
1007- 810 Scollard Court, Mississauga
East Credit · Investor guide
$480,000
Estimated Value
$522,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Based on East Credit neighbourhood rental data for 2-bed Condo Apartment
Remarks
Bright And Spacious 1 Bedroom Plus Den Suite Offering Unobstructed West-Facing Views, Spectacular Sunsets And A Quiet Retreat Away From Road Noise. Featuring 9-Foot Ceilings, A Functional Open-Concept Layout, Double Mirrored Closet In Hallway. A Generous Kitchen With A Moveable Centre Island, Spacious And Deep Pull Out Pot Drawers, & Separate Dining Area For Excellent Functionality And Storage. A Versatile Den Ideal As A Home Office, Sitting Area, Or Potential Second Bedroom As A Door Can Be Added For Privacy. Recent Updates Include Fresh Paint Throughout, Brand New Oak Grey Vinyl Flooring (2026), Brand New Vevor Electric Stove Top With Sensor Touch Control And New HVAC Heat Pump Compressor Replaced In November 2024. Included With This Unit Is An Underground Parking Spot And Locker. Enjoy A Wide Range Of Truly Unique Amenities Including Two Fitness Centre's (Standard And Rehab), A Personal Spa With Very Reasonable Grooming Services, And A Garden Room For Plant Lovers To Bring Their Potting Messes To. There Is Also An Industrial Kitchen Available For Events And Additional Storage When You Are Entertaining And Need Dire Food Prep Space Or Temporary Storage. There Is Also A 5 Pin Bowling Alley, Movie Theatre With Popcorn, BBQ Access And Areas And Multiple Entertaining Spaces. Dining Meals Also Available At An Extra Cost When You Don't Feel Like Cooking. Additional Features Include An Indoor Pool And A Well Curated Library, Quiet Indoor And Outdoor Retreats, And An Optional Private Shuttle Service Throughout The GTA At A Low Cost. Centrally Located Just Steps To Everyday Conveniences, Major Retailers, Transit, Highways, Only Minutes From Square One And GO Bus. Please Note: This Is Not A Seniors Residence. It Is An Independent Condominium Building Located Adjacent To One, Which Is The Source Of The Confusion.
MississaugaInvestor.ca
1007- 810 Scollard Court
Condo Apartment · 2bd/1ba · ~750 sqft
$480,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.75%
Monthly Cash Flow
-$1,108/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-12.65%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,209 |
| Property Tax | −$336 |
| Insurance | −$225 |
| Condo Fee | −$808 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$1,108/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$4,032 |
| Insurance | −$2,700 |
| Condo Fee | −$9,696 |
| Annual NOI | $13,212 |
| Cap Rate | 2.75% |
Cash Required to Close
| Down Payment (20%) | $96,000 |
| Ontario Land Transfer Tax | $6,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $105,075 |
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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