708- 335 Webb Drive, Mississauga
City Centre · Investor guide
$519,900
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
9
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
Welcome to The Monarchy, offering approximately 1,050 sq. ft. of bright, functional living space with a desirable split-bedroom layout plus a versatile den-perfect for a home office or additional living space. This well-maintained suite includes 6 appliances, all existing electrical light fixtures, window coverings, and new laminate flooring throughout the living room, dining room, and den.Enjoy an exceptional lifestyle with outstanding building amenities, including 24-hour security, tennis and squash courts, and beautifully maintained common areas. Conveniently located just steps to Square One Shopping Centre, the Living Arts Centre, restaurants, transit, and everyday amenities, with quick access to major highways for an easy commute. An excellent opportunity to own in one of Mississauga's most sought-after communities.
MississaugaInvestor.ca
708- 335 Webb Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$519,900
Cash-Flow Report · July 31, 2026
Cap Rate
3.5%
Monthly Cash Flow
-$876/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-9.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,393 |
| Property Tax | −$364 |
| Insurance | −$225 |
| Condo Fee | −$696 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$876/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,367 |
| Insurance | −$2,700 |
| Condo Fee | −$8,352 |
| Annual NOI | $18,211 |
| Cap Rate | 3.5% |
Cash Required to Close
| Down Payment (20%) | $103,980 |
| Ontario Land Transfer Tax | $6,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $113,853 |
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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