33 Elm Drive W 2806, Mississauga

$459,000
33 Elm Drive W 2806

$459,000

New
17d
Condo ApartmentApartment

33 Elm Drive W 2806, Mississauga

Total Monthly Obligation $2,810

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
17d
Score
18
Yield
5.7%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W13868054
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,882.93 (2026)
Maintenance-$518.43/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/TBA
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Luxury Mid-Penthouse level with high ceiling almost 10 ft. Close to Square One and the bus stop is just outside the building. Steps to future LRT. The underground parking spot is next to the elevator lobby. Saving a lot of time for walking to your car. Spectacular view from the balcony. One locker is included for storage. Amenities including indoor pool, outdoor tub, modern gym, sauna and party room. On-site convenience store.

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

Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,810/mo
Mortgage $1,851
Monthly Loss $2,323
Principal$487
Interest$1,364
Property Tax$240
Condo Fees$518
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.9/ 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
$26,052/yr
NOI
$11,943/yr
Net Cash Flow
-$856/mo
Cash Margin
-39.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.4/ 100

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

Comparables

Properties near 33 Elm Drive W 2806

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.