
1605- 1035 Southdown Road, Mississauga
Clarkson · Investor guide
$569,000
Estimated Value
$603,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
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
$2,700/mo
Based on Clarkson neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to Stonebrook Condominiums, where elevated living meets effortless convenience in the heart of Clarkson. Situated directly across from Clarkson GO Station and moments from shops, restaurants, waterfront trails, major highways, Port Credit, Oakville, hospitals, and Pearson Airport, this brand-new residence delivers the perfect balance of luxury, lifestyle, and connectivity. Perched on the 16th floor, this never-lived-in 1-bedroom plus den suite offers 789 sq. ft. of thoughtfully designed interior living space, complemented by a 58 sq. ft. private balcony (847 sq. ft. total as per builder floor plans). Enjoy breathtaking panoramic south views of Lake Ontario stretching from east to west through expansive floor-to-ceiling windows that flood the home with natural light. Designed with both style and functionality in mind, the open-concept layout showcases premium upgrades beyond the builder's standard finishes, creating a sophisticated space that is truly move-in ready. The spacious den provides exceptional flexibility as a home office, nursery, or guest space, making this suite ideal for professionals, couples, or those planning for the future. A premium parking space conveniently located beside the garage entrance and a storage locker add everyday practicality. Residents enjoy an exceptional collection of resort-inspired amenities including a 24-hour concierge, indoor pool, whirlpool, sauna, fitness centre, yoga studio, theatre room, billiards and games room, guest suites, library, outdoor BBQ patio, car wash, ample visitor parking, and more. Every detail has been thoughtfully designed to elevate everyday living. Whether you're searching for your first home, a refined downsize, or a turnkey investment in one of Mississauga's most desirable lakefront communities, this exceptional suite offers a rare opportunity to own brand-new luxury with spectacular views in an unbeatable location.
MississaugaInvestor.ca
1605- 1035 Southdown Road
Condo Apartment · 2bd/1ba · ~850 sqft
$569,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.5%
Monthly Cash Flow
-$1,435/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-13.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,619 |
| Property Tax | −$398 |
| Insurance | −$225 |
| Condo Fee | −$758 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,435/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$4,780 |
| Insurance | −$2,700 |
| Condo Fee | −$9,096 |
| Annual NOI | $14,204 |
| Cap Rate | 2.5% |
Cash Required to Close
| Down Payment (20%) | $113,800 |
| Ontario Land Transfer Tax | $7,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,655 |
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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