
904- 135 Hillcrest Avenue, Mississauga
Cooksville · Investor guide
$525,000
Estimated Value
$475,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ESTATE #1 REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Based on Cooksville neighbourhood rental data for 3-bed Condo Apartment
Remarks
Welcome to this bright and beautifully maintained premium corner unit offering approximately 1,250 sq. ft. of open-concept living space. This unit is one of the largest units in the building.This spacious 2+1 bedroom, 2 full bathroom condo features a modern kitchen with quartz countertops and stainless steel appliances. The expansive living and dining area is filled with natural light and showcases stunning views of downtown Mississauga and Lake Ontario.The generous primary bedroom easily accommodates a king-size bed and includes a large walk-in closet and a private 4-piece ensuite. The spacious second bedroom is ideal for a growing family or guests. A versatile enclosed sunroom provides the perfect space for a home office, additional bedroom, or peaceful retreat.Residents enjoy exceptional amenities, including 24/7 security, a fitness centre, billiards room, squash court, outdoor tennis courts, and ample visitor parking. The maintenance fee remains very reasonable and includes heat, air conditioning, and water.Ideally located just steps from Cooksville GO Station and close to top-rated schools, Square One Shopping Centre, parks, hospitals, libraries, places of worship, and major highways, this home offers outstanding convenience in one of Mississauga's most desirable neighbourhoods.Perfect for first-time buyers, downsizers, and investors alike-this is a rare opportunity you won't want to miss.
MississaugaInvestor.ca
904- 135 Hillcrest Avenue
Condo Apartment · 3bd/2ba · ~1,300 sqft
$525,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.92%
Monthly Cash Flow
-$704/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-7.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$2,417 |
| Property Tax | −$368 |
| Insurance | −$225 |
| Condo Fee | −$639 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$704/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$4,410 |
| Insurance | −$2,700 |
| Condo Fee | −$7,668 |
| Annual NOI | $20,562 |
| Cap Rate | 3.92% |
Cash Required to Close
| Down Payment (20%) | $105,000 |
| Ontario Land Transfer Tax | $6,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $114,975 |
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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