251 Masonry Way 306, Mississauga

$699,000
251 Masonry Way 306

$699,000

New
17d
Condo ApartmentApartment

251 Masonry Way 306, Mississauga

Total Monthly Obligation $3,728

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
17d
Score
18
Yield
4.8%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13868794
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$2,363 (2025)
Maintenance-$512/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAKER REAL ESTATE INCORPORATED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate/ Tba
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 306 at The Mason, a boutique residence within Brightwater's award-winning waterfront community. This coveted northwest corner suite offers 2 bedrooms, 2 bathrooms, an efficient split bedroom layout, 9ft ceilings, and floor-to-ceiling windows that flood the space with natural light. The primary bedroom features a 3 pc ensuite, while the modern kitchen showcases panelled appliances, quartz counters + matching backsplash, a functional island, and seamless flow into the open concept living area. Step out onto the private west facing balcony, perfect for entertaining or relaxing. Experience resort-style waterfront living while also staying connected with exclusive resident shuttle service to the Port Credit GO Station. Just steps from the lake, parks, trails, Farm Boy, LCBO, restaurants, and everyday conveniences, this is one of Mississauga's most prestigious and exciting master-planned communities!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,728/mo
Mortgage $2,820
Monthly Loss $2,987
Principal$742
Interest$2,078
Property Tax$197
Condo Fees$512
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.6/ 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
$33,216/yr
NOI
$18,987/yr
Net Cash Flow
-$1,237/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.0/ 100

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

Comparables

Properties near 251 Masonry Way 306

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.