3351 Cawthra Road 116, Mississauga

$579,000
3351 Cawthra Road 116

$579,000

New
7d
Condo ApartmentApartment

3351 Cawthra Road 116, Mississauga

Total Monthly Obligation $3,545

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
7d
Score
18
Yield
5.7%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W14091564
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,753 (2026)
Maintenance-$697/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-TBD
Neighbourhood-Applewood
Title-Residential Condo & Other

No agent assigned

Welcome to Applewood Terrace Boutique Living in the Heart of Mississauga. Step into this impeccably maintained 2-bedroom, 2-bathroom suite nestled in the highly sought-after Applewood Terrace community. Spanning approximately 1100 sq ft, this spacious unit boasts 9' coffered ceilings, elegant pot lights, and new hardwood flooring, creating a warm and inviting ambiance. The chef-inspired kitchen features extended cabinetry, sleek quartz countertops with a raised breakfast bar, and convenient access to the combined pantry and in-suite laundry area. The open-concept design seamlessly connects the kitchen to the living and dining areas, perfect for entertaining guests.Retreat to the expansive primary bedroom, complete with a generous walk-in closet and a luxurious spa-like 4pc ensuite bath featuring an oversized tub and a divine glass-enclosed shower. The second bedroom is offering privacy - perfect for guests, kids, or a home office setup. A nearby 3-piece bathroom completes this ideal layout. Additional highlights include California-style shutters, crown moulding, a fireplace, and a walk-out terrace. The unit also comes with one underground parking spot and a dedicated locker for extra storage. Prime Location & Amenities, situated in the vibrant Applewood neighbourhood, residents enjoy proximity to top-rated schools, Trillium Health Partners - Mississauga Hospital, and a variety of shopping and dining options. Commuters will appreciate easy access to major highways (403, 401, 410, 407, QEW), the GO station, and public transit routes.Experience boutique condo living at its finest in this well-managed, low-rise building. Don't miss the opportunity to make this exceptional property your new home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,545/mo
Mortgage $2,336
Monthly Loss $2,931
Principal$615
Interest$1,721
Property Tax$313
Condo Fees$697
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.7%21
10-Year IRR
8.9%
Returns Index
11.9/ 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
$32,880/yr
NOI
$15,075/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-39.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.7/ 100

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

Comparables

Properties near 3351 Cawthra Road 116

Time

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Data last updated within the past 24 hours.