3556 Colonial Drive 4, Mississauga

$625,000
3556 Colonial Drive 4

$625,000

Price Change
17d
Condo Townhouse2-Storey

3556 Colonial Drive 4, Mississauga

Total Monthly Obligation $3,529

HausQ Valuation Report
Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
17d
Score
18
Yield
5.4%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Townhouse
MLS® Number-W13870074
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$4,207.82 (2025)
Maintenance-$457.34/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Only 3 years old and highly upgraded stunning townhouse features a modern and functional open-concept layout with large windows providing abundant natural light. Freshly Painted. Most popular Skyway model. The main floor boasts wide plank engineered laminate flooring, while the upgraded kitchen is equipped with quartz countertops, a ceramic tile backsplash, and stainless steel appliances. Upstairs, the spacious master bedroom includes a 4-piece ensuite, with a second full bathroom and laundry on the second floor. Enjoy the added luxury of a private rooftop terrace, perfect for entertaining or relaxing outdoors. Located steps from shopping, eateries, Costco, Walmart, U of T, Credit Valley Hospital, and public transit. Easy access to highways and the new Ridgeway Plaza.

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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

$3,529/mo
Mortgage $2,521
Monthly Loss $2,866
Principal$663
Interest$1,858
Property Tax$351
Condo Fees$457
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
14.9/ 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
$33,852/yr
NOI
$18,371/yr
Net Cash Flow
-$990/mo
Cash Margin
-35.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.3/ 100

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

Comparables

Properties near 3556 Colonial Drive 4

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.