6439 Rivergate Place 15, Mississauga

$1,180,000
6439 Rivergate Place 15

$1,180,000

New
30d
Condo TownhouseBungalow

6439 Rivergate Place 15, Mississauga

Total Monthly Obligation $6,494

Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
30d
Score
14
Yield
3.3%
Cash on Cash
-13.7%
Cap Rate
1.6%
5Y IRR
4.9%
10Y IRR
6.4%
Property Type-Condo Townhouse
MLS® Number-W13818028
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Condo Townhouse
Taxes-$7,691.46 (2026)
Maintenance-$893.14/mo
Locker-None
Parking-4 - Built-In
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Stone, Brick
Possession-TBD
Neighbourhood-Streetsville
Title-Residential Condo & Other

No agent assigned

RARE OPPORTUNITY! Luxury Bungalow Townhome in an Exclusive Gated Community!Welcome to this beautifully renovated, bright, and spacious 2-bedroom end-unit bungalow townhome, offering exceptional comfort, style, and low-maintenance living. Featuring a double car garage, cathedral ceilings, and thoughtful upgrades throughout, this home is the perfect blend of luxury and convenience.5 Reasons You'll Love This Home:Renovated Gourmet Kitchen - Enjoy a stunning kitchen featuring a large centre island, granite countertops, stylish backsplash, and refreshed cabinetry, ideal for everyday living and entertaining.Bright Open-Concept Living - Soaring cathedral ceilings create an impressive sense of space, complemented by an open-concept layout seamlessly connecting the living room and kitchen.Elevated Interior Finishes - Additional pot lights, two custom-built-in cabinets, professionally painted interiors, and beautiful hardwood flooring throughout provide a sophisticated, carpet-free (main floor) living experience.Premium End-Unit Design - Enjoy added privacy, a double car garage, and generously sized primary and secondary bedrooms, both featuring high ceilings and abundant space.Significant Exterior Improvements - Roof has been done, a revamped asphalt driveway, newly installed garage doors, and a revitalized maintenance free deck. Maintenance-Free Lifestyle: Your monthly maintenance fees provide exceptional convenience, including backyard maintenance with greenery views and snow removal that now includes your private driveway. Exterior-related maintenance is handled by the property management, allowing you to enjoy more of your time and less upkeep.Conveniently situated close to shops, grocery stores, schools, Tesla charging stations, and easy access to Highways 401 and 407. Enjoy an incredible selection of restaurants within approximately 10 minutes by car.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$944,000
Land Transfer Taxes$20,075
Legal Fees (Est.)
$
Total cash required for closing$257,575

Total Monthly Obligation

$6,494/mo
Mortgage $4,760
Monthly Loss $5,241
Principal$1,253
Interest$3,507
Property Tax$641
Condo Fees$893
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-16.7%0
5-Year IRR
2.7%6
10-Year IRR
5.1%
Returns Index
4.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$39,396/yr
NOI
$14,647/yr
Net Cash Flow
-$3,539/mo
Cash Margin
-107.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.262
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.4/ 100

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

Comparables

Properties near 6439 Rivergate Place 15

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.

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Data last updated within the past 24 hours.