6650 Falconer Drive 19, Mississauga

$559,900
6650 Falconer Drive 19

$559,900

New
8d
Condo Townhouse2-Storey

6650 Falconer Drive 19, Mississauga

Total Monthly Obligation $3,236

Bed+Den
4+1
Baths
1
Park
1
Sqft
1200-1399
DOM
8d
Score
23
Yield
6.8%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-W14083564
Bed+Den-4+1
Bathrooms-1
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,416.01 (2026)
Maintenance-$492.66/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-Flexible
Neighbourhood-Streetsville
Title-Residential Condo & Other

No agent assigned

Renovated 3-bedroom condo townhouse in Streetsville. Freshly painted with hardwood floors throughout and a semi-finished basement offering flexible space. Well-managed complex in a mature neighbourhood close to parks, schools, transit, GO access, and major highways. Ideal for first time buyers or families moving up from condo

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$3,236/mo
Mortgage $2,258
Monthly Loss $2,641
Principal$594
Interest$1,664
Property Tax$285
Condo Fees$493
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.7%55
10-Year IRR
12.8%
Returns Index
28.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$37,872/yr
NOI
$22,357/yr
Net Cash Flow
-$395/mo
Cash Margin
-12.5%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
27.5/ 100

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

Comparables

Properties near 6650 Falconer Drive 19

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.