3555 Derry Road E 402, Mississauga

$399,900
3555 Derry Road E 402

$399,900

Price Change
14d
Condo ApartmentApartment

3555 Derry Road E 402, Mississauga

Total Monthly Obligation $2,843

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
14d
Score
24
Yield
8.7%
Cash on Cash
2.9%
Cap Rate
5.2%
5Y IRR
17.9%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-W13884028
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,756 (2026)
Maintenance-$884/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ESTATE #1 REALTY SERVICES INC.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Malton
Title-Residential Condo & Other

No agent assigned

Bright and spacious 3-bedroom and 2 washroom condo in a well-managed building, offering exceptional value and convenience in the heart of Malton. This functional layout features a large open-concept living and dining area with walk-out to a private balcony.Full kitchen upgrades with new appliances done in 2020, New washer (2024), Updated kitchen with ample cabinet space, generous bedrooms with double closets, and a clean, well-maintained interior ideal for first-time buyers, downsizers, or investors.Maintenance fee includes heat, hydro, water, internet, cable TV, and building insurance-an unbeatable all-inclusive package. Building amenities include an outdoor pool, gym, party room, visitor parking, and on-site security. Steps to transit, schools, parks, shopping, Westwood Mall, and easy access to Hwy 427, 401, and Pearson Airport.A comfortable, move-in-ready home in a prime location with everything you need at your doorstep. Property is currently tenanted for $3000 to a very good tenant and is willing to

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,843/mo
Mortgage $1,613
Monthly Loss $2,419
Principal$424
Interest$1,189
Property Tax$146
Condo Fees$884
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.3%4
5-Year IRR
13.5%61
10-Year IRR
13.6%
Returns Index
31.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$34,800/yr
NOI
$16,556/yr
Net Cash Flow
-$233/mo
Cash Margin
-8.0%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
30.7/ 100

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

Comparables

Properties near 3555 Derry Road E 402

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.