4090 Living Arts Drive 607, Mississauga

$549,900
4090 Living Arts Drive 607

$549,900

New
22d
Condo ApartmentApartment

4090 Living Arts Drive 607, Mississauga

Total Monthly Obligation $3,538

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
22d
Score
17
Yield
6.0%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13847538
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,720.62 (2026)
Maintenance-$809.44/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Vacant
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Wow! Beautiful, Bright, and Spacious Two-Bedroom, Two-Bathroom Corner Suite Located In Downtown Mississauga's Premier Sq1 Neighbourhood. This immaculate unit features: large open-concept living/Dining With Newly painted Walls and newly installed vinyl flooring, unobstructed park views, and a walkout to the balcony; a modern kitchen with a breakfast bar; and a primary bedroom with a 4-piece ensuite and walk-in closet. Desirable Split-bedroom Layout Offers Privacy And Comfort. Located in front of City Hall, the YMCA, the Centre Library, and the Living Arts Centre, steps from Square One Shopping Centre, Cineplex Cinemas, Restaurants, Sheridan College, the GO and City Bus Main Terminal, and minutes from Highways 403, 410, and 401.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,538/mo
Mortgage $2,218
Monthly Loss $2,954
Principal$584
Interest$1,634
Property Tax$310
Condo Fees$809
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.5%21
10-Year IRR
8.9%
Returns Index
11.4/ 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
$33,120/yr
NOI
$13,974/yr
Net Cash Flow
-$1,054/mo
Cash Margin
-38.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.6/ 100

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

Comparables

Properties near 4090 Living Arts Drive 607

Time

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Data last updated within the past 24 hours.