30 Elm Drive W 3006, Mississauga

$509,999
30 Elm Drive W 3006

$509,999

Price Change
24d
Condo ApartmentApartment

30 Elm Drive W 3006, Mississauga

Total Monthly Obligation $3,158

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
24d
Score
17
Yield
5.1%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Condo Apartment
MLS® Number-W13841998
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,753 (2026)
Maintenance-$588.46/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Fairview
Title-Residential Condo & Other

No agent assigned

Welcome to Solmar Edge Tower 2, offering spacious and modern luxury living in the heart of Mississauga City Centre. This stunning 1+Den layout features 2 full bathrooms and an open-concept design that seamlessly combines the living and dining areas. The versatile den, complete with French doors and a full bathroom, offers incredible flexibility as a second bedroom, home office, or guest suite.The spacious primary bedroom features a large closet and private ensuite. Enjoy unobstructed lake and city views directly from your balcony. The sleek, contemporary kitchen boasts built-in appliances and quartz countertops, perfectly complementing the modern aesthetic. Floor-to-ceiling windows fill the space with natural light, while the carpet-free interior enhances the clean, sophisticated feel.Ideally located just steps from Square One, Celebration Square, the future Hurontario LRT, and Sheridan College.

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Closing Costs

Mortgage Amount
$407,999
Land Transfer Taxes$6,675
Legal Fees (Est.)
$
Total cash required for closing$110,175

Total Monthly Obligation

$3,158/mo
Mortgage $2,057
Monthly Loss $2,617
Principal$541
Interest$1,516
Property Tax$313
Condo Fees$588
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.5%13
10-Year IRR
7.3%
Returns Index
7.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,052/yr
NOI
$10,232/yr
Net Cash Flow
-$1,205/mo
Cash Margin
-55.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
24.3/ 100

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

Comparables

Properties near 30 Elm Drive W 3006

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.

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Data last updated within the past 24 hours.