1100 Caven Street 406, Mississauga

$500,000
1100 Caven Street 406

$500,000

New
4d
Condo ApartmentApartment

1100 Caven Street 406, Mississauga

Total Monthly Obligation $3,609

Beds
3
Baths
2
Park
2
Sqft
900-999
DOM
4d
Score
18
Yield
7.4%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-W14094220
Beds-3
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,688.05 (2025)
Maintenance-$1,167.93/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully renovated condo in the heart of Mississauga, offering modern finishes, spacious living, and exceptional value! Completely renovated from top to bottom, this stunning unit features a bright and inviting open-concept living and dining area with a walkout to a private open balcony, perfect for relaxing or entertaining. The modern kitchen boasts elegant quartz countertops, stainless steel appliances, and stylish finishes throughout. Retreat to the generously sized primary bedroom, complete with an additional private walkout to the balcony, a 2-piece ensuite, and an oversized walk-in closet. Enjoy the rare convenience of TWO exclusive parking spaces! Residents have access to tons of building amenities, adding comfort and convenience to everyday living. BEST OF ALL, the all-inclusive maintenance fees cover HEAT, HYDRO, WATER, CABLE TV & INTERNET! A truly turnkey opportunity offering stylish, worry-free condo living in a desirable Mississauga location. Just move in and enjoy! 3 minute drive to the Lake! Minutes to shopping, waterfront trails, cafes, restaurants, schools, transit & more! *Some photos are virtually staged.

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

Closing Costs

Mortgage Amount
$400,000
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$3,609/mo
Mortgage $2,017
Monthly Loss $3,078
Principal$531
Interest$1,486
Property Tax$224
Condo Fees$1,168
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.8%28
10-Year IRR
10.0%
Returns Index
14.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,164/yr
NOI
$14,344/yr
Net Cash Flow
-$821/mo
Cash Margin
-26.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.7/ 100

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

Comparables

Properties near 1100 Caven Street 406

Time

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Data last updated within the past 24 hours.