2495 Eglinton Avenue W 1606, Mississauga

$529,900
2495 Eglinton Avenue W 1606

$529,900

New
3d
Condo ApartmentApartment

2495 Eglinton Avenue W 1606, Mississauga

Total Monthly Obligation $3,258

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
3d
Score
20
Yield
6.4%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-W14104982
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$4,144 (2026)
Maintenance-$575.53/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-THE DANIELS REALTY CORPORATION
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding, Concrete Poured
Possession-60-90 days
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

New 2 Bedroom unit at Kindred Condominiums by award-winning developer/builder, The Daniels Corporation, BILD's 2025 Home Builder of the Year. Live in a multi-generational community in a suite with 777 Sq.Ft. 60 sq.ft. outdoor space with a South West facing view. Great layout; perfect for first time buyers, families, downsizers. Enjoy access to the resident-exclusive amenities at The Kin Club including a Co-Working Lounge, Party Room, Games Lounge, Fitness Centre, Yoga Studio, Pet Wash Station, Outdoor Terrace and more. Located in the Daniels Erin Mills community in an unbeatable location steps from Credit Valley Hospital, LifeLabs, Erin Mills Town Centre, Loblaws, and Walmart. Easy access to Highway 403, Erin Mills Station, and both Streetsville and Clarkson GO Stations makes getting around seamless. Top-rated schools such as John Fraser Secondary School and the University of Toronto Mississauga are just minutes away. This is a brand new unit that is eligible for the newly announced government HST rebate program and Tarion New Home Warranty program.

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,258/mo
Mortgage $2,137
Monthly Loss $2,696
Principal$562
Interest$1,575
Property Tax$345
Condo Fees$576
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.0%35
10-Year IRR
10.8%
Returns Index
18.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,092/yr
NOI
$17,232/yr
Net Cash Flow
-$701/mo
Cash Margin
-24.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
25.4/ 100

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

Comparables

Properties near 2495 Eglinton Avenue W 1606

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.