6950 TENTH LINE Drive 24, Mississauga

$649,000
6950 TENTH LINE Drive 24

$649,000

New
9d
Condo Townhouse3-Storey

6950 TENTH LINE Drive 24, Mississauga

Total Monthly Obligation $3,614

Bed+Den
4+1
Baths
3
Park
1
Sqft
1400-1599
DOM
9d
Score
21
Yield
6.2%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Townhouse
MLS® Number-W14030804
Bed+Den-4+1
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,980 (2025)
Maintenance-$464.28/mo
Locker-None
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-T B A
Neighbourhood-Lisgar
Title-Residential Condo & Other

No agent assigned

Stylish, Sun-Filled End-Unit Townhouse in Desirable Meadowvale!. Tastefully updated with hardwood floors throughout, spacious living/dining areas, bay window and balcony walkout. Modern kitchen boasts granite countertops, stainless steel appliances, built-in seating, and UV water filtration. Custom closet organizers and thoughtfully designed laundry room add convenience. Family room with walkout to private backyard. Convenient Location!, Walk to Plum Tree Park Public School, with shopping plaza across the street and easy access to Lisgar GO, Metro, Walmart, Superstore and Costco Business Centre. Exceptional style, smart layout and everyday convenience!

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,614/mo
Mortgage $2,618
Monthly Loss $2,925
Principal$689
Interest$1,929
Property Tax$332
Condo Fees$464
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.6%47
10-Year IRR
11.9%
Returns Index
24.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,996/yr
NOI
$24,045/yr
Net Cash Flow
-$614/mo
Cash Margin
-18.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
24.6/ 100

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

Comparables

Properties near 6950 TENTH LINE Drive 24

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.