33 Elm Drive W 2002, Mississauga

$477,000
33 Elm Drive W 2002

$477,000

New
14d
Condo ApartmentApartment

33 Elm Drive W 2002, Mississauga

Total Monthly Obligation $2,905

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
14d
Score
21
Yield
6.6%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-W13883954
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,802 (2025)
Maintenance-$547.25/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Unknown
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to 33 Elm Dr W, where city living meets stunning views! This bright 2 bedroom, 2 bathroom suite offers 711 sq ft of thoughtfully designed space, with natural light pouring into every room. Take in views of the Toronto skyline and the CN Tower from one side and a sparkling glimpse of Lake Ontario from the other. The large kitchen features full-sized appliances, a breakfast bar and plenty of room to cook and gather, while the smart layout makes everyday living feel effortless. Step out onto the spacious balcony to unwind and enjoy the scenery. Residents enjoy an impressive list of amenities, including an indoor pool, gym, sauna, games room and party room. The location is hard to beat: just steps to Square One, Celebration Square, restaurants and entertainment, with easy access to transit and Hwy 403 for a simple commute. Close to schools, parks and everything Mississauga's vibrant City Centre has to offer, this is an ideal unit with nothing to do but move in.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$381,600
Land Transfer Taxes$6,015
Legal Fees (Est.)
$
Total cash required for closing$102,915

Total Monthly Obligation

$2,905/mo
Mortgage $1,924
Monthly Loss $2,399
Principal$506
Interest$1,418
Property Tax$234
Condo Fees$547
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.8%41
10-Year IRR
11.4%
Returns Index
21.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,512/yr
NOI
$16,592/yr
Net Cash Flow
-$541/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.3/ 100

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

Comparables

Properties near 33 Elm Drive W 2002

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.