615 Shoreline Drive 16, Mississauga

$625,000
615 Shoreline Drive 16

$625,000

New
17d
Condo TownhouseStacked Townhouse

615 Shoreline Drive 16, Mississauga

Total Monthly Obligation $3,498

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
17d
Score
19
Yield
5.4%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Townhouse
MLS® Number-W13867594
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-16-30
Taxes-$3,775.02 (2026)
Maintenance-$462/mo
Locker-None
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Cooksville
Title-Residential Condo & Other

No agent assigned

Room to live, a rooftop to unwind, and Cooksville right outside your door. Welcome to 615 Shoreline Dr #16: a spacious 2-bedroom, 2-bathroom home with 1,070 sq ft, two parking spots and a private rooftop patio, near Dundas and Mavis.Inside, there's real room for family life: space to cook, host, work from home, and give everyone their own corner. Then head up to the rooftop. BBQ with friends, start the weekend with coffee in the sun, or end a long day watching the sunset, all without a yard to maintain.This is a neighbourhood built for everyday life. Huron Park and the Huron Park Recreation Centre, with skating, swimming and fitness programs, are a short walk away, along with Stillmeadow Park and Sgt. David Yakichuk Park. Want a weekend escape? Port Credit's waterfront and Lake Ontario trails are a short drive.Commuting is easy. Cooksville GO keeps downtown within reach, Hwy 403, QEW, 401 and 407 are minutes away, and a MiWay stop is a short walk. The Hurontario LRT also adds a new rapid-transit link through Cooksville. Loblaws, LCBO, Canadian Tire, banks, Square One and Cooksville's restaurants are all close, so errands stay quick and weekends stay yours.For first-time buyers, couples and growing families, this is a strong mix of space, parking, outdoor living and location. Come see it for yourself.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,498/mo
Mortgage $2,521
Monthly Loss $2,834
Principal$663
Interest$1,858
Property Tax$315
Condo Fees$462
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$33,816/yr
NOI
$18,715/yr
Net Cash Flow
-$961/mo
Cash Margin
-34.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 615 Shoreline Drive 16

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.