3460 SOUTH MILLWAY 41, Mississauga

$674,900
3460 SOUTH MILLWAY 41

$674,900

New
8d
Condo Townhouse2-Storey

3460 SOUTH MILLWAY 41, Mississauga

Total Monthly Obligation $3,732

Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
8d
Score
19
Yield
5.5%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-W14086488
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,959.96 (2026)
Maintenance-$479.15/mo
Locker-None
Parking-2 - Other
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SUMMIT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-TBD
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Bright, well maintained 3-bedroom condo town located in one of Mississauga's desirable and quiet communities. Unit conveniently situated within the complex for more privacy and feels like a semi. Steps to public transit, minutes to UTM, and easy access to QEW/403. Close to top rated elementary/secondary schools, parks, shopping, nature trails, and Credit Valley Hospital. Move-in ready and freshly painted with several updates, including new broadloom for cushioned comfort in primary bedroom, featuring spacious his/her closets and updated kitchen cabinet fronts. Open concept main floor with a spacious separate sit-in kitchen and window to enjoy morning coffees. Low maintenance, condo town lifestyle featuring exclusive 2 parking, just steps to unit without the hassle of single-file, tandem parking. Partially finished basement featuring a generous recreation area, ensuite washer/dryer, and plenty of storage. Charming, private backyard featuring cedar planters and an established herb garden, with easy access to common green space. Income potential, a great starter or perfect for the empty nester in a sought-after, prime location!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$539,920
Land Transfer Taxes$9,973
Legal Fees (Est.)
$
Total cash required for closing$146,453

Total Monthly Obligation

$3,732/mo
Mortgage $2,722
Monthly Loss $3,015
Principal$716
Interest$2,006
Property Tax$330
Condo Fees$479
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,440/yr
NOI
$21,586/yr
Net Cash Flow
-$924/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.8/ 100

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

Comparables

Properties near 3460 SOUTH MILLWAY 41

Time

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