1395 Williamsport Drive 348, Mississauga

$440,000
1395 Williamsport Drive 348

$440,000

New
18d
Condo Townhouse2-Storey

1395 Williamsport Drive 348, Mississauga

Total Monthly Obligation $2,842

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
18d
Score
26
Yield
8.1%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Condo Townhouse
MLS® Number-W13860322
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,628 (2025)
Maintenance-$731.28/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTERPOINT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Neighbourhood-Applewood
Title-Residential Condo & Other

No agent assigned

If you've been waiting for the right opportunity in Mississauga-with virtually all major utilities included in the maintenance fee, this is it! Welcome to Unit 348 at 1395 Williamsport Drive, a well-maintained two-storey condo townhome offering over 1,100 sq. ft. of comfortable living space, featuring 3 bedrooms and 2 bathrooms in the established and highly convenient Applewood community. The functional layout is designed for everyday living, featuring a bright and spacious open-concept living and dining area, a private balcony walkout, generously sized bedrooms, and ample storage throughout. The balcony door and all windows were replaced in 2022, providing a valuable update and added peace of mind for the next owner. One of the standout features is the exceptional value of the maintenance fee, which includes heat, hydro, water, central air conditioning, building insurance, and parking. You can enjoy simple and predictable monthly carrying costs with virtually all major utilities covered. Whether you're looking for a home you can move into and make your own, a property to personalize over time, or a solid investment opportunity, this unit offers an excellent foundation with plenty of potential. The location is hard to beat. Just minutes from the 427, QEW, and Gardiner Expressway, and conveniently close to Dixie GO Station, public transit, schools, parks, shopping, and everyday amenities. Square One and Pearson International Airport are also only a short drive away. Priced to move and offering exceptional value, this is an excellent opportunity for first-time buyers, downsizers, investors, or anyone looking for a well-located home with the flexibility to add their own personal touch. The location is right. The layout works. The value is here. Don't miss it! (Please note that some photos have been virtually staged using AI for illustrative purposes only. The furnishings and decor shown may not reflect the actual condition of the property.)

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$352,000
Land Transfer Taxes$5,275
Legal Fees (Est.)
$
Total cash required for closing$94,775

Total Monthly Obligation

$2,842/mo
Mortgage $1,775
Monthly Loss $2,375
Principal$467
Interest$1,308
Property Tax$136
Condo Fees$731
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.1%5
5-Year IRR
14.3%66
10-Year IRR
14.2%
Returns Index
34.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$35,724/yr
NOI
$19,348/yr
Net Cash Flow
-$162/mo
Cash Margin
-5.5%2
Cash Flow Index
1.6/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
31.8/ 100

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

Comparables

Properties near 1395 Williamsport Drive 348

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.