6540 Falconer Drive 104, Mississauga

$618,900
6540 Falconer Drive 104

$618,900

New
18d
Condo Townhouse2-Storey

6540 Falconer Drive 104, Mississauga

Total Monthly Obligation $3,591

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
18d
Score
20
Yield
6.1%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-W13860718
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,225.65 (2025)
Maintenance-$625.76/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-PSR
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-Streetsville
Title-Residential Condo & Other

No agent assigned

Welcome to this bright, cheerful townhouse that has been quietly getting ready for its next big adventure - and it just might be with you.This home has hosted sunny morning coffees, cozy movie nights, and proudly shown off its fresh updates. Now it's ready for a new chapter.Step inside and it practically greets you with a wink. The open living and dining space is made for laughter, gatherings, and the occasional dance break. The kitchen is the reliable overachiever - plenty of prep space, plenty of storage, always ready for whatever you're cooking up.Upstairs, the bedrooms each bring their own vibe: one bright and energizing, one calm and thoughtful. Together, they create a warm, balanced retreat.Outside, the backyard is the home's happy place - private, peaceful, and perfect for BBQs, morning stretches, or weekend lounging. With Credit River trails just steps away, nature is always calling.In a friendly, well-connected community close to parks, schools, shopping, and highways, this home is ready for someone who appreciates charm, character, and possibility.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$495,120
Land Transfer Taxes$8,853
Legal Fees (Est.)
$
Total cash required for closing$134,133

Total Monthly Obligation

$3,591/mo
Mortgage $2,496
Monthly Loss $2,934
Principal$657
Interest$1,840
Property Tax$269
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.5%39
10-Year IRR
11.1%
Returns Index
20.5/ 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
$38,004/yr
NOI
$21,069/yr
Net Cash Flow
-$741/mo
Cash Margin
-23.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.9/ 100

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

Comparables

Properties near 6540 Falconer Drive 104

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.