4640 Kimbermount Avenue 305, Mississauga

$349,000
4640 Kimbermount Avenue 305

$349,000

New
21d
Condo ApartmentApartment

4640 Kimbermount Avenue 305, Mississauga

Total Monthly Obligation $2,660

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
21d
Score
21
Yield
8.4%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Condo Apartment
MLS® Number-W13855594
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,469.45 (2025)
Maintenance-$846/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-IMMED
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Recently renovated**** Priced to sell. 1 + Den Unit with balcony large open concept and bright. SS appliances, Completed Probate process . Adult Lifestyle, 55+, 8 Story Condo 64 units is connected to Amica Erin Mills Long term care Res. Meals can be purchased from Amica. Walk to Erin Mills town Center, Walk to Credit Valley Hospital, Transit, Restaurants,Grocery etc. Loads of Amenities: Indoor Pool, Party/Social Rm, GUEST SUITES, Visitor Parking. Maintence Fees include most major things: Heat/Water/A/C/Cable

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

Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,660/mo
Mortgage $1,408
Monthly Loss $2,289
Principal$370
Interest$1,037
Property Tax$206
Condo Fees$846
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
10.2%37
10-Year IRR
11.1%
Returns Index
19.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$29,220/yr
NOI
$11,277/yr
Net Cash Flow
-$468/mo
Cash Margin
-19.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.6/ 100

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

Comparables

Properties near 4640 Kimbermount Avenue 305

Time

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Data last updated within the past 24 hours.