220 Forum Drive 1301, Mississauga

$549,900
220 Forum Drive 1301

$549,900

Price Change
24d
Condo ApartmentApartment

220 Forum Drive 1301, Mississauga

Total Monthly Obligation $3,514

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
18
Yield
6.4%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-W13841082
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,448.65 (2026)
Maintenance-$808.72/mo
Locker-Owned
Parking-1 - Underground
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-AFFINITY GROUP PINNACLE REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Foundation-Concrete
Possession-Negotiable
Neighbourhood-Hurontario
Title-Residential Condo & Other

No agent assigned

Welcome to Tuscany Gates at 220 Forum Drive! This large Unit Boasts Exceptional Panoramic City and Lake Views! We offer a beautifully spacious 2-bedroom + Den, with two 4 piece bathrooms condo unit in the sought after Tuscany Gates community, offering approx. 1040 sq ft of bright, well-designed living space. This unit features a wonderful open concept floorpan with a Large 90 square foot Corner Balcony allowing you to enjoy those wonderful south, south-west, and south-east lake and skyline views. This wonderful condominium be.nefits from the spacious layout, fresh paint throughout the unit. You will appreciate the convenience of ensuite laundry. The unit also includes one parking spot and TWO OWNED STORAGE LOCKERS. Maintenance fees cover heat, water, central air, parking, building insurance, and common elements. This is an exceptionally friendly and well-maintained building boasting close proximity to schools, transit, shopping, restaurants, highways, medical facilities, entertainment, sports and so much more! Get ready to enjoy truly wonderful condo life in the Heart of Mississauga. Tuscany Gate also features additional excellent amenities such as a large playground area for the kids, community BBQ area, outdoor pool and patio, gym, party room, billiards and games room!

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,514/mo
Mortgage $2,218
Monthly Loss $2,931
Principal$584
Interest$1,634
Property Tax$287
Condo Fees$809
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
10.0%
Returns Index
15.3/ 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
$35,256/yr
NOI
$16,177/yr
Net Cash Flow
-$870/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
23.3/ 100

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

Comparables

Properties near 220 Forum Drive 1301

Time

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Data last updated within the past 24 hours.