65 Watergarden Drive 1404, Mississauga

$655,000
65 Watergarden Drive 1404

$655,000

New
9d
Condo ApartmentApartment

65 Watergarden Drive 1404, Mississauga

Total Monthly Obligation $3,970

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
9d
Score
16
Yield
5.1%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-W14084112
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,221.06 (2026)
Maintenance-$776.64/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Hurontario
Title-Residential Condo & Other

No agent assigned

Welcome to this exceptional corner suite at Pinnacle Uptown Perla! This bright and spacious 2-bedroom + den, 2-bathroom residence is located on the 14th floor and offers approximately 983 sq. ft. of interior living space plus a 99 sq. ft. private balcony, showcasing breathtaking southwest-facing unobstructed panoramic views. The thoughtfully designed open-concept layout features 9-ft ceilings and expansive floor-to-ceiling windows that fill the home with natural light. The contemporary kitchen is equipped with quartz countertops, stainless steel appliances, and ample cabinetry for all your storage needs. Both bedrooms are generously sized, while the large den provides the perfect space for a home office or guest room. One parking space and one locker are included. Residents enjoy premium amenities including a 24-hour concierge, indoor pool, fitness center, library, study room, games lounge, and outdoor BBQ terrace. Conveniently located along the future Hazel McCallion LRT, just minutes from Square One, GO Transit, Highway 403, parks, schools, restaurants, and shopping. Maintenance fees include Rogers high-speed internet.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$524,000
Land Transfer Taxes$9,575
Legal Fees (Est.)
$
Total cash required for closing$142,075

Total Monthly Obligation

$3,970/mo
Mortgage $2,642
Monthly Loss $3,275
Principal$695
Interest$1,947
Property Tax$352
Condo Fees$777
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.1%14
10-Year IRR
7.7%
Returns Index
8.5/ 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
$33,504/yr
NOI
$14,213/yr
Net Cash Flow
-$1,458/mo
Cash Margin
-52.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
20.3/ 100

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

Comparables

Properties near 65 Watergarden Drive 1404

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.