
1108- 1140 Parkwest Place, Mississauga
Lakeview · Investor guide
$628,000
Estimated Value
$659,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by KINGSWAY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Based on Lakeview neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to this beautiful,bright and spacious 1,000+ sq. ft. 2Bdrms+2 Full Baths condo in the highly desirable Lakeview community! Situated on the 11th floor, this beautifully maintained suite offers breathtaking unobstructed views of Lake Ontario and the Toronto skyline.Thoughtfully designed with a functional split-2 bedroom layout, both bedrooms feature walk-outs to their own private balconies!!! 2 SEPARATE BALCONIES!! The spacious primary retreat includes a large walk-in closet and a 4-piece ensuite, while a second full 4-piece bathroom provides added convenience for family and guests. New laminate flooring throughout enhances the home's modern appeal.This unit also includes tandem parking for two vehicles and a storage locker.Enjoy exceptional building amenities, including 24-hour concierge/security, gym, sauna, party/meeting room, recreation room, library, visitor parking, BBQs permitted on balconies, and a pet-friendly building (with restrictions).Ideally located just minutes from Lake Ontario, waterfront parks and trails, Port Credit, shopping, restaurants, QEW, and both Port Credit and Long Branch GO Stations, offering an outstanding combination of convenience, lifestyle, and connectivity.A wonderful opportunity to own a spacious condo with spectacular views in one of Mississauga's most sought-after waterfront communities.
MississaugaInvestor.ca
1108- 1140 Parkwest Place
Condo Apartment · 2bd/2ba · ~1,100 sqft
$628,000
Cash-Flow Report · August 2, 2026
Cap Rate
2%
Monthly Cash Flow
-$1,846/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-16.09%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$2,891 |
| Property Tax | −$440 |
| Insurance | −$225 |
| Condo Fee | −$950 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$1,846/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$5,275 |
| Insurance | −$2,700 |
| Condo Fee | −$11,400 |
| Annual NOI | $12,545 |
| Cap Rate | 2% |
Cash Required to Close
| Down Payment (20%) | $125,600 |
| Ontario Land Transfer Tax | $9,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,635 |
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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