
3702- 36 Elm Drive, Mississauga
City Centre · Investor guide
$499,750
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL ESTATE REALTY POINT
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Based on City Centre neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to #3702- 36 Elm Drive West, Mississauga, ON. A luxurious Condo featuring sophisticated and traditional interior design by Dochia Interior; designed by Roy Varacalli, the celebrated architect of Cusumano Architects. This Pent-house condo apartment offers unparalleled living in this exquisite, modern corner unit, offering breathtaking and unobstructed views. The expansive master bedroom features an ensuite and a spacious closet, ensuring comfort and convenience. The sleek, contemporary kitchen is equipped with top of-the-line stainless steel appliances and a built-in island, perfect for culinary enthusiasts. The unit also boasts a large second bedroom, providing ample space for family or guests. Uniquely positioned with the only balcony on the building's side, this residence offers exclusive, unobstructed vistas, creating a serene and private outdoor retreat. Nestled in a prime location, the property is surrounded by an array of shopping destinations and picturesque parks, enhancing the urban living experience. Walk to Square One, Hurontario, close to Cooksville Go Station, Steps from New LRT Transit. Building Amenities include 24hr Concierge, Gym, Party Room and more. Must See.
MississaugaInvestor.ca
3702- 36 Elm Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$499,750
Cash-Flow Report · July 31, 2026
Cap Rate
2.77%
Monthly Cash Flow
-$1,147/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-12.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,300 |
| Property Tax | −$350 |
| Insurance | −$225 |
| Condo Fee | −$552 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$1,147/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$4,198 |
| Insurance | −$2,700 |
| Condo Fee | −$6,624 |
| Annual NOI | $13,838 |
| Cap Rate | 2.77% |
Cash Required to Close
| Down Payment (20%) | $99,950 |
| Ontario Land Transfer Tax | $6,470 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,420 |
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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