully designed with abundant storage space, quartz countertops, a breakfast bar, custom porcelain tile flooring, a backsplash, and built-in modern graphite stainless steel appliances.*** The spacious primary bedroom includes a 4-piece ensuite, generous his-and-hers closets, an additional freestanding mirrored closet, and floor-to-ceiling windows with beautiful views.*** A large open-concept den provides the perfect space for a home office or as a dining area for family gatherings and entertaining. A secondary, separate, and spacious enclosed den with a closet offers flexible space ideal for an additional "junior bedroom"*** Two bathrooms and a convenient walk-in laundry room complete this exceptional home.***Residents of City Gate 1 enjoy a professionally managed building with premium amenities including an indoor swimming pool, sauna, games room, exercise room, meeting room, party room, guest suites and 24-hour concierge and security, all within walking distance to Square One Shopping Centre, Celebration Square, Mississauga Central Library, Sheridan College, and the Living Arts Centre, as well as nearby parks, dining, entertainment, and public transit. ***Very reasonable Condo Fees include all utilities, parking, locker and common elements! ***Kitec free building!***
MississaugaInvestor.ca
701- 3939 Duke Of York Boulevard
Condo Apartment · 3bd/2ba · ~750 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.88%
Monthly Cash Flow
-$682/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-7.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,297 |
| Property Tax | −$349 |
| Insurance | −$225 |
| Condo Fee | −$613 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$682/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,192 |
| Insurance | −$2,700 |
| Condo Fee | −$7,356 |
| Annual NOI | $19,382 |
| Cap Rate | 3.88% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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