5255 Palmetto Place 155, Mississauga

$869,000
5255 Palmetto Place 155

$869,000

New
21d
Condo Townhouse2-Storey

5255 Palmetto Place 155, Mississauga

Total Monthly Obligation $4,508

HausQ Valuation Report
Bed+Den
4+1
Baths
4
Park
1
Sqft
1800-1999
DOM
21d
Score
17
Yield
4.4%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.3%
Property Type-Condo Townhouse
MLS® Number-W13856310
Bed+Den-4+1
Bathrooms-4
Size-1800-1999 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$5,100 (2025)
Maintenance-$378.17/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REALTY WEALTH GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Churchill Meadows
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious and beautifully maintained townhouse in the highly sought-after Churchill Meadows community of Mississauga! Offering approximately 1,900 sq. ft. of living space this home features 3 bedrooms, 3 bathrooms, and a fully finished basement with one bedroom and 3-piece bath. The main floor offers a bright, functional layout with combined living and dining areas, perfect for entertaining. The modern kitchen features built-in stainless-steel appliances and a convenient breakfast area overlooking the backyard. Upstairs, the spacious primary bedroom offers a comfortable retreat with a private 3-piece ensuite, while two additional bedrooms are served by a separate 3-piece bathroom. All rooms have hardwood flooring. The finished basement provides valuable additional living space, including an extra room and a 3-piece bathroom-ideal for a home office, guest suite, recreation area, or growing family. Enjoy the convenience of 1-car garage parking plus 1 additional driveway parking space. Ideally located close to top-rated schools, shopping centers, parks, restaurants, transit, and major amenities. Enjoy everything Churchill Meadows has to offer in this wonderful family-friendly neighborhoods. A fantastic opportunity to own a spacious townhouse in a prime Mississauga location!

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Closing Costs

Mortgage Amount
$695,200
Land Transfer Taxes$13,855
Legal Fees (Est.)
$
Total cash required for closing$189,155

Total Monthly Obligation

$4,508/mo
Mortgage $3,505
Monthly Loss $3,586
Principal$922
Interest$2,583
Property Tax$425
Condo Fees$378
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.1/ 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
$38,100/yr
NOI
$22,252/yr
Net Cash Flow
-$1,651/mo
Cash Margin
-52.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.0/ 100

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

Comparables

Properties near 5255 Palmetto Place 155

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.