6625 Falconer Drive 38, Mississauga

$899,900
6625 Falconer Drive 38

$899,900

New
22d
Condo Townhouse3-Storey

6625 Falconer Drive 38, Mississauga

Total Monthly Obligation $4,617

Beds
3
Baths
3
Park
2
Sqft
1600-1799
DOM
22d
Score
16
Yield
4.2%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Townhouse
MLS® Number-W13847746
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-New
Taxes-$5,624.45 (2026)
Maintenance-$318.59/mo
Locker-None
Parking-3 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stone, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Streetsville
Title-Residential Condo & Other

No agent assigned

A true gem, this exceptional end-unit town-home boasts one of the most desirable locations within the complex, tucked away in a quiet, modern enclave in the highly sought-after Village of Streetsville. Offering 3 bedrooms and 3 bathrooms, this beautifully maintained home enjoys a premium setting backing onto Meadow on the Green Park, featuring four tennis courts, a baseball diamond, and a children's playground. Nature enthusiasts will appreciate being just a short walk from the scenic Credit River and its extensive network of walking and cycling trails. The bright and spacious main living level showcases an open-concept design with soaring 9-foot ceilings and windows on three sides, filling the home with natural light. The inviting living and dining areas flow seamlessly into the updated kitchen, creating the perfect space for everyday living and entertaining. The generous dining area accommodates a large family-sized table, ideal for hosting gatherings. The versatile ground-level space offers endless possibilities and can serve as a family room, home office, guest bedroom, gym, or recreation area. With approximately 1,672 square feet of thoughtfully designed living space, this home combines comfort, functionality, and style. Additional highlights include low maintenance fees, parking for three vehicles with a private garage and two-car driveway, plus ample visitor parking throughout the complex. Families will appreciate being within the highly regarded St. Aloysius Gonzaga Secondary School district, with school bus transportation available to local elementary schools and St. Aloysius Gonzaga. Known as "The Village in the City," Streetsville offers a unique blend of small-town charm and urban convenience, with historic architecture, boutique shops, cafes, restaurants, community events, and a vibrant village atmosphere-all just moments from major highways, transit, and everyday amenities.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,617/mo
Mortgage $3,630
Monthly Loss $3,662
Principal$955
Interest$2,675
Property Tax$469
Condo Fees$319
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.2/ 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
$37,680/yr
NOI
$22,064/yr
Net Cash Flow
-$1,791/mo
Cash Margin
-57.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 6625 Falconer Drive 38

Time

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