3883 Quartz Road 5010, Mississauga

$579,000
3883 Quartz Road 5010

$579,000

New
23d
Condo ApartmentApartment

3883 Quartz Road 5010, Mississauga

Total Monthly Obligation $3,614

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
23d
Score
17
Yield
5.5%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-W13843890
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,590.95 (2026)
Maintenance-$695.6/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-IRISE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-FLEX
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

STEP INTO THE SKY AT M CITY 2 BY URBAN CAPITAL - Mississauga's most awarded tower, honoured with the CTBUH Award of Excellence for Best Tall Building from the Council on Tall Buildings and Urban Habitat for its striking, undulating architecture and contribution to the city's evolving skyline. Residents enjoy an exceptional amenity package, including an outdoor saltwater pool, fitness facility, movie theatre, sports bar, and a 24-hour concierge lobby, delivering a resort-style lifestyle at home. Perched on the 50th floor, this unit offers sweeping, unobstructed southwest views that few units in the city can match - golden-hour light pouring in through floor-to-ceiling windows all afternoon. The thoughtfully designed 2+Den, 2-Bath layout spans approximately 820 SF, with an open-concept living and dining space that feels both airy and refined, and a versatile den ready to serve as a home office or guest retreat. This residence puts you steps from Square One, transit, and downtown Mississauga's best dining and retail - all within a building the international architecture community has called world-class.Includes 1 parking space and 1 locker. High-floor suites of this calibre, in an award-winning tower, rarely come available.

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

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,614/mo
Mortgage $2,336
Monthly Loss $2,999
Principal$615
Interest$1,721
Property Tax$383
Condo Fees$696
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.6%17
10-Year IRR
8.2%
Returns Index
9.6/ 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
$31,920/yr
NOI
$13,390/yr
Net Cash Flow
-$1,220/mo
Cash Margin
-45.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.0/ 100

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

Comparables

Properties near 3883 Quartz Road 5010

Time

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