2485 Eglinton Avenue W 319, Mississauga

$394,900
2485 Eglinton Avenue W 319

$394,900

New
19d
Condo ApartmentApartment

2485 Eglinton Avenue W 319, Mississauga

Total Monthly Obligation $2,506

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
19d
Score
20
Yield
6.5%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Condo Apartment
MLS® Number-W13860078
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$3,100 (2026)
Maintenance-$455.19/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE DANIELS REALTY CORPORATION
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-45 to 90 days
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to this brand-new 1-Bedroom, 1-Bathroom suite at The Kith Condominiums by award-winning developer/builder, The Daniels Corporation, BILD's 2025 Home Builder of the Year. Enjoy 539 sq. ft. of interior living space featuring a charming west-facing Juliet balcony with great views of the Erin Mills neighbourhood. The open concept layout features 9ft. ceilings, kitchen with quartz countertops, convenient island and stainless-steel appliances, along with a new in-suite washer and dryer. This functional layout is ideal for professionals, couples or investors. Enjoy resident amenities that extend beyond your suite including a Gymnasium for Basketball or Pickleball, Indoor Walking Track, Fitness Centre, Party Rooms, Co-Working Space, Theatre Room, Outdoor Terrace with BBQs & Lounge Areas, Pet Wash, Lobby with Concierge, Outdoor Courtyard and more! Perfectly situated in the heart of Erin Mills, this location is steps to Credit Valley Hospital and LifeLabs, with everyday conveniences nearby including Erin Mills Town Centre, Loblaws and HomeSense. Commuting is effortless with quick access to Highway 403, Erin Mills Transit Station, and both Streetsville and Clarkson GO Stations. Top-rated schools, including John Fraser Secondary School and the University of Toronto Mississauga campus, are also just minutes away. This is a brand new unit that is eligible for the newly announced government HST rebate program.

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

Closing Costs

Mortgage Amount
$315,920
Land Transfer Taxes$4,399
Legal Fees (Est.)
$
Total cash required for closing$84,879

Total Monthly Obligation

$2,506/mo
Mortgage $1,593
Monthly Loss $2,087
Principal$419
Interest$1,174
Property Tax$258
Condo Fees$455
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.2%30
10-Year IRR
10.2%
Returns Index
16.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$25,476/yr
NOI
$11,966/yr
Net Cash Flow
-$596/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
30.6/ 100

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

Comparables

Properties near 2485 Eglinton Avenue W 319

Time

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