49 Queen Street E 103, Mississauga

$599,900
49 Queen Street E 103

$599,900

New
24d
Condo ApartmentApartment

49 Queen Street E 103, Mississauga

Total Monthly Obligation $4,081

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
19
Yield
7.2%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-W13838826
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,179.84 (2026)
Maintenance-$1,196.3/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Electric)
Brokerage-HOMELIFE/RESPONSE REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Spacious 3-Bedroom Main-Floor Suite In The Heart Of Port Credit! Welcome to this beautifully maintained 3-bedroom, 2-bathroom main-floor suite offering just around 1,100 sq. ft. of comfortable living space. Bright, spacious and thoughtfully laid out, this home features a generous living and dining area, large windows, hardwood flooring and a well-appointed kitchen with ample cabinetry, counter space and breakfast-bar seating. The spacious primary bedroom features its own private 2-piece ensuite, while two additional bedrooms provide excellent flexibility for family, guests or a home office. A separate full bathroom adds further convenience for everyday living. Enjoy the rare benefit of a main-floor walk-out balcony, providing convenient outdoor space and easy access to the grounds. The main-floor location also offers effortless access without relying on elevators. One underground parking space and one locker are included, along with heat, hydro and water in the maintenance fees. Ideally located in the heart of Port Credit, close to the waterfront, parks, restaurants, cafés, shops, transit and Port Credit GO. A fantastic opportunity to own a spacious 3-bedroom suite in one of Mississauga's most desirable communities.

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$4,081/mo
Mortgage $2,420
Monthly Loss $3,444
Principal$637
Interest$1,783
Property Tax$265
Condo Fees$1,196
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.7%33
10-Year IRR
10.6%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$42,972/yr
NOI
$18,739/yr
Net Cash Flow
-$858/mo
Cash Margin
-24.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.2/ 100

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

Comparables

Properties near 49 Queen Street E 103

Time

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Data last updated within the past 24 hours.