2485 Eglinton Avenue W 1308, Mississauga

$581,900
2485 Eglinton Avenue W 1308

$581,900

New
19d
Condo ApartmentApartment

2485 Eglinton Avenue W 1308, Mississauga

Total Monthly Obligation $3,661

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
19d
Score
17
Yield
5.7%
Cash on Cash
-6.7%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-W13860080
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$4,580 (2026)
Maintenance-$731.88/mo
Locker-Owned
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

Brand new 2-Bedroom suite with 2 full bathrooms at The Kith Condominiums by award-winning developer/builder, The Daniels Corporation, BILDs 2025 Home Builder of the Year. Experience 869 sq.ft. of interior space & 66 sq.ft. of outdoor space on the private terrace with East facing views. Enjoy an open concept living space, 9ft ceiling height, modern kitchen with an island, quartz countertops, stainless steel appliances and an in-suite washer & dryer. Incredible resident amenities including a gymnasium for basketball or pickleball, 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! Prime location steps to Credit Valley Hospital and Lifelabs. Top shopping within walking distance including Erin Mills Town Centre & Loblaws. Commuting is a breeze with quick access to HWY 403, Erin Mills Station, and Erin Mills Transitway, Streetsville and Clarkson GO stations. Top-rated schools are minutes away, including John Fraser Secondary and University of Toronto, Mississauga Campus. This is a brand new unit that is eligible for the newly announced government HST rebate program.

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

Mortgage Amount
$465,520
Land Transfer Taxes$8,113
Legal Fees (Est.)
$
Total cash required for closing$125,993

Total Monthly Obligation

$3,661/mo
Mortgage $2,347
Monthly Loss $3,043
Principal$618
Interest$1,730
Property Tax$382
Condo Fees$732
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.6/ 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
$33,300/yr
NOI
$14,207/yr
Net Cash Flow
-$1,163/mo
Cash Margin
-41.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
21.9/ 100

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

Comparables

Properties near 2485 Eglinton Avenue W 1308

Time

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