
2008- 330 Rathburn Road, Mississauga
City Centre · Investor guide
$640,000
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by INX LANDMARK 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
Welcome to this expansive 2-bedroom, 2-bathroom corner suite in the Mississauga Prime Location. Boasting 1,275 sq. ft. of well-designed living space, this unit features an open-concept layout with floor-to-ceiling windows that flood the space with natural light. Enjoy a huge solarium, perfect as a home office, reading nook, or extended living space. The suite includes an owned locker and one parking space. All utilities including cable TV are covered in the maintenance fees. Building amenities include: Indoor pool, sauna, and hot tub Gym and fitness center Tennis & basketball courts Media and billiards rooms24-hour concierge Party room and more Located within walking distance to Square One Mall and Sheridan College, this well-maintained building is ideal for those seeking convenience, comfort, and community. Don't miss this opportunity to own a fantastic suite and make it your own!
MississaugaInvestor.ca
2008- 330 Rathburn Road
Condo Apartment · 3bd/2ba · ~1,300 sqft
$640,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.61%
Monthly Cash Flow
-$2,087/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-17.85%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$2,946 |
| Property Tax | −$448 |
| Insurance | −$225 |
| Condo Fee | −$1,270 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$2,087/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$5,376 |
| Insurance | −$2,700 |
| Condo Fee | −$15,240 |
| Annual NOI | $10,314 |
| Cap Rate | 1.61% |
Cash Required to Close
| Down Payment (20%) | $128,000 |
| Ontario Land Transfer Tax | $9,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $140,275 |
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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