3883 Quartz Road 4407, Mississauga

$499,999
3883 Quartz Road 4407

$499,999

New
3d
Condo ApartmentApartment

3883 Quartz Road 4407, Mississauga

Total Monthly Obligation $3,117

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
3d
Score
19
Yield
6.3%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-W14099464
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,764 (2026)
Maintenance-$586.89/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-59 days
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Experience elevated living on the 44th floor of the award-winning M City M2 tower in the heart of Mississauga! This beautifully designed 2-bedroom + media, 2-bathroom suite offers 818 sq. ft. of total living space, including 705 sq. ft. of interior space and a generous 113 sq. ft. balcony. Enjoy desirable south-facing exposure, filling the suite with natural light and showcasing stunning views from the 44th floor. Featuring 9-foot ceilings and a thoughtfully designed open-concept layout, this suite offers a bright, spacious, and inviting atmosphere. The modern kitchen boasts stainless steel appliances, quartz countertops and backsplash, and sleek cabinetry, seamlessly connecting to the living and dining areas. The primary bedroom features wall-to-wall windows, direct balcony access, and a private 3-piece ensuite. A well-sized second bedroom, additional 4-piece bathroom, and dedicated media area, perfect for a home office or study space, complete this functional. Situated in an exceptional walkable location, just steps from Square One Shopping Centre, Celebration Square, GO Transit, Sheridan College, T&T Supermarket, restaurants, parks, schools, the Living Arts Centre, YMCA, library, and entertainment. Convenient access to the future LRT adds to the appeal of this vibrant urban community. Includes 1 parking space and internet.

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

Closing Costs

Mortgage Amount
$399,999
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$3,117/mo
Mortgage $2,017
Monthly Loss $2,587
Principal$531
Interest$1,486
Property Tax$314
Condo Fees$587
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.4%1
5-Year IRR
9.3%30
10-Year IRR
10.2%
Returns Index
16.3/ 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
$31,560/yr
NOI
$15,197/yr
Net Cash Flow
-$750/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.8/ 100

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

Comparables

Properties near 3883 Quartz Road 4407

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.