310 Burnhamthorpe Road W 401, Mississauga

$615,000
310 Burnhamthorpe Road W 401

$615,000

New
2d
Condo Apartment1 Storey/Apt

310 Burnhamthorpe Road W 401, Mississauga

Total Monthly Obligation $3,517

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
2d
Score
19
Yield
5.6%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-W14102550
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,288 (2025)
Maintenance-$562/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-TEAM PANAG REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Experience elevated urban living at Grand Ovation Condos. This property offers a rare combination of space, privacy, and future potential. This stunning 2-bedroom + den, 2-bathroom suite offers 859 sq ft of thoughtfully designed space. Renovated recently and freshly painted, the unit showcases a sleek modern kitchen with refined cabinetry, contemporary countertops, a central island, and newer appliances. Stylish laminate flooring and designer lighting enhance the modern ambiance throughout. The primary bedroom features a walk-in closet and a private ensuite, while the den offers a flexible space for work or relaxation. The 2nd bedroom also features a walk-in closet ideal for everyday family living. A sun-filled and well-sized living area with formal dining space, perfect everyday living and entertaining. Step out onto the private balcony, a serene retreat perfect for unwinding. This property is unique for 5 lockers in the basement with a dedicated locker-room. A dedicated parking spot adds to your convenience, along with shared visitor parking, perfect for guests. Residents also enjoy premium building amenities including a fitness centre,24-hr concierge service, rooftop terrace, party room, game room, BBQ areas, guest suites and washrooms. Located just steps from Square One Shopping Centre and public transit, with quick access to major Highway, and only minutes from grocery stores, dining, daily essentials, top-rated schools, childcare services and parks, this location truly delivers on lifestyle and accessibility. This move-in ready home is rare with comparably lower monthly-fees, find-schedule for showing today and discover the quality, and tranquility it has to offer.

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

Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,517/mo
Mortgage $2,481
Monthly Loss $2,864
Principal$653
Interest$1,828
Property Tax$274
Condo Fees$562
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.0%29
10-Year IRR
9.9%
Returns Index
15.6/ 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
$34,320/yr
NOI
$18,456/yr
Net Cash Flow
-$943/mo
Cash Margin
-33.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.5/ 100

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

Comparables

Properties near 310 Burnhamthorpe Road W 401

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.