4205 Shipp Drive 2105, Mississauga

$479,900
4205 Shipp Drive 2105

$479,900

New
16d
Condo ApartmentApartment

4205 Shipp Drive 2105, Mississauga

Total Monthly Obligation $3,290

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
16d
Score
18
Yield
6.8%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-W13872980
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,426.01 (2026)
Maintenance-$952.29/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAVE MAX REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexiable
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Experience Comfortable Condo Living In The Heart Of Mississauga - Steps From Square One! Bright And Spacious 2-Bedroom, 2-Bathroom Condo Offering The Perfect Blend Of Comfort, Convenience, And Value. Laminate Flooring Throughout And Floor-To-Ceiling Windows Fill The Space With Natural Light And Offer Beautiful City Views. The Bright And Spacious Open-Concept Living And Dining Area Is Ideal For Everyday Living And Entertaining. The Modern Kitchen Features Stainless-Steel Appliances And Ample Storage Space. The Primary Bedroom Offers A Large Closet And 4-Piece Ensuite, Along With A Good-Sized Second Bedroom. Enjoy The Convenience Of Ensuite Laundry And Underground Parking. The All-Inclusive Maintenance Fee Covers Heat, Hydro, Water, Central Air Conditioning, Building Insurance, And Parking. Residents Enjoy Access To Exceptional Amenities, Including A Full Gym, Indoor Swimming Pool, Sauna, Tanning Room, Billiards Room, Party Room, Tennis Court, Children's Play Area, And Ample Visitor Parking. Ideally Located Just Steps From Square One, Celebration Square, The Central Library, And The Future Hurontario LRT, With Quick Access To Highways, GO Transit, Shopping, Restaurants, And Everyday Essentials.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$3,290/mo
Mortgage $1,936
Monthly Loss $2,781
Principal$509
Interest$1,426
Property Tax$202
Condo Fees$952
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.7%1
5-Year IRR
8.4%25
10-Year IRR
9.6%
Returns Index
13.7/ 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
$32,784/yr
NOI
$13,252/yr
Net Cash Flow
-$831/mo
Cash Margin
-30.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.3/ 100

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

Comparables

Properties near 4205 Shipp Drive 2105

Time

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Data last updated within the past 24 hours.