2504- 3883 Quartz Road, Mississauga
City Centre · Investor guide
$415,000
Estimated Value
$325,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP KINGS CROSS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Based on City Centre neighbourhood rental data for 1-bed Condo Apartment
Remarks
Ready to call the new prestigious M2 condos your home! You don't need to look any further than this well designed and modern one bedroom and one bathroom condo. This will be your slice of pie in the sky as it is situated on the 25th floor with an unobstructed view of Lake Ontario that you can enjoy from your large balcony. The unit has everything including an open concept kitchen with built in appliances as well as a spacious bathroom with a shower and a high ceiling area. The property which boasts 2 glistening towers that create an impact factor for the Mississauga skyline has numerous amenities. These included an outdoor pool, party room, modern and well-equipped gym, 24-hour concierge, lounges with fireplace, rooftop skating rink, children's playroom, movie theatre, sauna, steam room and community BBQ area. The buildings also have certain retail stores at the ground level and is diagonal to Square One shopping centre where you will find almost all your daily item requirements.
MississaugaInvestor.ca
2504- 3883 Quartz Road
Condo Apartment · 1bd/1ba · ~550 sqft
$415,000
Cash-Flow Report · August 3, 2026
Cap Rate
2.41%
Monthly Cash Flow
-$1,076/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-14.22%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,910 |
| Property Tax | −$291 |
| Insurance | −$225 |
| Condo Fee | −$407 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,076/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,486 |
| Insurance | −$2,700 |
| Condo Fee | −$4,884 |
| Annual NOI | $10,020 |
| Cap Rate | 2.41% |
Cash Required to Close
| Down Payment (20%) | $83,000 |
| Ontario Land Transfer Tax | $4,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $90,775 |
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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