
103- 215 Veterans Drive, Brampton
Brampton
$499,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PLUS CITY TEAM 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
$1,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to MontVert, where modern design meets comfort and convenience. This beautifully laid out 2-bedroom, 2-bathroom ground-level suite offers a functional open-concept layout with expansive windows that fill the space with natural light. The contemporary kitchen features sleek cabinetry, quartz countertops, and stainless steel appliances, seamlessly flowing into the spacious living and dining area-perfect for both everyday living and entertaining. The split-bedroom layout provides ideal privacy, with a primary suite complete with a walk-in closet and private ensuite. Step outside to your oversized private terrace, offering a rare extension of your living space-perfect for relaxing, entertaining, or enjoying outdoor dining right from your unit. Additional features include in-suite laundry, modern finishes throughout, and a thoughtfully designed layout that maximizes both space and functionality. Located in a growing, family-friendly community close to parks, schools, shopping, transit, and major routes, this is an ideal opportunity for end-users and investors alike.
MississaugaInvestor.ca
103- 215 Veterans Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.36%
Monthly Cash Flow
-$1,736/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-19.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,301 |
| Property Tax | −$471 |
| Insurance | −$225 |
| Condo Fee | −$591 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,736/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$5,649 |
| Insurance | −$2,700 |
| Condo Fee | −$7,092 |
| Annual NOI | $6,789 |
| Cap Rate | 1.36% |
Cash Required to Close
| Down Payment (20%) | $99,980 |
| Ontario Land Transfer Tax | $6,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,453 |
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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