4879 Kimbermount Avenue 902, Mississauga

$394,000
4879 Kimbermount Avenue 902

$394,000

New
15d
Condo ApartmentApartment

4879 Kimbermount Avenue 902, Mississauga

Total Monthly Obligation $2,691

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
15d
Score
20
Yield
7.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-W13876336
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Lot Size-2.472 Acres
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,636 (2025)
Maintenance-$682/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Foundation-Concrete, Poured Concrete, Steel Frame
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 902 at Papillon Place a bright and spacious 1 Bedroom + Den suite offering comfortable, low-maintenance living in the heart of Central Erin Mills. Located on the 9th floor with desirable west exposure, this well-designed suite enjoys plenty of natural light and peaceful views overlooking the surrounding neighbourhood and green space below. The open-concept living and dining area offers a comfortable setting for everyday living and entertaining, with a walkout to the private balcony - the perfect spot to unwind and enjoy the elevated views. The generously sized primary bedroom features a large window and ample closet space, while the separate den provides valuable flexibility as a home office, nursery, guest area or additional living space. The suite includes in-suite laundry, one underground parking space and one storage locker for added convenience. Utilities are included in the maintenance fees, offering simple and predictable condo living. Papillon Place is a well-managed building with an impressive collection of amenities, including 24-hour concierge, indoor heated pool, hot tub, sauna, fitness centre, virtual golf, billiards, party rooms, rooftop terrace with BBQ area, EV charging and visitor parking. The location is exceptional. Erin Mills Town Centre, Credit Valley Hospital, restaurants, groceries, shops, medical services and public transit are all nearby. Residents also enjoy convenient access to highly regarded local schools including St. Aloysius Gonzaga Secondary School and John Fraser Secondary School, the University of Toronto Mississauga, GO Transit and major highways including the 403, 401, 407 and QEW. A fantastic opportunity for first-time buyers, downsizers, professionals or investors looking for a versatile 1+Den in one of Mississauga's most established and convenient communities. Enjoy the space, the views and everything Central Erin Mills has to offer - right at your doorstep.

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

Closing Costs

Mortgage Amount
$315,200
Land Transfer Taxes$4,385
Legal Fees (Est.)
$
Total cash required for closing$84,685

Total Monthly Obligation

$2,691/mo
Mortgage $1,589
Monthly Loss $2,273
Principal$418
Interest$1,171
Property Tax$220
Condo Fees$682
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.1%30
10-Year IRR
10.2%
Returns Index
15.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,696/yr
NOI
$11,706/yr
Net Cash Flow
-$614/mo
Cash Margin
-26.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.9/ 100

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

Comparables

Properties near 4879 Kimbermount Avenue 902

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.