5530 GLEN ERIN Drive 42, Mississauga

$819,000
5530 GLEN ERIN Drive 42

$819,000

New
3d
Condo Townhouse2-Storey

5530 GLEN ERIN Drive 42, Mississauga

Total Monthly Obligation $4,348

HausQ Valuation Report
Beds
3
Baths
4
Park
1
Sqft
1400-1599
DOM
3d
Score
18
Yield
4.9%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Townhouse
MLS® Number-W14097830
Beds-3
Bathrooms-4
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$5,276.32 (2026)
Maintenance-$405.02/mo
Locker-None
Parking-2 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

**Space, Style & Location!** Beautifully renovated 3-bedroom, 4-bathroom end-unit townhome offering a semi-detached feel in the sought-after John Fraser/Gonzaga school area. Features a renovated kitchen with granite countertops, stainless steel appliances and brand-new cooktop (2026), plus a private deck. The **finished walkout basement features a 2-piece bathroom**,offering flexible space for a recreation room, home office or extended family. King-sized primary bedroom with walk-in closet and private ensuite. Recent upgrades include furnace (2026), driveway and garage door (2025), and washer (2022). Enjoy green space behind, a playground across, and low maintenance fees covering lawn care, snow removal, roof, windows and more. Close to top-rated schools, parks, shopping, Streetsville GO, transit and highways 403/401.**Move-in ready and packed with value, book your private showing today!**

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,348/mo
Mortgage $3,304
Monthly Loss $3,479
Principal$869
Interest$2,434
Property Tax$440
Condo Fees$405
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.3/ 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
$40,272/yr
NOI
$23,708/yr
Net Cash Flow
-$1,328/mo
Cash Margin
-39.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.0/ 100

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

Comparables

Properties near 5530 GLEN ERIN Drive 42

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.