3883 Quartz Road 205, Mississauga

$739,000
3883 Quartz Road 205

$739,000

New
16d
Condo ApartmentApartment

3883 Quartz Road 205, Mississauga

Total Monthly Obligation $4,448

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
16d
Score
17
Yield
5.7%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-W13872756
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$4,972.88 (2025)
Maintenance-$852.99/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAKER REAL ESTATE INCORPORATED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/Tba
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Rare 3-Bedroom Corner Unit at M City 2! Welcome to Unit 205 - a beautifully upgraded 3-bedroom, 2-bathroom suite offering 1,084 sqft of interior space plus a 234 sqft wrap-around balcony with southeast exposure. This thoughtfully designed layout is ideal for families or professionals seeking both space and style in the heart of Mississauga. Enjoy a bright, open-concept living space with tons of upgrades throughout, including quartz countertops, built-in stainless steel appliances, upgraded fixtures, and premium finishes. The modern kitchen flows seamlessly into the living and dining areas-perfect for entertaining or relaxing. All three bedrooms are generously sized, and each features a walk-in closet-a rare and highly sought-after feature in condo living. The primary suite includes a private ensuite with elegant finishes and great storage. Step outside to your oversized wrap-around balcony with southeast views-ideal for enjoying the morning sun, fresh air, or evening gatherings. Additional features include: one parking space, locker available for purchase, and the unit is pre-wired for a smart home monitoring system. M City 2 offers world-class amenities including a saltwater swimming pool, fitness centre, lounges, kids' play zones, and more. Just steps from Square One, restaurants, transit, parks, and major highways, this location is as convenient as it is vibrant. Parking maintenance included in the maintenance fees.

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

Closing Costs

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$4,448/mo
Mortgage $2,981
Monthly Loss $3,664
Principal$784
Interest$2,196
Property Tax$414
Condo Fees$853
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
13.0/ 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
$41,988/yr
NOI
$20,180/yr
Net Cash Flow
-$1,299/mo
Cash Margin
-37.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 3883 Quartz Road 205

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.