
1114- 155 Hillcrest Avenue, Mississauga
Cooksville · Investor guide
$379,900
Estimated Value
$426,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Based on Cooksville neighbourhood rental data for 2-bed Condo Apartment
Remarks
Some properties are purchased not only for what they are today, but for the story they can begin to tell tomorrow. This condo at 1114 - 155 Hillcrest Ave, is one of those special opportunities: a home with an excellent location, abundant natural light, and the perfect potential to become something truly personal. The unit is vacant and well maintained, so it is move-in ready right away. At the same time, it offers the freedom to update, improve, and shape each space according to your own taste and vision. With approximately 940 sq. ft., the 1-bedroom + den + solarium layout offers impressive versatility, making it an ideal choice for first-time buyers, investors, or growing families. Large windows fill the home with natural light and a sense of openness, while the den and solarium create possibilities for a home office, second bedroom, family space, or creative corner. It is a home that invites you to imagine, build, and shape a new chapter with intention. Its location is another major highlight: just steps from Cooksville GO, and close to Square One, parks, schools, hospitals, and major routes. Here, convenience meets long-term value, offering a location that supports everyday living while holding strong future potential. If you are looking for a property with a solid foundation, an excellent location, and the real opportunity to make it your own, this is one worth seeing.
MississaugaInvestor.ca
1114- 155 Hillcrest Avenue
Condo Apartment · 2bd/1ba · ~950 sqft
$379,900
Cash-Flow Report · July 31, 2026
Cap Rate
4.17%
Monthly Cash Flow
-$430/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-6.21%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$1,749 |
| Property Tax | −$266 |
| Insurance | −$225 |
| Condo Fee | −$612 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$430/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$3,191 |
| Insurance | −$2,700 |
| Condo Fee | −$7,344 |
| Annual NOI | $15,835 |
| Cap Rate | 4.17% |
Cash Required to Close
| Down Payment (20%) | $75,980 |
| Ontario Land Transfer Tax | $4,174 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $83,154 |
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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