5255 Palmetto Place 11, Mississauga

$858,000
5255 Palmetto Place 11

$858,000

New
7d
Condo Townhouse2-Storey

5255 Palmetto Place 11, Mississauga

Total Monthly Obligation $4,495

Beds
3
Baths
4
Park
1
Sqft
1800-1999
DOM
7d
Score
17
Yield
4.6%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Townhouse
MLS® Number-W14089438
Beds-3
Bathrooms-4
Size-1800-1999 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$5,472 (2026)
Maintenance-$378.19/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-GLOBAL BRICKS EXECUTIVE HOMES REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Possession-Immediate
Neighbourhood-Churchill Meadows
Title-Residential Condo & Other

No agent assigned

End-unit condo townhouse offering 3 bedrooms, 4 bathrooms and a finished basement, with approximately 1,900 sq. ft. of living space, including the basement. Features include a renovated kitchen with quartz countertops and stainless-steel appliances, hardwood flooring on the main and second floors, a built-in garage and a private driveway. The furnace and central air conditioning were replaced in 2022 and conveniently located near Erin Mills Town Centre, Credit Valley Hospital, parks, schools, recreation facilities, public transit and major highways.

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

Closing Costs

Mortgage Amount
$686,400
Land Transfer Taxes$13,635
Legal Fees (Est.)
$
Total cash required for closing$186,735

Total Monthly Obligation

$4,495/mo
Mortgage $3,461
Monthly Loss $3,584
Principal$911
Interest$2,550
Property Tax$456
Condo Fees$378
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.1/ 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
$39,180/yr
NOI
$22,852/yr
Net Cash Flow
-$1,557/mo
Cash Margin
-47.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo34
Risk Index
19.2/ 100

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

Comparables

Properties near 5255 Palmetto Place 11

Time

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Data last updated within the past 24 hours.