#2902- 208 Enfield Place, Mississauga
City Centre · Investor guide
$364,500
Estimated Value
$325,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Based on City Centre neighbourhood rental data for 1-bed Condo Apartment
Remarks
Experience luxury living in this sun-filled, east-facing suite featuring an open-concept layout and breathtaking unobstructed panoramic views of Lake Ontario, the CN Tower, and the Toronto downtown. Proudly owner-occupied since day one and never tenanted, this meticulously maintained unit is in true move-in ready condition. The modern kitchen boasts granite countertops, stainless steel appliances, and seamlessly flows into the spacious living and dining area. Laminate flooring runs throughout the unit, creating a stylish and low-maintenance living space. Ideally located in the heart of downtown Mississauga, you're just steps from Square One Shopping Centre, Sheridan College, the Living Arts Centre, restaurants, public transit, and the GO Bus Terminal. Enjoy easy access to Highways 403, 410, and QEW, with the University of Toronto Mississauga just a 15-minute drive away. Includes one premium underground parking space conveniently located near the building entrance, plus a locker. Residents enjoy exceptional amenities including 24-hour concierge and security, an indoor pool, fitness centre, sauna, rooftop garden, games room, guest suites, and much more.
MississaugaInvestor.ca
#2902- 208 Enfield Place
Condo Apartment · 1bd/1ba · ~650 sqft
$364,500
Cash-Flow Report · July 31, 2026
Cap Rate
2.45%
Monthly Cash Flow
-$934/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-14.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,678 |
| Property Tax | −$255 |
| Insurance | −$225 |
| Condo Fee | −$533 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$934/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,062 |
| Insurance | −$2,700 |
| Condo Fee | −$6,396 |
| Annual NOI | $8,932 |
| Cap Rate | 2.45% |
Cash Required to Close
| Down Payment (20%) | $72,900 |
| Ontario Land Transfer Tax | $3,943 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $79,843 |
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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