1707- 4889 Kimbermount Avenue, Mississauga
Central Erin Mills · Investor guide
$480,000
Estimated Value
$530,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Associates
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Based on Central Erin Mills neighbourhood rental data for 2-bed Condo Apartment
Remarks
Fanatstic opportunity to own this bright and inviting 2 bed, 1 bath condo in the heart of Erin Mills! Freshly painted throughout and featuring a sunny south-facing exposure, this well maintained suite is filled with natural light and offers a comfortable, functional split bedroom layout that's perfect for first-time buyers, downsizers, or investors. Enjoy the convenience of an unbeatable location with everything you need just moments away. Walk to shopping, restaurants, parks, public transit, and everyday amenities, with easy access to major highways, Credit Valley Hospital, and Erin Mills Town Centre. Residents enjoy exceptional building amenities including a 24-hour concierge, indoor pool, fitness centre, party room, guest suites, visitor parking, and beautifully maintained common areas. Experience carefree condo living in one of Erin Mills' most desirable communities!
MississaugaInvestor.ca
1707- 4889 Kimbermount Avenue
Condo Apartment · 2bd/1ba · ~750 sqft
$480,000
Cash-Flow Report · August 1, 2026
Cap Rate
3%
Monthly Cash Flow
-$1,008/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-11.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,209 |
| Property Tax | −$336 |
| Insurance | −$225 |
| Condo Fee | −$755 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,008/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$4,032 |
| Insurance | −$2,700 |
| Condo Fee | −$9,060 |
| Annual NOI | $14,418 |
| Cap Rate | 3% |
Cash Required to Close
| Down Payment (20%) | $96,000 |
| Ontario Land Transfer Tax | $6,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $105,075 |
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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