21 Park Street E 308, Mississauga

$812,900
21 Park Street E 308

$812,900

New
28d
Condo ApartmentApartment

21 Park Street E 308, Mississauga

Total Monthly Obligation $5,132

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
28d
Score
16
Yield
5.4%
Cash on Cash
-8.5%
Cap Rate
2.7%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-W13827102
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$6,114 (2026)
Maintenance-$1,143.37/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RARE REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Wake up to calm. Suite 308 overlooks the green of Vimy Park, a quiet, relaxing view that feels miles from the city while keeping you steps from everything Port Credit offers. This 2 bed + den, 2 full bath residence offers 1,050 sq ft of thoughtfully designed space and thousands in upgrades. The kitchen is the centrepiece: a 3 ft x 9'4" quartz waterfall island seats five and hides generous built-in storage, paired with a full-slab quartz backsplash, gold Delta fixtures, built-in reverse osmosis water filtration, and a garbage disposal. Soft-close cabinetry runs throughout, with high-end designer lighting in the kitchen, living room, den, and both bedrooms. The primary suite features a custom built-in closet with an integrated safe and an ensuite with gold Delta shower fixtures and added pot lights. Custom built-ins also finish the second bedroom, linen, and coat closets. The den is ideal as an office or guest space, and the private balcony is perfect for unwinding over the park. Peace of mind is built in: control the front door lock, lighting, and temperature remotely from anywhere in the world, while water leak sensors in the kitchen and both baths connect directly to the concierge security system. Includes 1 parking, 1 locker, and in-suite laundry. TANU offers 24-hour concierge, secure underground parking with licence plate recognition, a fitness and yoga studio, co-working lounge, guest suite, party, games, and media rooms, pet spa, car wash, EV charging, and an outdoor terrace with BBQs + fire pit lounge. Steps to waterfront trails, cafés, and Lakeshore restaurants, a 4-minute walk to Port Credit GO, and minutes to the QEW.

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

Closing Costs

Mortgage Amount
$650,320
Land Transfer Taxes$12,733
Legal Fees (Est.)
$
Total cash required for closing$176,813

Total Monthly Obligation

$5,132/mo
Mortgage $3,279
Monthly Loss $4,269
Principal$863
Interest$2,416
Property Tax$510
Condo Fees$1,143
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
6.0%14
10-Year IRR
7.7%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,088/yr
NOI
$17,445/yr
Net Cash Flow
-$1,825/mo
Cash Margin
-49.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.0/ 100

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

Comparables

Properties near 21 Park Street E 308

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.