30 Elm Drive W 1102, Mississauga

$549,999
30 Elm Drive W 1102

$549,999

New
16d
Condo ApartmentApartment

30 Elm Drive W 1102, Mississauga

Total Monthly Obligation $3,406

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
16d
Score
17
Yield
5.7%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-W13872744
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,300 (2025)
Maintenance-$629.53/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Fairview
Title-Residential Condo & Other

No agent assigned

PRICED TO SELL - EXCEPTIONAL VALUE AT EDGE TOWER 2! Don't miss this opportunity to own a bright and stylish corner suite in one of Mississauga's newer downtown residences.This impressive 753 sqft NW-facing 2 Bed, 2 Bath, 1 parking ,1 locker and offers a functional open-concept layout, abundant natural light and beautiful city views.Less than two years old, this carpet free residence features 9ft ceilings, floor-to-ceiling windows/doors and premium laminate flooring.The contemporary kitchen is beautifully finished with quartz countertops, backsplash, centre island, integrated refrigerator and dishwasher, European-style designer hood fan and sleek modern cabinetry. Step outside to the private 32 sqft balcony and enjoy the surrounding city views.The spacious primary bedroom features a large walk-in closet and private ensuite, while the 2nd Bedroom and additional full bathroom provide excellent flexibility for families, professionals, guests or a home office. A full-size stacked washer and dryer adds everyday convenience. Residents enjoy an impressive collection of hotel-inspired amenities, including 24-hour concierge, fitness centre, yoga studio, movie theatre, billiards/games room, party rooms, Wi-Fi lounge, 2 guest suites and rooftop terrace with fireplaces and BBQ areas,Live in the heart of Downtown Mississauga, just steps to SQ1, Celebration Square, Sheridan College, Central Library, Living Arts Centre, YMCA, Cineplex, restaurants, shopping, banks,major transit and the Hurontario corridor. Newly Build LRT runs right in front of the building, Convenient access to Cooksville GO, Hwy 403, 401, QEW and Port Credit makes this an outstanding location for commuters and urban living.Maintenance fees include Bell high-speed internet, plus maintenance of the parking space and locker.A fantastic opportunity for first-time buyers, professionals, downsizers or investors.Excellent value even in this market.Tennant is leaving on Oct 31, 2026.Property aval for Lease as well.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$439,999
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$3,406/mo
Mortgage $2,219
Monthly Loss $2,823
Principal$584
Interest$1,635
Property Tax$358
Condo Fees$630
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.3%20
10-Year IRR
8.7%
Returns Index
11.0/ 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
$31,116/yr
NOI
$13,750/yr
Net Cash Flow
-$1,073/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.3/ 100

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

Comparables

Properties near 30 Elm Drive W 1102

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.