6720 Glen Erin Drive G-12, Mississauga

$329,000
6720 Glen Erin Drive G-12

$329,000

New
28d
Condo ApartmentApartment

6720 Glen Erin Drive G-12, Mississauga

Total Monthly Obligation $2,244

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
28d
Score
22
Yield
7.4%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-W13829706
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$1,995 (2025)
Maintenance-$550.2/mo
Locker-Ensuite+Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-59 days
Neighbourhood-Meadowvale
Title-Residential Condo & Other

No agent assigned

Spacious renovated one bedroom, one bathroom, rare two parking spaces, one underground and one outdoor. Walkout patio, beautiful green space, and no elevator wait(ground floor). Updated kitchen with quartz countertops, stainless appliances, and backsplash. Renovated bathroom, laminate flooring, custom closet organizers, in suite storage, and a washer. Low all-inclusive maintenance fee covering heat, hydro, water, air conditioning, building insurance, parking, and common elements. Convenient Meadowvale location close to Meadowvale Town Centre, transit, Meadowvale Go, and highways 401, 407, and 403. Carpet-free unit, family-friendly, and great for commuters, Investors, seniors and first-time buyers!!! "GREAT PRICE - Priced to sell in today's market!"

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

Closing Costs

Mortgage Amount
$263,200
Land Transfer Taxes$3,410
Legal Fees (Est.)
$
Total cash required for closing$70,710

Total Monthly Obligation

$2,244/mo
Mortgage $1,327
Monthly Loss $1,894
Principal$349
Interest$978
Property Tax$166
Condo Fees$550
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.3%38
10-Year IRR
11.1%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$24,300/yr
NOI
$10,873/yr
Net Cash Flow
-$421/mo
Cash Margin
-20.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
33.7/ 100

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

Comparables

Properties near 6720 Glen Erin Drive G-12

Time

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Data last updated within the past 24 hours.