1055 Southdown Road 511, Mississauga

$549,000
1055 Southdown Road 511

$549,000

New
15d
Condo Apartment1 Storey/Apt

1055 Southdown Road 511, Mississauga

Total Monthly Obligation $3,510

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
15d
Score
18
Yield
6.1%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W13877350
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,764.14 (2026)
Maintenance-$781.96/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stone
Possession-TBD
Neighbourhood-Clarkson
Title-Residential Condo & Other

No agent assigned

Bright and spacious, this 2 bedroom, 2 bathroom corner suite at Stonebrook Condominiums offers a refined open concept layout with 9 ft ceilings, hardwood floors and floor to ceiling windows that fill the space with natural light. The kitchen features granite counters, stainless steel appliances and a breakfast bar overlooking the main living space, with a walkout to a private balcony. The primary bedroom includes a 4 piece ensuite, complemented by a generous second bedroom and 2 piece bath. Tandem parking provides added convenience. Residents enjoy an impressive collection of luxury amenities including 24 hour concierge, indoor pool, fitness centre, party room and guest suites. Steps to Clarkson Village, GO Transit, shopping, restaurants, parks, trails and the waterfront all close by. Experience Stonebrook Today!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$3,510/mo
Mortgage $2,215
Monthly Loss $2,927
Principal$583
Interest$1,632
Property Tax$314
Condo Fees$782
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.9%23
10-Year IRR
9.2%
Returns Index
12.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,516/yr
NOI
$14,617/yr
Net Cash Flow
-$996/mo
Cash Margin
-35.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1055 Southdown Road 511

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.