
210- 285 Enfield Place, Mississauga
City Centre · Investor guide
$396,900
Estimated Value
$423,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
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
**The sellers will pay the special assessment in full, providing added peace of mind for the next owner. They are also open to discussing creative financing solutions, including a Vendor Take-Back (VTB) for qualified buyers, to help make ownership more accessible** Experience bright, contemporary living in one of Mississauga's most sought-after City Centre communities. This beautifully updated 2+1 bedroom, 2-bathroom corner suite is filled with natural light and offers a spacious, functional layout ideal for everyday living. Recent upgrades include stylish new flooring, fresh designer paint, and modern bathroom vanities, creating a move-in-ready home you'll love. The open-concept living and dining areas provide the perfect space to entertain, while the sun-filled solarium offers endless possibilities as a home office, reading nook, or additional lounge area. The full-sized kitchen provides plenty of workspace and storage, making meal preparation effortless. Added conveniences include ensuite laundry, underground parking, and all-inclusive maintenance fees covering heat, hydro, water, cable TV, and air conditioning. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge/security, an indoor swimming pool, fitness centre, tennis court, party room, and beautifully maintained common areas. Perfectly positioned in the heart of Mississauga, you're just a short walk to Square One Shopping Centre, Celebration Square, Kariya Park, restaurants, cafés, schools, GO Transit, and MiWay transit. Commuters will appreciate quick access to Highways 403, 401, and the QEW, while Trillium Health Partners Hospital is only minutes away. Whether you're a first-time buyer, downsizer, or investor, this exceptional home offers outstanding value, convenience, and an unbeatable lifestyle in a thriving urban neighbourhood.
MississaugaInvestor.ca
210- 285 Enfield Place
Condo Apartment · 3bd/2ba · ~950 sqft
$396,900
Cash-Flow Report · July 31, 2026
Cap Rate
4.69%
Monthly Cash Flow
-$278/mo
Estimated Rent
$2,950/mo
Cash-on-Cash
-3.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,950 |
| Mortgage | −$1,827 |
| Property Tax | −$278 |
| Insurance | −$225 |
| Condo Fee | −$750 |
| Vacancy (5%) | −$148 |
| Cash Flow | -$278/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$35,400 |
| Vacancy (5%) | −$1,770 |
| Property Tax | −$3,334 |
| Insurance | −$2,700 |
| Condo Fee | −$9,000 |
| Annual NOI | $18,596 |
| Cap Rate | 4.69% |
Cash Required to Close
| Down Payment (20%) | $79,380 |
| Ontario Land Transfer Tax | $4,429 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $86,809 |
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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