1035 Southdown Road 1402, Mississauga

$1,149,900
1035 Southdown Road 1402

$1,149,900

New
15d
Condo ApartmentApartment

1035 Southdown Road 1402, Mississauga

Total Monthly Obligation $6,109

Bed+Den
3+1
Baths
2
Park
2
Sqft
1400-1599
DOM
15d
Score
15
Yield
4.0%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-W13878356
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$1,270.32/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Concrete
Possession-60-90 TBA
Neighbourhood-Clarkson
Title-Residential Condo & Other

No agent assigned

Just bring your suitcase & start living in luxury! Welcome to suite 1402 at Stonebrook Residences, A brand new, fully furnished turnkey corner suite featuring $50,000 in beautiful furnishings plus over $50,000 in premium custom upgrades! This spectacular 2 bedroom + den, 2 full bathroom residence offers 1,477 sqft of interior living space plus a 224 sqft private wrapped around terrace with north, west & south exposures, beautiful city & water views and exceptional privacy. The expansive open concept living & dining areas are perfect for entertaining or relaxing, with generous room sizes, abundant natural light & elegant modern design. Every detail has been thoughtfully upgraded including a custom built in entertainment fixtures, smart LED pot lights & over $10,000 in motorized smart blinds. Even the laundary room features custom cabinetry, sink & shelving! Includes Tandem Underground Parking for 2 cars, locker conveniently located directly in front of parking & EV charging rough in. Enjoy resort style amenities including indoor pool, Whirlpool, Fully equipped fitness centre, Yoga Studio, Sauna, Billiards & Games Rooms, Stunning rooftop terrace with BBQs & Bar, Guest Suites, Workshop, Bike Storage, 24 hour security concierge & Secure Parcel Room. Perfect for those who love to travel, simply lock up & go with peace of mind! Location is everything ! Clarkson GO Staion, Making Downtown Toronto an easy commute. Enjoy nearby shopping, restaurants, cafes, parks, waterfront trails & quick access to major highways. Wheather you're relocating. downsizing or simply looking for a luxurious maintenance free lifestyle, this residence offers the space of a home, the amenities of a luxury resort & the convenience of a fully furnished turnkey experience. Move in, Unpack & Enjoy!

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

Closing Costs

Mortgage Amount
$919,920
Land Transfer Taxes$19,473
Legal Fees (Est.)
$
Total cash required for closing$250,953

Total Monthly Obligation

$6,109/mo
Mortgage $4,638
Monthly Loss $4,888
Principal$1,221
Interest$3,418
Condo Fees$1,270
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
5.7%13
10-Year IRR
7.3%
Returns Index
7.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$46,500/yr
NOI
$24,206/yr
Net Cash Flow
-$2,621/mo
Cash Margin
-67.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.4/ 100

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

Comparables

Properties near 1035 Southdown Road 1402

Time

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Data last updated within the past 24 hours.