30 Elm Drive W 401, Mississauga

$620,000
30 Elm Drive W 401

$620,000

New
5d
Condo ApartmentApartment

30 Elm Drive W 401, Mississauga

Total Monthly Obligation $3,376

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
5d
Score
18
Yield
5.1%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-W14091896
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 18, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$1 (2025)
Maintenance-$675/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-DAVIE REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Vacant
Neighbourhood-Fairview
Title-Residential Condo & Other

No agent assigned

Discover the place where elegant features and design meet a vibrant location in what will be known as downtown Mississauga's best quality Condo Tower for years to come. This almost new 2 bed 2 bath suite awaits with huge wrap around terrace, & lovely view . Luxurious features include 9 foot smooth ceilings, fully integrated or stainless steel luxury kitchen appliances, full size stack-able washer and dryer, quartz counter tops and island, stainless steel, under-mount sink, pull out spray tap, ceramic backsplash, and under valance lighting. Also premium laminate floors, and ceramic floors in bathrooms and laundry. Steps to Square One with world class shopping, Whole foods, Walmart, trendy restaurants and coffee shops. On the future LRT line and also just a short walk to Cooksville Go Train Station with quick access to Union Station. A 24 hour concierge will welcome your guests into a lobby that is like a high end hotel with marble floors and venetian columns. The finely designed amenities include a party room with a spacious terrace, bbqs and alfresco dining, guest suites, a gym, yoga studio, movie theater, galleria, wifi lounge, games room, and never any waiting with 5 high speed elevators. (Note: Unlimited, High speed internet is included in the maintenance fee.)

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$496,000
Land Transfer Taxes$8,875
Legal Fees (Est.)
$
Total cash required for closing$134,375

Total Monthly Obligation

$3,376/mo
Mortgage $2,501
Monthly Loss $2,718
Principal$658
Interest$1,843
Property Tax$0
Condo Fees$675
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.2/ 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
$31,512/yr
NOI
$17,860/yr
Net Cash Flow
-$1,013/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.0/ 100

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

Comparables

Properties near 30 Elm Drive W 401

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.