5530 Glen Erin Drive 76, Mississauga

$789,000
5530 Glen Erin Drive 76

$789,000

New
3d
Condo Townhouse2-Storey

5530 Glen Erin Drive 76, Mississauga

Total Monthly Obligation $4,100

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
3d
Score
19
Yield
5.1%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Townhouse
MLS® Number-W14099510
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,818 (2025)
Maintenance-$315.69/mo
Locker-None
Parking-2 - Built-In
Basement-Partially Finished, Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-Affinity Real Estate
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Shingles
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

PRIME CENTRAL ERIN MILLS LOCATION with RENOVATED KITCHEN & WALKOUT BASEMENT! Set in a lush, forested neighbourhood surrounded by mature trees and green space. This beautifully maintained home is tucked away on a quiet, family-friendly cul-de-sac in one of Mississauga's most sought-after neighbourhoods. Located in a well-managed community with low condo fees, this 3-bedroom, 2.5-bathroom townhouse offers a functional layout designed for today's lifestyle. Pets are allowed. The main floor features a newly renovated kitchen and inviting living and dining areas, ideal for everyday living and entertaining. Upstairs, the spacious primary bedroom boasts a walk-in closet and private ensuite, complemented by two additional bedrooms and modernized bathrooms. The walkout basement is currently used as a recreation room and offers endless possibilities to create your ideal additional living space. Nestled within a predominantly owner-occupied community known for its pride of ownership, this home is surrounded by top-ranked schools, including John Fraser Secondary School (ranked among Ontario's top 4%), St. Aloysius Gonzaga Catholic Secondary School, Thomas Street Middle School, Middlebury Public School, and Divine Mercy Catholic School. Steps from Sugar Maple Woods, featuring scenic forested walking trails and lush green space, and minutes to Erin Mills Town Centre, Credit Valley Hospital, supermarkets, restaurants, parks, and Erin Meadows Community Centre. Enjoy convenient access to public transit, Streetsville GO Station, the University of Toronto Mississauga, and Highways 403 and 407. Offering an exceptional combination of modern updates, excellent schools, and everyday convenience, this is a fantastic opportunity to own in the heart of Central Erin Mills. Come experience it in person!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$631,200
Land Transfer Taxes$12,255
Legal Fees (Est.)
$
Total cash required for closing$171,555

Total Monthly Obligation

$4,100/mo
Mortgage $3,183
Monthly Loss $3,262
Principal$837
Interest$2,345
Property Tax$402
Condo Fees$316
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.6/ 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
$40,272/yr
NOI
$25,239/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-32.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.4/ 100

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

Comparables

Properties near 5530 Glen Erin Drive 76

Time

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Data last updated within the past 24 hours.