320 City Centre Drive 109, Mississauga

$429,999
320 City Centre Drive 109

$429,999

New
8d
Condo ApartmentApartment

320 City Centre Drive 109, Mississauga

Total Monthly Obligation $2,737

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
20
Yield
6.4%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-W14084642
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,729.4 (2026)
Maintenance-$575/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CITYVIEW REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Rarely offered ground level Garden Villa in prime location in the heart of Mississauga's city centre. New laminate flooring throughout, freshly painted and electrical fixtures throughout. 10ft ceilings throughout. Open concept living/dining room with new laminate flooring walking out to a private stunning terrace. Spacious primary bedroom with large, mirrored closet and California shutters. Open Concept Den big enough for second BR or office. Two main access doors via terrace or from inside living arts tower. Steps to square one mall, ymca, highway 403/407, restaurants, public transit. Amenities include gym, pool, party room, 24 hour security.

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

Closing Costs

Mortgage Amount
$343,999
Land Transfer Taxes$5,075
Legal Fees (Est.)
$
Total cash required for closing$92,575

Total Monthly Obligation

$2,737/mo
Mortgage $1,734
Monthly Loss $2,281
Principal$456
Interest$1,278
Property Tax$227
Condo Fees$575
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%29
10-Year IRR
10.0%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,444/yr
NOI
$12,670/yr
Net Cash Flow
-$679/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.5/ 100

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

Comparables

Properties near 320 City Centre Drive 109

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.