406- 325 Webb Drive, Mississauga
City Centre · Investor guide
$550,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,950/mo
Based on City Centre neighbourhood rental data for 3-bed Condo Apartment
Remarks
Amazing and meticulously maintained 2+1 bedroom condo in the heart of Mississauga City Centre. Offering a spacious and functional split-bedroom layout, this bright suite is filled with natural light and designed for comfortable living. The primary bedroom features a private 4-piece ensuite, while the generous den is ideal for a home office or guest space. Enjoy exceptional building amenities including an indoor pool, hot tub, sauna, fitness centre, squash court, basketball court, and pay-per-use car wash. Ideally located just steps from Square One, Celebration Square, the Living Arts Centre, Central Library, GO Transit, and with easy access to Highways 403 & QEW. Maintenance fees include heat, air conditioning, and water. This move-in-ready home offers outstanding value in one of Mississauga's most sought-after locations.
MississaugaInvestor.ca
406- 325 Webb Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$550,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.39%
Monthly Cash Flow
-$981/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-9.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,532 |
| Property Tax | −$385 |
| Insurance | −$225 |
| Condo Fee | −$641 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$981/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,620 |
| Insurance | −$2,700 |
| Condo Fee | −$7,692 |
| Annual NOI | $18,618 |
| Cap Rate | 3.39% |
Cash Required to Close
| Down Payment (20%) | $110,000 |
| Ontario Land Transfer Tax | $7,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,475 |
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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