4605 Donegal Drive 24, Mississauga

$868,000
4605 Donegal Drive 24

$868,000

New
27d
Condo Townhouse2-Storey

4605 Donegal Drive 24, Mississauga

Total Monthly Obligation $4,522

Bed+Den
4+1
Baths
3
Park
1
Sqft
1400-1599
DOM
27d
Score
17
Yield
4.5%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Townhouse
MLS® Number-W13832602
Bed+Den-4+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,910.85 (2025)
Maintenance-$411.88/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

RARE OPPORTUNITY to own an end-unit townhouse in a small enclave of only 35 units. Located on a dead end with a private driveway and deck in the heart of Central Erin Mills this home offers a bright, functional layout and exceptional privacy. This well-maintained home features three generous bedrooms, including an oversized primary retreat complete with a 4-piece ensuite. The spacious main floor is thoughtfully designed for comfortable everyday living and effortless entertaining. Enjoy the convenience of direct garage access, stainless steel appliances, a garage mezzanine for additional storage, and an oversized under-stair storage area. Step outside to your private deck-a rare feature within the complex-overlooking a beautifully treed backyard. The end-unit location offers additional green space, convenient side-yard access, and enhanced privacy. Situated in a quiet, well-managed complex with low maintenance fees, this home is ideally located within the highly sought-after John Fraser and St. Aloysius Gonzaga school district. You'll also enjoy being just minutes from Credit Valley Hospital, Erin Mills Town Centre, parks, community centres, public transit, and major highways including the 403, 407, QEW, and 401. An exceptional opportunity to own a beautifully maintained home in one of Mississauga's most desirable family-friendly neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$694,400
Land Transfer Taxes$13,835
Legal Fees (Est.)
$
Total cash required for closing$188,935

Total Monthly Obligation

$4,522/mo
Mortgage $3,501
Monthly Loss $3,601
Principal$921
Interest$2,580
Property Tax$409
Condo Fees$412
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,300/yr
NOI
$23,117/yr
Net Cash Flow
-$1,575/mo
Cash Margin
-48.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.1/ 100

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

Comparables

Properties near 4605 Donegal Drive 24

Time

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Data last updated within the past 24 hours.