21 Park Street E 1009, Mississauga

$575,000
21 Park Street E 1009

$575,000

New
25d
Condo ApartmentApartment

21 Park Street E 1009, Mississauga

Total Monthly Obligation $3,615

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
25d
Score
16
Yield
5.3%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-W13839006
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,970 (2026)
Maintenance-$764.86/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Attention Investors & End Users! Experience elevated living at Tanu Condos, a stylish newer residence in the sought-after lakefront community of Port Credit. This well-appointed 1 bedroom + den, 1.5 bathroom suite offers a smart, functional layout designed for modern living.The contemporary kitchen features quartz countertops, integrated fridge and dishwasher, stainless steel oven with cooktop, built-in microwave, subway tile backsplash, ample pantry storage, and a generous island with seating and additional storage. Engineered laminate flooring flows throughout the principal living areas.The open-concept living space is filled with natural light from floor-to-ceiling windows and offers a walk-out to the private balcony, perfect for relaxing or entertaining.The primary bedroom includes floor-to-ceiling windows, a double-door closet, and convenient access to the semi-ensuite. The 4-piece bath is finished with tile flooring, subway tile surround, quartz vanity, and built-in mirrored storage, and connects to the main powder room.The enclosed den with double sliding doors provides excellent flexibility as a home office, guest space, or potential second sleeping area.Additional features include in-suite Blomberg washer and dryer, smart home technology with phone integration, keyless entry, and license plate recognition security.Tanu amenities include 24/7 concierge, fitness and yoga studio, guest suite, theatre/media lounge, games and billiards room, outdoor terrace, car wash, pet spa, and visitor parking.Ideally located just steps to Port Credit GO Station, the waterfront, restaurants, parks, golf, and everyday amenities. Exceptional opportunity to own in one of Mississauga's most vibrant communities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$460,000
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,615/mo
Mortgage $2,319
Monthly Loss $3,005
Principal$610
Interest$1,709
Property Tax$331
Condo Fees$765
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.8%14
10-Year IRR
7.6%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,636/yr
NOI
$12,024/yr
Net Cash Flow
-$1,317/mo
Cash Margin
-51.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
21.8/ 100

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

Comparables

Properties near 21 Park Street E 1009

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.