6240 Montevideo Road 19, Mississauga

$599,999
6240 Montevideo Road 19

$599,999

New
7d
Condo Townhouse2-Storey

6240 Montevideo Road 19, Mississauga

Total Monthly Obligation $3,463

Bed+Den
4+1
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
20
Yield
6.2%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-W14087464
Bed+Den-4+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,422.09 (2025)
Maintenance-$557.3/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Heat Pump (Other)
Brokerage-ROYAL LEPAGE PINNACLE REAL ESTATE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Meadowvale
Title-Residential Condo & Other

No agent assigned

**Beautifully Renovated Home in a Prime Mississauga Location!** Ideally situated in the heart of Mississauga, between Erin Mills and Winston Churchill Boulevard, this beautifully upgraded home combines modern style, everyday comfort, and thoughtful functionality. Generously renovated by the current owner, this move-in-ready property showcases upgrades throughout, creating a fresh, contemporary space you'll love to call home.The inviting open-concept main floor features a **fully renovated kitchen** with extra-deep shaker-style cabinetry, soft-close drawers, elegant quartz countertops, an updated backsplash, and an over-the-range microwave. New flooring, baseboards, window trims, and fresh paint throughout enhance the home's bright, polished appeal, while a beautiful oak staircase adds warmth and timeless character across all levels.Both bathrooms have been tastefully updated with new vanities, fixtures, and toilet seats, complemented by a new bathtub with a stylish tiled surround and built-in niche. Enjoy year-round comfort with energy-efficient mini-split heat pumps offering both heating and cooling.Step outside to a thoughtfully improved backyard designed for relaxation and entertaining, featuring raised grading, a pressure-treated wood deck, private fencing, garden beds, and built-in benches-an inviting outdoor retreat to enjoy with family and friends.Additional highlights include convenient interior access to the garage and an excellent location close to major highways, including the 401, 403, and 407, as well as schools, parks, shopping, and public transit. Modern upgrades, functional living spaces, and a convenient Mississauga location-all in one fantastic opportunity. Don't miss your chance to make this beautifully refreshed home yours! Buyer and Buyer's Agent to verify all measurements, taxes, fees, and other pertinent information.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,463/mo
Mortgage $2,420
Monthly Loss $2,826
Principal$637
Interest$1,783
Property Tax$285
Condo Fees$557
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.2/ 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
$36,960/yr
NOI
$20,754/yr
Net Cash Flow
-$691/mo
Cash Margin
-22.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7111
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.7/ 100

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

Comparables

Properties near 6240 Montevideo Road 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.