700 Constellation Drive 2009, Mississauga

$450,000
700 Constellation Drive 2009

$450,000

New
3d
Condo ApartmentApartment

700 Constellation Drive 2009, Mississauga

Total Monthly Obligation $3,750

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
3d
Score
19
Yield
9.1%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-W14099312
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,288 (2026)
Maintenance-$1,461.09/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX REALTRON BARRY COHEN HOMES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Hurontario
Title-Residential Condo & Other

No agent assigned

Fabulous Offering at 700 Constellation Drive! Rarely Available Corner Penthouse Suite with Breathtaking, Unobstructed Views Stretching as Far as the Eye Can See. This Sun-Drenched 1,403 Sq. Ft. Residence Offers a Spacious Open-Concept Layout, Perfectly Designed for Both Comfortable Everyday Living and Effortless Entertaining. The Well-Appointed Kitchen Features a Centre Island with Breakfast Bar and Ample Workspace. Desirable Split-Bedroom Floor Plan Provides Exceptional Privacy. Hardwood Floors In Principal Rooms. The Expansive Primary Retreat Boasts a Large Walk-In Closet and Five-Piece Ensuite. Enjoy Abundant Storage Throughout and Step Outside to a Spectacular Wrap-Around Balcony Showcasing Stunning Southwest Views. Experience Resort-Style Living at Highly Sought-After Constellation Place, Offering Exceptional Amenities Including an Indoor Pool, Fitness Centre, Sauna, Tennis/Pickleball Court, Party Room and More. Ideally Located Just Minutes to Square One Shopping Centre, Heartland Town Centre, Major Highways, Transit, Restaurants and Everyday Conveniences.

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

Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$3,750/mo
Mortgage $1,815
Monthly Loss $3,273
Principal$478
Interest$1,338
Property Tax$274
Condo Fees$1,461
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.8%34
10-Year IRR
10.9%
Returns Index
17.7/ 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
$41,148/yr
NOI
$13,812/yr
Net Cash Flow
-$664/mo
Cash Margin
-19.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.4/ 100

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

Comparables

Properties near 700 Constellation Drive 2009

Time

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