
313- 1055 Southdown Road, Mississauga
Clarkson · Investor guide
$539,000
Estimated Value
$603,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Based on Clarkson neighbourhood rental data for 2-bed Condo Apartment
Remarks
Must see! Welcome to Stonebrook Condominiums, located in the heart of Clarkson. This well-maintained building is ideally situated just minutes from major amenities and directly across from the Clarkson GO Station, making commuting a breeze. Built approximately 15 years ago, Stonebrook offers everything you need for comfortable everyday living. Residents enjoy exceptional amenities including an indoor pool, fitness centre, party room, theatre room, guest suites, and a beautiful outdoor seating area with BBQs. This suite comes complete with a locker and one underground parking space. Enjoy the convenience of living in vibrant Clarkson or hop on the GO Train and be in downtown Toronto in under 30 minutes. Pet-friendly building (with restrictions).Don't miss this fantastic opportunity to own in one of Clarkson's most desirable condo communities!
MississaugaInvestor.ca
313- 1055 Southdown Road
Condo Apartment · 2bd/2ba · ~850 sqft
$539,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.68%
Monthly Cash Flow
-$1,277/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-12.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,481 |
| Property Tax | −$377 |
| Insurance | −$225 |
| Condo Fee | −$759 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,277/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,528 |
| Insurance | −$2,700 |
| Condo Fee | −$9,108 |
| Annual NOI | $14,444 |
| Cap Rate | 2.68% |
Cash Required to Close
| Down Payment (20%) | $107,800 |
| Ontario Land Transfer Tax | $7,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,055 |
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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