3985 Grand Park Drive 302, Mississauga

$624,900
3985 Grand Park Drive 302

$624,900

New
9d
Condo Apartment1 Storey/Apt

3985 Grand Park Drive 302, Mississauga

Total Monthly Obligation $4,000

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
16
Yield
5.6%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-W14033534
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$4,318.97 (2026)
Maintenance-$919.4/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Welcome to 3985 Grand Park Drive, a bright and spacious condo offering an exceptional blend of comfort and convenience in the heart of Mississauga. The thoughtfully designed open-concept layout features an expansive kitchen overlooking the generous living area, creating the perfect space for everyday living and entertaining. Step outside to the oversized private terrace, an incredible extension of your living space that's ideal for outdoor dining, relaxing, gardening, or hosting family and friends. At 10.95 x 2.51 meters there's lots of outdoor space.Also off of the second bedroom is a smaller terrace with views of the city for guests to enjoy! Located in the sought-after Pinnacle Grand Park community, you'll enjoy premium building amenities and an unbeatable location just minutes from Square One Shopping Centre, Celebration Square, parks, restaurants, transit, and major highways. Whether you're a first-time buyer, downsizer, or investor, this rare offering combines spacious indoor living with an extraordinary outdoor retreat in one of Mississauga's most desirable neighbourhoods.

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

Closing Costs

Mortgage Amount
$499,920
Land Transfer Taxes$8,973
Legal Fees (Est.)
$
Total cash required for closing$135,453

Total Monthly Obligation

$4,000/mo
Mortgage $2,521
Monthly Loss $3,337
Principal$663
Interest$1,857
Property Tax$360
Condo Fees$919
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.2%15
10-Year IRR
7.9%
Returns Index
8.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,884/yr
NOI
$13,644/yr
Net Cash Flow
-$1,384/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.2/ 100

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

Comparables

Properties near 3985 Grand Park Drive 302

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.