1500 Grazia Court 607, Mississauga

$469,900
1500 Grazia Court 607

$469,900

New
23d
Condo ApartmentApartment

1500 Grazia Court 607, Mississauga

Total Monthly Obligation $3,420

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
23d
Score
18
Yield
7.2%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W13844922
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,904.7 (2026)
Maintenance-$1,082/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Real Estate Associates, Larose Team
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Rathwood
Title-Residential Condo & Other

No agent assigned

Welcome to Peppermill Court! This bright and spacious 2-bedroom, 2-bathroom condo offers an excellent opportunity to enjoy generous living space in a well-kept, smaller-scale building. Floor-to-ceiling windows provide an abundance of natural light and pleasant neighbourhood views. Two parking spaces add exceptional convenience and value, particularly compared to many newer buildings. The spacious layout offers plenty of room to live comfortably, with an opportunity to update and personalize to your own taste. Building amenities include a party room and fitness room. Ideally situated in an established Mississauga neighbourhood close to shopping, dining, transit and everyday conveniences. A wonderful combination of space, light and parking in a desirable community!

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

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$3,420/mo
Mortgage $1,895
Monthly Loss $2,921
Principal$499
Interest$1,397
Property Tax$242
Condo Fees$1,082
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.8%22
10-Year IRR
9.3%
Returns Index
12.2/ 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
$33,852/yr
NOI
$12,178/yr
Net Cash Flow
-$881/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.3/ 100

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

Comparables

Properties near 1500 Grazia Court 607

Time

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Data last updated within the past 24 hours.