1509- 1360 Rathburn Road, Mississauga
Rathwood · Investor guide
$479,900
Estimated Value
$464,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by Right At Home 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
$2,550/mo
Based on Rathwood neighbourhood rental data for 2-bed Condo Apartment
Remarks
Fabulous Opportunity to Own a Large, Light-Filled, Well-Maintained, and Spacious 1 Bedroom + Den in a Desirable Building! Open-Concept Layout Allow You to Make the Living Space Your Own. Laminate Flooring (2018), Floor To Ceiling Windows, Renovated 4 Pc Bath, Renovated Kitchen (2022) w/ Large Peninsula and Quartz Countertops with Seating Area and Breakfast Area, Smart Stainless Steel Appliances, En-Suite Laundry, Large Bedroom, Closet Organization, Smooth Ceilings Throughout, and Unobstructed Views! Smart Lighting-Capable with Added Smart Bulbs, Lights, and/or Sockets. South/West Exposure Provides Natural Light All Day and an Amazing View of Mississauga and the Lake! Excellent Amenities! Experience True Hassle-Free Living with Maintenance Fees That Include Rogers Xfinity Cable, Rogers High-Speed Internet, Hydro, Heat, Water, Central Air Conditioning, Building Insurance, Parking, Locker, and All Common Elements; Everything You Need, All in One Place. Located in East Mississauga, One Bus to Subway And Square One, Minutes Walking to Shopping, Close to Top-Rated Schools, Beautiful Parks...Easy Access to Major Highways! Just Move in and Enjoy!
MississaugaInvestor.ca
1509- 1360 Rathburn Road
Condo Apartment · 2bd/1ba · ~950 sqft
$479,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.97%
Monthly Cash Flow
-$1,423/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-16.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$2,209 |
| Property Tax | −$336 |
| Insurance | −$225 |
| Condo Fee | −$1,075 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$1,423/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$4,031 |
| Insurance | −$2,700 |
| Condo Fee | −$12,900 |
| Annual NOI | $9,439 |
| Cap Rate | 1.97% |
Cash Required to Close
| Down Payment (20%) | $95,980 |
| Ontario Land Transfer Tax | $6,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $105,053 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.