2575 Parmeer Drive 2, Mississauga

$768,800
2575 Parmeer Drive 2

$768,800

New
9d
Condo Townhouse2-Storey

2575 Parmeer Drive 2, Mississauga

Total Monthly Obligation $4,076

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
17
Yield
4.7%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-W14034204
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,094.1 (2025)
Maintenance-$433.26/mo
Locker-None
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP KINGS CROSS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-Erindale
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully upgraded 3-bedroom, 2 bathroom, 2-storey townhouse nestled in a quiet, family-oriented neighbourhood. Thoughtfully renovated with style and function in mind, this home features a stunning modern kitchen complete with stainless steel appliances, quartz countertops, and a sleek designer backsplash-perfect for both everyday living and entertaining. The main level showcases elegant new hardwood flooring, while both bathrooms have been fully renovated with contemporary, high-quality finishes, offering a refined and move-in-ready experience. Step outside to your own private backyard retreat-ideal for summer evenings, with ample space for BBQ dining and outdoor lounging. Perfectly situated within walking distance to Huron Park, scenic trails, and top-rated elementary and high schools. Just minutes to Square One Shopping Centre and major highways including the 403 and QEW, providing seamless access to all amenities. An exceptional opportunity for discerning buyers-ideal for young families or those seeking to downsize without compromising on quality, comfort, or location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$615,040
Land Transfer Taxes$11,851
Legal Fees (Est.)
$
Total cash required for closing$167,111

Total Monthly Obligation

$4,076/mo
Mortgage $3,101
Monthly Loss $3,260
Principal$816
Interest$2,285
Property Tax$341
Condo Fees$433
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.9%23
10-Year IRR
9.0%
Returns Index
12.5/ 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
$36,168/yr
NOI
$20,858/yr
Net Cash Flow
-$1,363/mo
Cash Margin
-45.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.6/ 100

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

Comparables

Properties near 2575 Parmeer Drive 2

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.