2177 Burnhamthorpe Road W 1605, Mississauga

$480,000
2177 Burnhamthorpe Road W 1605

$480,000

New
14d
Condo ApartmentApartment

2177 Burnhamthorpe Road W 1605, Mississauga

Total Monthly Obligation $3,477

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
900-999
DOM
14d
Score
19
Yield
7.5%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-W13883362
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,089.64 (2026)
Maintenance-$1,082.88/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-59 Days
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Affordable Opportunity To Own This Well Maintained 2 Bedroom Plus Den Condo In A Safe Secure Gated Community. Tasteful Hardwood Floors Throughout, Painted In A Neutral Tone, With 5 Appliances & Custom Day and Night Blinds. An Absolutely Stunning View Overlooking The Skyline to The North West. Maintenance Fees Include All Utilities Plus Rogers high-Speed Internet, VIP Cable TV, 2 Parking Spots, 1 Locker, 24hr Live security & Access To A Multi-Level Activity Recreation Facility With pool, Basketball Courts, Billiards, Party Room And Exercise Room.

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

Closing Costs

Mortgage Amount
$384,000
Land Transfer Taxes$6,075
Legal Fees (Est.)
$
Total cash required for closing$103,575

Total Monthly Obligation

$3,477/mo
Mortgage $1,936
Monthly Loss $2,967
Principal$510
Interest$1,427
Property Tax$257
Condo Fees$1,083
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.9%29
10-Year IRR
10.1%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,000/yr
NOI
$13,916/yr
Net Cash Flow
-$777/mo
Cash Margin
-25.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.4/ 100

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

Comparables

Properties near 2177 Burnhamthorpe Road W 1605

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.