28 Ann Street 217, Mississauga

$499,990
28 Ann Street 217

$499,990

New
30d
Condo ApartmentApartment

28 Ann Street 217, Mississauga

Total Monthly Obligation $2,790

Beds
2
Baths
2
Park
0
Sqft
600-699
DOM
30d
Score
23
Yield
6.4%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
14.9%
Property Type-Condo Apartment
MLS® Number-W13817112
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$573/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE GREENHEART GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Welcome to this stunning 2-bedroom, 1.5-bathroom suite in the heart of Port Credit. Bright, spacious, and thoughtfully designed, this home features 9-ft ceilings, floor-to-ceiling windows, and contemporary finishes throughout. The open concept layout seamlessly connects the living and dining areas, creating an inviting space to entertain guests or enjoy a quiet night at home, all while taking in an abundance of natural light.The spacious primary bedroom offers a peaceful retreat with floor-to-ceiling windows, while the second bedroom provides the flexibility to suit your lifestyle; perfect for guests, a home office, or a growing family. Both bathrooms are finished with sleek modern fixtures and elegant tiling.Residents of Westport enjoy an exceptional lifestyle with over 15,000 sq. ft. of hotel-inspired amenities, including 24-hour concierge service, a co-working hub, fitness centre, yoga studio, dog run and pet spa, rooftop terrace, and guest suites.Perfectly positioned with Port Credit GO right at your doorstep and Lake Ontario just a 5-minute walk away, this home puts the best of Port Credit within easy reach. Enjoy scenic waterfront trails, parks, boutiques, cafés, and restaurants, all just moments from home. ROGERS IGNITE INTERNET INCLUDED IN MAINTENANCE COST!

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

Closing Costs

Mortgage Amount
$399,992
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,973

Total Monthly Obligation

$2,790/mo
Mortgage $2,017
Monthly Loss $2,259
Principal$531
Interest$1,486
Condo Fees$573
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%52
10-Year IRR
12.4%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$31,872/yr
NOI
$19,409/yr
Net Cash Flow
-$399/mo
Cash Margin
-15.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
30.3/ 100

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

Comparables

Properties near 28 Ann Street 217

Time

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