55 Port Street E 702, Mississauga

$3,489,000
55 Port Street E 702

$3,489,000

New
30d
Condo ApartmentApartment

55 Port Street E 702, Mississauga

Total Monthly Obligation $19,381

Beds
3
Baths
3
Park
2
Sqft
2750-2999
DOM
30d
Score
13
Yield
3.3%
Cash on Cash
-14.7%
Cap Rate
1.4%
5Y IRR
4.2%
10Y IRR
5.8%
Property Type-Condo Apartment
MLS® Number-W13818894
Beds-3
Bathrooms-3
Size-2750-2999 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$23,815 (2026)
Maintenance-$3,122.37/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

**Power Of Sale** On The Water **One OF A Kind** Absolute Stunning Unit With Gorgeous Unobstructed South Lake Views. Full Lake Views & View OF Downtown Toronto - RARE! **Corner Unit** Floor To Ceiling Window Very Bright & Spacious - Open Concept Layout- Approx 2920sqft - 2 Large Covered Terraces. One Terrace At Front, One At Rear of Unit. Unit 702 is Uniquely Configured, Current Set Up Is With 2 Private Entrances - Can Be Used As 2 Units OR 1 Large 3 Bedroom Unit, After Conversion. **Floor Plan Attached** Chefs Kitchen With Built in Appliances, Large Island GreatFor Entertaining, Warm Decor, Colors Thru/out. Custom Fireplace Overlooks Terrace & Lakes - Primary Bedroom, With 5 Pc Ensuite, B/I Sauna Connection, Walk In Closet & Walk out To Terrace, Enjoy The Sauna , Terrace & Views, Rare Spa Like Setting. Fully Upgraded Unit. Oversized Pantry From the Kitchen, Gas Stove, B/I Appliances. Main Floor Laundry.

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

Closing Costs

Mortgage Amount
$2,791,200
Land Transfer Taxes$73,700
Legal Fees (Est.)
$
Total cash required for closing$773,000

Total Monthly Obligation

$19,381/mo
Mortgage $14,074
Monthly Loss $15,677
Principal$3,703
Interest$10,370
Property Tax$1,985
Condo Fees$3,122
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.2%0
5-Year IRR
2.3%5
10-Year IRR
4.9%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$115,188/yr
NOI
$39,986/yr
Net Cash Flow
-$10,742/mo
Cash Margin
-111.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.242
LTV Ratio
80.0%18
Vacancy Buffer
0.5 mo12
Risk Index
10.6/ 100

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

Comparables

Properties near 55 Port Street E 702

Time

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