2665 Thomas Street 34, Mississauga

$859,900
2665 Thomas Street 34

$859,900

Price Change
15d
Condo Townhouse2-Storey

2665 Thomas Street 34, Mississauga

Total Monthly Obligation $4,495

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
15d
Score
17
Yield
4.5%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Condo Townhouse
MLS® Number-W13877980
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$5,417 (2026)
Maintenance-$375/mo
Locker-Owned
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to 2665 Thomas St #34, ideally located in the highly sought-after Central Erin Mills community of Mississauga. This well-connected neighborhood offers a wonderful blend of residential comfort, convenience and family-friendly amenities, making it an excellent place to call home. With a brand new AC, 3 years old Furnace, upgraded vanities and new appliances. Enjoy easy access to everyday shopping and dining at the nearby Glen Erin Shopping Plaza, including Longo's, Starbucks and a variety of restaurants and services. The area is surrounded by parks, green spaces and highly regarded schools, walking distance from elementary and middle schools; Thomas Street Middle School, Castlebridge Public School and John Fraser Secondary School (one of the best in Mississauga) all within the surrounding community. Commuters will appreciate excellent access to public transit, with nearby MiWay bus routes providing convenient connections throughout Mississauga and to major transit hubs. Streetsville GO Station is also just a short drive away, while Highway 403, 401, 407 and the QEW provide convenient connections across Mississauga and the GTA. Set in the desirable Central Erin Mills neighborhood, this location offers the perfect balance of suburban living and urban convenience, with shopping, schools, parks, transit, major highways and countless amenities all close at hand. A fantastic opportunity to live in one of Mississauga's established and sought-after communities. Most of the photos are virtually staged. For a limited time, the seller is offering 6 months of condo fees paid upon closing.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$687,920
Land Transfer Taxes$13,673
Legal Fees (Est.)
$
Total cash required for closing$187,153

Total Monthly Obligation

$4,495/mo
Mortgage $3,469
Monthly Loss $3,582
Principal$913
Interest$2,556
Property Tax$451
Condo Fees$375
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 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
$38,868/yr
NOI
$22,664/yr
Net Cash Flow
-$1,580/mo
Cash Margin
-48.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.1/ 100

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

Comparables

Properties near 2665 Thomas Street 34

Time

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Data last updated within the past 24 hours.