3050 Erin Centre Boulevard 67, Mississauga

$499,000
3050 Erin Centre Boulevard 67

$499,000

New
8d
Condo Townhouse3-Storey

3050 Erin Centre Boulevard 67, Mississauga

Total Monthly Obligation $3,116

Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
8d
Score
24
Yield
7.6%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.2%
Property Type-Condo Townhouse
MLS® Number-W14082386
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 15, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$4,901 (2025)
Maintenance-$495/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-1 Month
Neighbourhood-Churchill Meadows
Title-Residential Condo & Other

No agent assigned

If you're looking for a home in the middle of nowhere, where a drive to the grocery store feels like a road trip, this is NOT it. Welcome to 3050 Erin Centre Blvd, where convenience isn't just a selling point; it's a way of life. Nestled in the heart of Churchill Meadows, this 3-bedroom, 3-bathroom townhome offers something increasingly difficult to find: room to breathe without having to leave the city behind. Spread across three levels with approximately 1,600-1,799 sq. ft. of living space, the layout gives everyone a little room to call their own. A bright, spacious living area for the evenings together, a finished walkout lower level for whatever life calls for, and three bedrooms upstairs for when it's time to retreat. Working from home? Growing family? Just tired of feeling like you're living on top of each other? This home has an answer for that. Step outside and you'll find yourself surrounded by the things that make everyday life easier: schools, parks, shopping, restaurants, transit, and major highways, all within easy reach. Add in a private garage, driveway parking, and outdoor space, and you've got a home that makes practical living feel a little less... practical. Is it a sprawling detached estate with acres of land? No. But is it a thoughtfully laid-out home in a neighbourhood where you can spend less time commuting and more time actually living? Absolutely. NOTE: When you visit, take a moment to picture an ordinary weekday here. The morning coffee, the school run, the groceries, the drive home. Sometimes the best thing about a home isn't how extraordinary it makes your weekends, but how much easier it makes your Mondays.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,116/mo
Mortgage $2,013
Monthly Loss $2,587
Principal$530
Interest$1,483
Property Tax$408
Condo Fees$495
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.6%62
10-Year IRR
13.6%
Returns Index
32.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$38,136/yr
NOI
$21,081/yr
Net Cash Flow
-$256/mo
Cash Margin
-8.1%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
29.1/ 100

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

Comparables

Properties near 3050 Erin Centre Boulevard 67

Time

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Data last updated within the past 24 hours.