5230 Glen Erin Drive 83, Mississauga

$739,900
5230 Glen Erin Drive 83

$739,900

New
25d
Condo Townhouse2-Storey

5230 Glen Erin Drive 83, Mississauga

Total Monthly Obligation $4,149

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
25d
Score
18
Yield
5.2%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Townhouse
MLS® Number-W13838640
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,994 (2025)
Maintenance-$548.54/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious three bedroom, three bathroom condo townhome offering an exceptional opportunity to create the home you've always envisioned. Featuring a very functional layout, a large master bedroom and a large finished basement with endless potential, this property is ideal for first time home buyers or buyers looking to add value through their own updates and personal touches. Being in a prime location, this home is conveniently located close to major highways, major shopping centers, schools, parks, public transit, and everyday amenities, this is a rare chance to secure a generously sized home in a sought-after community at an attractive price. With a little TLC, the possibilities are endless.

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

Closing Costs

Mortgage Amount
$591,920
Land Transfer Taxes$11,273
Legal Fees (Est.)
$
Total cash required for closing$160,753

Total Monthly Obligation

$4,149/mo
Mortgage $2,985
Monthly Loss $3,364
Principal$785
Interest$2,199
Property Tax$416
Condo Fees$549
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.7/ 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
$38,748/yr
NOI
$20,897/yr
Net Cash Flow
-$1,243/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.5/ 100

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

Comparables

Properties near 5230 Glen Erin Drive 83

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.