3380 South Millway 33, Mississauga

$659,900
3380 South Millway 33

$659,900

New
30d
Condo Townhouse2-Storey

3380 South Millway 33, Mississauga

Total Monthly Obligation $3,603

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
30d
Score
20
Yield
5.6%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
12.9%
Property Type-Condo Townhouse
MLS® Number-W13818608
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 23, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,123.14 (2026)
Maintenance-$397.33/mo
Locker-None
Parking-2 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Veneer, Aluminum Siding
Possession-immed/30/60
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Must see, an ideal opportunity for families, professionals, empty nesters or anyone seeking an easy-care lifestyle in a connected Erin Mills community. Nestled within a quiet, tree-lined community in sought-after Erin Mills. This well-maintained 3-bedroom condo townhouse offers comfortable, low-maintenance living with space to grow. The bright, open-concept living and dining area features california shutters, a walkout to a private, fully fenced patio-perfect. The spacious kitchen offers ample cabinetry, b/i desk and beautiful countertops, while a convenient powder room and large coat closet complete the main level. Enjoy three spacious bedrooms upstairs, including a sun-filled primary retreat with a large double-door closet. The full basement awaits your finishing touches, offering excellent potential for additional living space, a home office or recreation area. Two parking spaces plus visitor parking add everyday convenience. Exceptional location just steps to South Millway Green Park, scenic valley trails and South Common Community Centre, featuring an indoor pool, fitness centre, gym and squash courts. Minutes to schools, South Common Centre, Erin Mills Town Centre, Credit Valley Hospital, U of T Mississauga, Hwy 403, QEW and Erindale GO. Move-in ready and mostly carpet-free (tiny bit in a closet).

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

Closing Costs

Mortgage Amount
$527,920
Land Transfer Taxes$9,673
Legal Fees (Est.)
$
Total cash required for closing$143,153

Total Monthly Obligation

$3,603/mo
Mortgage $2,662
Monthly Loss $2,902
Principal$700
Interest$1,961
Property Tax$344
Condo Fees$397
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,056/yr
NOI
$22,059/yr
Net Cash Flow
-$824/mo
Cash Margin
-26.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.7/ 100

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

Comparables

Properties near 3380 South Millway 33

Time

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