650 Atwater Avenue 21, Mississauga

$599,000
650 Atwater Avenue 21

$599,000

New
29d
Condo TownhouseApartment

650 Atwater Avenue 21, Mississauga

Total Monthly Obligation $3,250

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
29d
Score
18
Yield
5.0%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Townhouse
MLS® Number-W13823060
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,025.23 (2026)
Maintenance-$298.41/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-YOUR HOME SOLD GUARANTEED REALTY INTERCITY PLUS IN
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-December 1/26 or TBA
Neighbourhood-Mineola
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully appointed 1-level 2-bedroom + den, 2-bathroom home offering approximately 858 sq. ft. of thoughtfully designed living space. Enjoy the convenience of one-level living with a bright, functional layout featuring durable vinyl flooring throughout and a walk-out to your private patio-perfect for morning coffee, outdoor dining or relaxing in your own outdoor space. Both bedrooms feature generous walk-in closets, while the primary bedroom offers a 3-piece ensuite for added privacy and comfort. The versatile den is ideal for a home office, study or additional storage. Enjoy the surrounding parks and green spaces, with easy access to Lake Ontario, Port Credit, Lakeshore Road's shops and restaurants, Port Credit GO, public transit and the QEW. Conveniently located near schools, recreational amenities and healthcare services. A wonderful opportunity for first-time buyers, downsizers, professionals or investors seeking comfortable one-level living in a well-connected Mississauga community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,250/mo
Mortgage $2,416
Monthly Loss $2,614
Principal$636
Interest$1,780
Property Tax$335
Condo Fees$298
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,880/yr
NOI
$16,886/yr
Net Cash Flow
-$1,009/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.7/ 100

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

Comparables

Properties near 650 Atwater Avenue 21

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.