1525 South Parade Court 22, Mississauga

$699,000
1525 South Parade Court 22

$699,000

New
8d
Condo Townhouse2-Storey

1525 South Parade Court 22, Mississauga

Total Monthly Obligation $3,534

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
20
Yield
5.3%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-W14084128
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,839 (2025)
Maintenance-$195/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX ACE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-ASAP
Neighbourhood-East Credit
Title-Residential Condo & Other

No agent assigned

1152 SqFt of Total Living Space! Bright & Stylish 2-Storey, 2+1 Bedroom Townhouse in Prime Mississauga! Recently updated and move-in ready, this home boasts modern upgrades including fresh paint with ceilings (2023), pot lights in living room, kitchen & bedrooms, an upgraded laundry set and refrigerator (2024), a new AC unit (2024), newer water heater, freshly painted garage door (2025), automatic garage door opener, and an upgraded master bathroom basin. Enjoy multiple walkouts to your private patio and balcony, perfect for entertaining or BBQs. Steps to parks, playgrounds, tennis & basketball courts, rinks, baseball diamonds, shopping, trails and transit. Just minutes from top-rated hospitals and major highways. Don't miss this meticulously maintained gem. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,534/mo
Mortgage $2,820
Monthly Loss $2,793
Principal$742
Interest$2,078
Property Tax$320
Condo Fees$195
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$36,864/yr
NOI
$24,599/yr
Net Cash Flow
-$770/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.5/ 100

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

Comparables

Properties near 1525 South Parade Court 22

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.