657 Cricklewood Drive 511, Mississauga

$839,900
657 Cricklewood Drive 511

$839,900

New
29d
Condo Townhouse3-Storey

657 Cricklewood Drive 511, Mississauga

Total Monthly Obligation $4,441

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
29d
Score
18
Yield
5.1%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Townhouse
MLS® Number-W13823226
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$5,396.77 (2026)
Maintenance-$402.93/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Associates
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 Days
Neighbourhood-Mineola
Title-Residential Condo & Other

No agent assigned

Welcome To The Reserve At East Mineola, An Award-Winning Executive Townhouse Community By Queenscorp, Ideally Located In One Of South Mississauga's Most Prestigious Neighbourhoods And Top-Ranked School Districts. This Stunning 2+1 Bedroom, 3-Bathroom Condo Townhome Stretches Nearly 1300 Square Feet And Features A Bright Open-Concept Layout And Refined Modern Finishes Throughout. The Main Level Offers 9-Foot Ceilings, Engineered Hardwood Flooring, A Sleek Chef's Kitchen Stainless Steel Appliances And Quartz Countertops, Large Island With Breakfast Bar, And A Convenient Powder Room - Perfect For Both Everyday Living And Entertaining. The Spacious Primary Suite Includes A Sitting Area And A Beautifully Appointed Ensuite, Creating The Ideal Retreat At The End Of The Day. A Generously Sized Second Bedroom, Full Bath, And Conveniently Located Laundry Complete The Upper Level. The Third Level Provides Additional Storage Space, Ideal For A Home Office, Gym, Or Flex Space. The True Showstopper Is The Spectacular Northeast-Facing Rooftop Terrace, Offering Breathtaking Views, Gas BBQ Hookup, Water Line For Gardening, And Ample Space For Hosting, Dining, Or Relaxing In Complete Privacy. Also Included is 1 Underground Parking Spot And Storage Locker. Steps To Parks, The Waterfront, Community Centre, Shops, Restaurants, Top-Tier Schools, GO Transit, And With Easy Access To The QEW And Upcoming LRT - This Exceptional Residence Delivers Lakeside Luxury, Urban Convenience, And Unmatched Lifestyle Appeal.

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

Closing Costs

Mortgage Amount
$671,920
Land Transfer Taxes$13,273
Legal Fees (Est.)
$
Total cash required for closing$182,753

Total Monthly Obligation

$4,441/mo
Mortgage $3,388
Monthly Loss $3,549
Principal$892
Interest$2,496
Property Tax$450
Condo Fees$403
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.1/ 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
$42,600/yr
NOI
$25,708/yr
Net Cash Flow
-$1,246/mo
Cash Margin
-35.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.0/ 100

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

Comparables

Properties near 657 Cricklewood Drive 511

Time

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