2610- 4080 Living Arts Drive, Mississauga
City Centre · Investor guide
$519,900
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
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
Lowest Priced Condo in the Area! Spacious high-floor corner unit in a well-maintained condominium, overlooking Celebration Square in the heart of Mississauga. Features 2 bedrooms plus a large den (currently used as a third bedroom), 2 bathrooms, and 9' ceilings throughout. Open-concept kitchen, bright living/dining area, and a large balcony with unobstructed city views. Rarely offered with 2 owned underground parking spaces and 1 locker. .Building amenities include 24-hour concierge/security, gym, indoor pool, party room, guest suites, and visitor parking. Prime location steps to Square One, Celebration Square, Central Library, Living Arts Centre, restaurants, and transit hub, with quick access to Highways 403, QEW, and 401.
MississaugaInvestor.ca
2610- 4080 Living Arts Drive
Condo Apartment · 3bd/2ba · ~950 sqft
$519,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.99%
Monthly Cash Flow
-$1,097/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-11.56%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,393 |
| Property Tax | −$364 |
| Insurance | −$225 |
| Condo Fee | −$917 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$1,097/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$4,367 |
| Insurance | −$2,700 |
| Condo Fee | −$11,004 |
| Annual NOI | $15,559 |
| Cap Rate | 2.99% |
Cash Required to Close
| Down Payment (20%) | $103,980 |
| Ontario Land Transfer Tax | $6,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $113,853 |
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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