3883 Quartz Road 213, Mississauga

$759,000
3883 Quartz Road 213

$759,000

New
16d
Condo ApartmentApartment

3883 Quartz Road 213, Mississauga

Total Monthly Obligation $4,555

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
16d
Score
17
Yield
5.5%
Cash on Cash
-6.2%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-W13873922
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,107.29 (2025)
Maintenance-$867.89/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAKER REAL ESTATE INCORPORATED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/Tba
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Rare 3-Bedroom Corner Unit at M City 2! Welcome to Unit 213 - a beautifully upgraded 3-bedroom, 2-bathroom suite offering 1,106 sqft of interior space plus a 348 sqft wrap-around terrace with south-west exposure and serene park views. This thoughtfully designed layout is ideal for families or professionals seeking both space and style in the heart of Mississauga. Enjoy a bright, open-concept living space with tons of upgrades throughout, including quartz countertops, built-in stainless steel appliances, upgraded fixtures, and premium finishes. The modern kitchen flows seamlessly into the living and dining areas-perfect for entertaining or relaxing. All three bedrooms are generously sized, and each features a big closet-a rare and highly sought-after feature in condo living. The primary suite includes a private ensuite with elegant finishes and great storage. Step outside to your oversized wrap-around terrace with southeast views-ideal for enjoying the morning sun, fresh air, or evening gatherings. Additional features include: high-speed internet included in maintenance fees, one parking space, locker available for purchase, and the unit is pre-wired for a smart home monitoring system. M City 2 offers world-class amenities including a saltwater swimming pool, fitness centre, lounges, kids' play zones, and more. Just steps from Square One, restaurants, transit, parks, and major highways, this location is as convenient as it is vibrant. Parking Maintenance is included in the maintenance fees.

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

Closing Costs

Mortgage Amount
$607,200
Land Transfer Taxes$11,655
Legal Fees (Est.)
$
Total cash required for closing$164,955

Total Monthly Obligation

$4,555/mo
Mortgage $3,062
Monthly Loss $3,749
Principal$806
Interest$2,256
Property Tax$426
Condo Fees$868
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.7%21
10-Year IRR
8.9%
Returns Index
11.9/ 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
$41,988/yr
NOI
$19,867/yr
Net Cash Flow
-$1,406/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.9/ 100

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

Comparables

Properties near 3883 Quartz Road 213

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.