640 Rathburn Road E 8, Mississauga

$749,900
640 Rathburn Road E 8

$749,900

New
25d
Condo Townhouse2-Storey

640 Rathburn Road E 8, Mississauga

Total Monthly Obligation $4,099

Beds
3
Baths
2
Park
1
Sqft
1600-1799
DOM
25d
Score
18
Yield
5.3%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Condo Townhouse
MLS® Number-W13836396
Beds-3
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,780 (2026)
Maintenance-$642/mo
Locker-None
Parking-2 - Built-In
Basement-Crawl Space, Finished
Heating-Heat Pump (Other)
Brokerage-SUTTON GROUP ELITE REALTY INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick, Shingle
Possession-30-59 days
Neighbourhood-Rathwood
Title-Residential Condo & Other

No agent assigned

One of the widest & largest properties in the complex ! End unit that feels like semi detach; very rare double door entrance leading up to fully renovated and updated living space. With almost 1800sqft, this spacious unit leaves nothing to be desired. Sunken living room with 20ft ceiling and pot lights, built in fireplace, overlooking the private and secluded backyard. Formal dining room, that leads to modern, gourmet delight open concept kitchen, with plenty of cabinets and rare 2 separate sinks and large windows. Hardwood thru ought; Designer colors, renovated bathrooms; Please note, Owners have installed efficient ductless 4 zone HEAT PUMP system, that provides heating and cooling thru entire property, with separate controls for each zone, thus , significantly reducing electrical bills. 2nd floor windows are being installed by the end of this week. In addition to basement, there is a large crawl space to store all of your seasonals. Please note, some phots are from the previous listing and some of the furniture might be different;

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$4,099/mo
Mortgage $3,025
Monthly Loss $3,303
Principal$796
Interest$2,229
Property Tax$232
Condo Fees$642
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
15.9/ 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
$39,660/yr
NOI
$22,810/yr
Net Cash Flow
-$1,124/mo
Cash Margin
-34.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.0/ 100

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

Comparables

Properties near 640 Rathburn Road E 8

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.