36 Elm Drive W 2607, Mississauga

$639,900
36 Elm Drive W 2607

$639,900

New
22d
Condo ApartmentApartment

36 Elm Drive W 2607, Mississauga

Total Monthly Obligation $3,781

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
22d
Score
17
Yield
5.1%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-W13851988
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,766 (2025)
Maintenance-$602.86/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Fairview
Title-Residential Condo & Other

No agent assigned

Brand New 2 Bedroom + Den, 2 Bathroom suite at Edge Towers, complete with parking and locker. Enjoy bright south and clear west views from this modern residence. Features include 9-ft smooth ceilings, premium laminate flooring, ceramic flooring in bathrooms and laundry, and a luxury kitchen with integrated/stainless steel appliances, quartz countertops, ceramic backsplash, kitchen island, stainless steel undermount sink and pull-out spray faucet. Full-size stackable washer and dryer included. Prime location just steps from Square One and Celebration Square, with easy access to Whole Foods, Walmart, restaurants, cafés, Cooksville GO Station and the future Hurontario LRT. Convenient access to major highways including the 401, 403, 407, 410 and QEW. Enjoy exceptional building amenities including 24-hour concierge, elegant lobby with fireplace and vaulted ceilings, rooftop terrace, fitness centre, yoga studio, Wi-Fi lounge, theatre, games room, party room with BBQs and guest suites. Free Closing Cost Bundle and direct-to-final closing, avoiding occupancy fees.* Maintenance includes heat, water and unlimited internet.

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

Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,781/mo
Mortgage $2,581
Monthly Loss $3,102
Principal$679
Interest$1,902
Property Tax$397
Condo Fees$603
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%17
10-Year IRR
8.2%
Returns Index
9.9/ 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
$32,856/yr
NOI
$15,170/yr
Net Cash Flow
-$1,317/mo
Cash Margin
-48.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
21.3/ 100

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

Comparables

Properties near 36 Elm Drive W 2607

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.