2205- 208 Enfield Place, Mississauga
City Centre · Investor guide
$465,000
Estimated Value
$374,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SAM MCDADI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
2
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 Urban Living at Its Best! Experience the vibrant lifestyle in the heart of Mississauga with this beautifully appointed 1+1 bedroom, 1 bathroom suite located steps away from Square One Shopping Centre. This bright and functional layout features a spacious primary bedroom alongside a versatile den, perfect for an office or creative space. The kitchen offers ample cabinetry space, quartz countertops, and sleek stainless steel appliances. It overlooks the spacious open concept dining and living room, perfect for entertaining guests. Prepare for stunning sunsets in this west-facing unit, where large windows bathe the home in natural light and offer a generous sized balcony. The primary bedroom is finished with broadloom flooring and includes an ample sized closet, as well as providing city views from the large window. This beautifully maintained unit is steps away from trendy shops & restaurants, parks, public transit, and major highways. Ideal for first-time buyers, investors, or anyone seeking a convenient lifestyle in a highly desirable location!
MississaugaInvestor.ca
2205- 208 Enfield Place
Condo Apartment · 2bd/1ba · ~650 sqft
$465,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.03%
Monthly Cash Flow
-$967/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-11.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,140 |
| Property Tax | −$326 |
| Insurance | −$225 |
| Condo Fee | −$556 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$967/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$3,906 |
| Insurance | −$2,700 |
| Condo Fee | −$6,672 |
| Annual NOI | $14,082 |
| Cap Rate | 3.03% |
Cash Required to Close
| Down Payment (20%) | $93,000 |
| Ontario Land Transfer Tax | $5,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $101,775 |
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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