2155 Burnhamthorpe Road 1607, Mississauga

$509,000
2155 Burnhamthorpe Road 1607

$509,000

Price Change
28d
Condo ApartmentApartment

2155 Burnhamthorpe Road 1607, Mississauga

Total Monthly Obligation $3,649

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
28d
Score
18
Yield
7.1%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W13827220
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,339.85 (2026)
Maintenance-$1,118/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to this freshly painted two bedroom unit in the sought-after Eagle Ridge Condominium Complex, ideally located in the heart of Erin Mills. Enjoy stunning panoramic west views from this bright and spacious unit. This vacant suite offers immediate occupancy and is situated within a secure, gated community with 24/7 security. Key Features & Amenities:- Walking distance to the library, public transit, banks, and grocery stores- Access to a fully equipped recreation center- Indoor swimming pool and private gym- Two full-sized basketball and squash courts- Billiards room and party room for entertaining- Complimentary car wash bay in the underground garage. Experience convenience, comfort, and community living all in one place! **Some of photos are virtual staged!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$407,200
Land Transfer Taxes$6,655
Legal Fees (Est.)
$
Total cash required for closing$109,955

Total Monthly Obligation

$3,649/mo
Mortgage $2,053
Monthly Loss $3,109
Principal$540
Interest$1,513
Property Tax$278
Condo Fees$1,118
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.9%23
10-Year IRR
9.3%
Returns Index
12.4/ 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
$36,084/yr
NOI
$13,320/yr
Net Cash Flow
-$943/mo
Cash Margin
-31.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.2/ 100

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

Comparables

Properties near 2155 Burnhamthorpe Road 1607

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.