3985 Grand Park Drive 1604, Mississauga

$429,800
3985 Grand Park Drive 1604

$429,800

New
17d
Condo ApartmentApartment

3985 Grand Park Drive 1604, Mississauga

Total Monthly Obligation $2,661

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
17d
Score
18
Yield
5.6%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-W13867200
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,741.52 (2026)
Maintenance-$498.96/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/90
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Executive One-Bedroom Condo in the Heart of Mississauga! Bright, south-facing unit featuring9-foot ceilings, floor-to-ceiling windows, sleek contemporary finishes, and brand-new laminate flooring in the bedroom. Unbeatable location-walk to Square One, T&T Supermarket, the Living Arts Centre, transit, and vibrant dining. Enjoy a quiet, fully established building with no construction noise. Premium amenities include an indoor pool, sauna, gym, yoga studio, party room, rooftop deck, theatre, and study room. Selected furnitures are negotiable, 1 parking space and 1 locker included. Move-in ready-just turn the key and enjoy!

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

Closing Costs

Mortgage Amount
$343,840
Land Transfer Taxes$5,071
Legal Fees (Est.)
$
Total cash required for closing$92,531

Total Monthly Obligation

$2,661/mo
Mortgage $1,734
Monthly Loss $2,205
Principal$456
Interest$1,277
Property Tax$228
Condo Fees$499
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.0%18
10-Year IRR
8.5%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$23,952/yr
NOI
$10,428/yr
Net Cash Flow
-$865/mo
Cash Margin
-43.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.4/ 100

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

Comparables

Properties near 3985 Grand Park Drive 1604

Time

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Data last updated within the past 24 hours.