28 Ann Street 1315, Mississauga

$549,000
28 Ann Street 1315

$549,000

New
2d
Condo ApartmentApartment

28 Ann Street 1315, Mississauga

Total Monthly Obligation $3,209

Beds
1
Baths
1
Park
0
Sqft
600-699
DOM
2d
Score
18
Yield
5.3%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W14105164
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,503.04 (2026)
Maintenance-$502.57/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Port Credit
Title-Residential Condo & Other

No agent assigned

Welcome to this thoughtfully designed 1-bedroom suite at Westport Condos. Offering 601 sq. ft. of interior living space, plus a private 52 sq. ft. balcony, this is urban living with room to breathe. Step inside, where an carefully planned layout makes every square foot count. The open-concept living, dining, and kitchen areas create an effortless flow, whether you're hosting friends for wine and conversation, settling in for a quiet night, or easing into a slow morning. The separate bedroom provides a comfortable retreat at day's end. In-suite laundry brings everyday convenience, and your private balcony extends the living space outdoors, a natural spot for a breath of fresh air, or a quiet moment above the city. Beyond your front door, Westport brings a distinctly elevated approach to condo living, with thoughtfully curated amenities designed around wellness, connection, and convenience. Imagine starting the day with a workout, finding your focus in a dedicated work space, or winding down on the rooftop terrace, where lounge areas and BBQ spaces set the scene for relaxed evenings and effortless entertaining. Then there's Port Credit itself, a neighbourhood that makes staying local feel like a luxury. Wander toward the waterfront, spend afternoons along scenic trails, discover independent cafés and restaurants, or linger over dinner on a favourite patio. With Port Credit GO Station nearby and convenient access to the QEW and the Hurontario corridor, the morning commute and weekend escape are equally well connected. Whether you're taking the exciting first step into homeownership, trading a larger space for a more connected, low-maintenance lifestyle, or seeking a well-located addition to your investment portfolio, this suite offers an appealing balance of functionality, lifestyle, and location. A smartly designed suite in a vibrant lakeside neighbourhood.

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

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$3,209/mo
Mortgage $2,215
Monthly Loss $2,626
Principal$583
Interest$1,632
Property Tax$292
Condo Fees$503
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.8/ 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
$29,160/yr
NOI
$14,310/yr
Net Cash Flow
-$1,022/mo
Cash Margin
-42.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.6/ 100

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

Comparables

Properties near 28 Ann Street 1315

Time

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Data last updated within the past 24 hours.