1 Fairview Road E 2309, Mississauga

$596,451
1 Fairview Road E 2309

$596,451

New
7d
Condo ApartmentApartment

1 Fairview Road E 2309, Mississauga

Total Monthly Obligation $3,245

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
7d
Score
18
Yield
5.3%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-W14086448
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$638.74/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Ground Source)
Brokerage-THE GREENHEART GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Metal/Steel Siding, Concrete Poured
Possession-Flexible
Neighbourhood-Mississauga Valleys
Title-Residential Condo & Other

No agent assigned

Love a gorgeous sunset? Welcome home! This brand-new 2-bedroom, 2-bathroom northwest corner suite at ALBA Condos by Edenshaw Developments offers spectacular natural light, expansive floor-to-ceiling windows and a large private balcony to take in those beautiful evening skies. The desirable split-bedroom layout provides both privacy and functionality, while the meticulously designed kitchen features a seamlessly integrated fridge/freezer and dishwasher. Custom-designed cabinetry and clever storage solutions throughout the kitchen and bathrooms make everyday living effortless. One parking space and storage locker included. Enjoy over 20,000 sq. ft. of exceptional amenities, including a hotel-inspired lobby with concierge, fitness centre, yoga studio, co-working spaces, private dining room, demonstration kitchen, entertainment and games lounges, guest suites, pet spa, outdoor dog run and landscaped terrace with BBQs. Stay connected! Just north of the Cooksville Go and minutes from Square One, shopping, dining, parks and major highways. Discover elevated urban living in Edenshaw's newest Mississauga community!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$490,522($13,361 CMHC)
Land Transfer Taxes$8,404
Legal Fees (Est.)
$
Total cash required for closing$129,194

Total Monthly Obligation

$3,312/mo
Mortgage $2,473
Monthly Loss $2,661
Principal$651
Interest$1,822
Condo Fees$639
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-9.0%1
5-Year IRR
7.4%20
10-Year IRR
9.3%
Returns Index
12.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,332/yr
NOI
$18,134/yr
Net Cash Flow
-$962/mo
Cash Margin
-36.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
82.2%14
Vacancy Buffer
2.9 mo48
Risk Index
23.0/ 100

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

Comparables

Properties near 1 Fairview Road E 2309

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.