55 Strathaven Drive W 2011, Mississauga

$534,800
55 Strathaven Drive W 2011

$534,800

New
16d
Condo ApartmentApartment

55 Strathaven Drive W 2011, Mississauga

Total Monthly Obligation $3,646

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
16d
Score
17
Yield
6.5%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13871224
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,524.8 (2026)
Maintenance-$994.74/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-15-120 Days
Neighbourhood-Hurontario
Title-Residential Condo & Other

No agent assigned

Welcome To Suite 2011 At 55 Strathaven Drive. A Spacious Lower Penthouse Corner Suite Offering Approximately 1,000 Sq. Ft. Of Bright, Functional Living Space, Spectacular Unobstructed Views And The Rare Convenience Of 2 Underground Parking Spaces! This Beautifully Updated 2 Bedroom, 2 Bathroom Suite Is Filled With Natural Light And Features Brand New Flooring And Lighting Throughout, Along With An Updated Eat-In Kitchen Featuring New Countertops, Backsplash, Undermount Sink And Faucet. A Large Kitchen Window Brings In An Abundance Of Natural Light And Makes This An Especially Bright And Inviting Space. Move In And Enjoy! Expansive West, North And South Views Can Be Enjoyed From Every Room. Watch The Sun Set From Your Private Balcony And Even Catch Views Toward Lake Ontario A Fantastic Backdrop Whether You're Relaxing At Home Or Entertaining Family And Friends.The Generous Floor Plan Offers Something Increasingly Hard To Find In Condo Living: Space! Featuring A Separate Dining Area, Eat-In Kitchen, Spacious Living Room, Two Well Proportioned Bedrooms, Two Full Bathrooms And A Large Laundry/Storage Room, This Is A Layout Designed For Comfortable Everyday Living. Even Better, The Maintenance Fees Include Heat, Hydro And Water, Helping Make Monthly Expenses More Predictable And Adding To The Overall Value Of This Spacious Suite. Located In The Tridel Built Residences Of Strathaven, Residents Enjoy An Impressive Selection Of Amenities Including An Indoor Pool, Sauna, Fitness Centre, Billiards Room, Party Room, Meeting Room And 24-Hour Concierge And The Location Is Hard To Beat! Minutes To Square One Shopping Centre, Restaurants, Grocery Stores, Transit, Schools, Parks And Everyday Conveniences, With Quick Access To Highways 403, 401,410 And New LRT (coming soon) For Commuters. Come See The Views, Experience The Space And Discover Everything Suite 2011 Has To Offer!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$427,840
Land Transfer Taxes$7,171
Legal Fees (Est.)
$
Total cash required for closing$115,631

Total Monthly Obligation

$3,646/mo
Mortgage $2,157
Monthly Loss $3,078
Principal$568
Interest$1,590
Property Tax$294
Condo Fees$995
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.4%20
10-Year IRR
8.9%
Returns Index
11.2/ 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
$34,692/yr
NOI
$13,361/yr
Net Cash Flow
-$1,044/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.0/ 100

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

Comparables

Properties near 55 Strathaven Drive W 2011

Time

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