3525 Kariya Drive 1608, Mississauga

$559,900
3525 Kariya Drive 1608

$559,900

New
6d
Condo ApartmentApartment

3525 Kariya Drive 1608, Mississauga

Total Monthly Obligation $3,372

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
6d
Score
19
Yield
6.1%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-W14091604
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,308 (2026)
Maintenance-$638/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Prime Location Within Walking Distance To Square One, Mississauga City Centre, Shopping, Transit, Elm Public School And Steps To The New LRT Line. Bright & Spacious Condo In A Luxurious Building. 9 Ft Floor-To-Ceiling Windows Highlight The Stylish Decor. Open Concept Living Area. Modern Kitchen With Eat-At Island, Granite Counter, Tiled Backsplash & Stainless Steel Appliances. Master Bedroom Features Large Walk-In Closet & 4-Pc Ensuite; Good Size 2nd Bedroom. Den Is An Ideal Added Bonus. Nice Size Balcony With Good View To Complete The Dream. Ideal Place To Call Home Or As An Investment.

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$3,372/mo
Mortgage $2,258
Monthly Loss $2,778
Principal$594
Interest$1,664
Property Tax$276
Condo Fees$638
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
17.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,284/yr
NOI
$17,492/yr
Net Cash Flow
-$801/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
24.4/ 100

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

Comparables

Properties near 3525 Kariya Drive 1608

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.