5480 Glen Erin Drive 83, Mississauga

$859,888
5480 Glen Erin Drive 83

$859,888

New
29d
Condo Townhouse2-Storey

5480 Glen Erin Drive 83, Mississauga

Total Monthly Obligation $4,956

Beds
2
Baths
4
Park
1
Sqft
1800-1999
DOM
29d
Score
15
Yield
4.6%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Condo Townhouse
MLS® Number-W13829324
Beds-2
Bathrooms-4
Size-1800-1999 sqft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$6,822 (2026)
Maintenance-$719.39/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flex
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Absolute Gem! Bright and spacious executive townhome offering over 1,820 sq. ft. (MPAC) plus a finished basement! Featuring a beautifully designed open-concept living and dining area with gleaming floors and a walkout to a gorgeous deck and private backyard, perfect for relaxing or entertaining. The beautiful eat-in kitchen features a pantry, backsplash, under-cabinet lighting, stainless steel appliances, and a lovely breakfast area. A stunning skylight fills the home with an abundance of natural light. The well-appointed primary bedroom retreat offers a luxurious 5-piece ensuite with separate shower and soaker tub, a large walk-in closet, plus a gorgeous sitting area with fireplace. The spacious second bedroom is its own private retreat, complete with a 4-piece ensuite and sitting area. The finished basement provides even more living and entertaining space with a wet bar, large recreation room with built-ins, 2-piece bathroom, spacious laundry room, plenty of storage, and a cedar closet. Ideally located in the John Fraser & Gonzaga school districts, shopping, hospital, highways, parks, and everyday amenities. Situated in the back of the complex in a highly sought-after enclave of executive luxury townhomes featuring an outdoor pool and amazing clubhouse, with landscaping plus driveway and walkway snow removal included! Spacious, bright and beautifully appointed, this is a true gem and an absolute must see!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$687,910
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,151

Total Monthly Obligation

$4,956/mo
Mortgage $3,469
Monthly Loss $4,044
Principal$913
Interest$2,556
Property Tax$569
Condo Fees$719
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
5.8%13
10-Year IRR
7.5%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,936/yr
NOI
$18,088/yr
Net Cash Flow
-$1,961/mo
Cash Margin
-58.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.4/ 100

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

Comparables

Properties near 5480 Glen Erin Drive 83

Time

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