
805- 21 Park Street, Mississauga
Port Credit · Investor guide
$835,000
Estimated Value
$779,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Associates
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Based on Port Credit neighbourhood rental data for 3-bed Condo Apartment
Remarks
Boutique Luxury in the Heart of Port Credit! This exceptional 2-bedroom + den, 3-bath suite combines modern luxury with unmistakable lakeside charm. Enjoy west-facing views, a bright open-concept layout, smart-home technology, keyless entry, and a versatile den ideal for a home office or guest space. Step outside to your private balcony and take in views of Lake Ontario and the Credit River - with front-row enjoyment of Port Credit's vibrant festival atmosphere. Just steps from waterfront trails, cafés, acclaimed restaurants, and all that Port Credit has to offer. A short 4-minute walk to Port Credit GO Station and minutes to the QEW, providing easy access to downtown Toronto and beyond. Enjoy peace of mind with 24-hour concierge service and secure underground parking with license plate recognition. Resort-style amenities include a state-of-the-art fitness & yoga studio, co-working lounge, guest suite, party room, games room, media room, pet spa, car wash, EV charging, and outdoor terrace with BBQs and fire pit lounge. Suite features include: 1 indoor parking space, 1 locker, Rogers High Speed Internet & TV with 2 cable boxes included in maintenance fees (approx. $150/month value), custom automatic blinds, blackout blind in primary bedroom, Culligan pure water system, and upgraded electrical boxes for ceiling fans and lighting. Port Credit is more than a place to live - it's a lifestyle. Experience luxury, convenience, and waterfront living at TANU.
MississaugaInvestor.ca
805- 21 Park Street
Condo Apartment · 3bd/3ba · ~1,100 sqft
$835,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.89%
Monthly Cash Flow
-$3,223/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-21.11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$3,843 |
| Property Tax | −$585 |
| Insurance | −$225 |
| Condo Fee | −$1,135 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$3,223/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$7,014 |
| Insurance | −$2,700 |
| Condo Fee | −$13,620 |
| Annual NOI | $7,446 |
| Cap Rate | 0.89% |
Cash Required to Close
| Down Payment (20%) | $167,000 |
| Ontario Land Transfer Tax | $13,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $183,175 |
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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