5205 Glen Erin Drive 26A, Mississauga

$699,000
5205 Glen Erin Drive 26A

$699,000

New
2d
Condo Townhouse2-Storey

5205 Glen Erin Drive 26A, Mississauga

Total Monthly Obligation $3,938

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
2d
Score
18
Yield
5.4%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Townhouse
MLS® Number-W14101804
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$5,004.35 (2026)
Maintenance-$501.54/mo
Locker-None
Parking-2 - Attached
Basement-Walk-Out, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX IMPERIAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

3 Bedrooms Townhouse with FINISHED WALKOUT basement AND direct backyard access, potential for a third full washroom in the basement, freshly painted and move-in ready, new hardwood on the upper and basement levels, refreshed kitchen with updated cabinet doors and new sink and faucet, BRAND NEW ROOF, community outdoor pool and playground, steps to JOHN FRASER Secondary School, minutes to Erin Mills Town Centre, Credit Valley Hospital, community centre, library and parks, convenient access to MiWay, GO Transit and Highways 403, 401 and 407.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,938/mo
Mortgage $2,820
Monthly Loss $3,196
Principal$742
Interest$2,078
Property Tax$417
Condo Fees$502
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
14.9/ 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
$37,740/yr
NOI
$20,543/yr
Net Cash Flow
-$1,108/mo
Cash Margin
-35.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.5/ 100

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

Comparables

Properties near 5205 Glen Erin Drive 26A

Time

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Data last updated within the past 24 hours.