7475 Goreway Drive 66, Mississauga

$625,000
7475 Goreway Drive 66

$625,000

New
7d
Condo Townhouse2-Storey

7475 Goreway Drive 66, Mississauga

Total Monthly Obligation $3,352

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
21
Yield
5.7%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-W14088994
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Lot Size-1794.62 SquareFeet
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,187.55 (2026)
Maintenance-$365/mo
Locker-None
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-THE FORTUNE REALTY
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front, Metal/Steel Siding
Roof-Shingles
Foundation-Concrete
Possession-Vacant Possession
Neighbourhood-Malton
Title-Residential Condo & Other

No agent assigned

CLIENT'S REMARKS Spacious & Fully Renovated 3-Bedroom Townhouse Spent $$$ on extensive renovations! This spacious and well-maintained 3-bedroom townhouse is an excellent opportunity for first-time homebuyers. Featuring laminate flooring throughout, a functional layout, and a private backyard, this traditional end-unit townhouse offers comfortable family living with plenty of natural light and privacy. Enjoy an unbeatable location within walking distance to schools, shopping malls, Mississauga Library, public transit, major banks and a medical centre. The property also offers easy access to Malton GO Station, Hwy 427, and Hwy 407, making commuting convenient. BROKERAGE REMARKS Show and sell! This property shows very well and is easy to show with a lockbox. Seller/Listing Agent makes no representation or warranty regarding the retrofit status of the basement. Please attach Schedule B to all offers with 24-hour irrevocability. Please email all offers to prealtor9@gmail.comThank you for showing!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,352/mo
Mortgage $2,521
Monthly Loss $2,688
Principal$663
Interest$1,858
Property Tax$266
Condo Fees$365
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.9%42
10-Year IRR
11.3%
Returns Index
21.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$35,568/yr
NOI
$22,044/yr
Net Cash Flow
-$684/mo
Cash Margin
-23.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
25.5/ 100

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

Comparables

Properties near 7475 Goreway Drive 66

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.