
413- 1 Hurontario Street, Mississauga
Port Credit · Investor guide
$678,000
Estimated Value
$730,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PROFESSIONALS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,050/mo
Based on Port Credit neighbourhood rental data for 2-bed Condo Apartment
Remarks
A beautiful, move-in ready suite in prestigious "Northshore," located in the heart of vibrant Port Credit, Mississauga's most desired lakeside community. Perfectly suited for professionals, downsizers, or couples seeking comfort, convenience, and unique lifestyle all in one. Thoughtfully updated throughout, this bright, warm, and inviting suite features a highly functional open-concept living space with a large private balcony offering partial lake views. The spacious Primary Bedroom provides excellent comfort and ample closet space/storage. The open-concept Living and Dining areas create the perfect setting for entertaining or relaxing at home. The oversized Den is large enough to easily function as a Second Bedroom, Guest Room, or private home Office. Convenient P1 Level parking space and locker. Residents of this sought-after building enjoy 24-hour concierge service, a rooftop terrace with BBQs and lake views, a quiet interior courtyard, exceptional amenities, beautifully maintained common areas, and a welcoming community atmosphere with lakeside living. Just steps from the lakefront and scenic walking and biking trails, parks, marinas, waterfront restaurants, cafés, patios, boutique shops, farmer's markets, live music venues, year-round community events and festivals, excellent connectivity with nearby GO Transit, easy access to downtown Toronto, major highways, Pearson Airport.
MississaugaInvestor.ca
413- 1 Hurontario Street
Condo Apartment · 2bd/1ba · ~850 sqft
$678,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.72%
Monthly Cash Flow
-$1,586/mo
Estimated Rent
$3,050/mo
Cash-on-Cash
-12.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,050 |
| Mortgage | −$3,121 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$662 |
| Vacancy (5%) | −$153 |
| Cash Flow | -$1,586/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,600 |
| Vacancy (5%) | −$1,830 |
| Property Tax | −$5,695 |
| Insurance | −$2,700 |
| Condo Fee | −$7,944 |
| Annual NOI | $18,431 |
| Cap Rate | 2.72% |
Cash Required to Close
| Down Payment (20%) | $135,600 |
| Ontario Land Transfer Tax | $10,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $148,635 |
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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