4889 Kimbermount Avenue 405, Mississauga

$509,000
4889 Kimbermount Avenue 405

$509,000

New
15d
Condo ApartmentApartment

4889 Kimbermount Avenue 405, Mississauga

Total Monthly Obligation $3,262

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
15d
Score
18
Yield
6.0%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13875342
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,046.12 (2026)
Maintenance-$755.08/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60 days
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

A must see! This 778sf 2 bedroom (split plan), 1 bathroom unit has undergone extensive BRAND NEW updates: new Luxury Vinyl Flooring throughout, professionally painted throughout, professionally refinished Kitchen cabinetry with soft close hinges, new quartz Kitchen counter with oversized stainless steel sink, new Bathroom vanity and Bathroom faucets, and new lighting throughout. This open concept, quiet unit is bright and spacious, facing South overlooking John Pallett Park. Condo fees include all utilities (heat/hydro/water). Location is fantastic with abundant shopping and dining within walking distance, public transit at your doorstep, and Credit Valley Hospital less than 5 minutes away. Enjoy the carefree lifestyle with robust building amenities: 24hr concierge/security, indoor pool & hot tub, gym, exercise room, two party rooms, games room, outdoor patio, and plenty of visitor parking. This address lies within a top ranked school district (Credit Valley Elementary School and John Fraser High School). Underground parking space and locker included. Vacant and ready for your move in! Don't miss this great opportunity for 1st time buyers, empty nesters, or anyone looking for a high quality, low maintenance lifestyle in a high demand community of Mississauga.

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Closing Costs

Mortgage Amount
$407,200
Land Transfer Taxes$6,655
Legal Fees (Est.)
$
Total cash required for closing$109,955

Total Monthly Obligation

$3,262/mo
Mortgage $2,053
Monthly Loss $2,722
Principal$540
Interest$1,513
Property Tax$254
Condo Fees$755
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.5%20
10-Year IRR
8.8%
Returns Index
11.4/ 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
$30,444/yr
NOI
$12,893/yr
Net Cash Flow
-$979/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.1/ 100

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

Comparables

Properties near 4889 Kimbermount Avenue 405

Time

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Data last updated within the past 24 hours.