2555 Thomas Street 75, Mississauga

$799,990
2555 Thomas Street 75

$799,990

New
2d
Condo Townhouse2-Storey

2555 Thomas Street 75, Mississauga

Total Monthly Obligation $4,319

Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
2d
Score
17
Yield
4.7%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Condo Townhouse
MLS® Number-W14102006
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,928.19 (2026)
Maintenance-$481.02/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

PRICED TO SELL!! - This is a beauty you don't want to miss! Welcome to 2555 Thomas Street, Unit 75, located in one of Mississauga's most sought-after neighbourhoods! This beautifully maintained home offers a functional layout, modern finishes, and an excellent location. The main floor features separate living and family rooms, providing plenty of space for both everyday living and entertaining. The modern kitchen showcases stainless steel appliances and quartz countertops, complemented by pot lights throughout the main floor and no carpet throughout the home. Upstairs, you'll find 3 spacious bedrooms, including a primary bedroom with an upgraded ensuite, along with 2 full bathrooms. A convenient powder room is located on the main floor. The finished basement provides additional space ideal for a recreation room, home office, gym, or entertainment area. Located in a well-managed condo community where exterior maintenance and landscaping are professionally maintained, this home offers the ease and convenience of low-maintenance living. The roof and furnace were replaced by the condominium corporation in 2025, providing added peace of mind for the new owner. Ideally situated within the highly regarded Thomas Street Middle School and John Fraser Secondary School boundaries, and conveniently close to schools, parks, shopping, restaurants, transit, and other amenities. A fantastic opportunity for families looking for a move-in-ready home in a desirable Mississauga community!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,992
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,973

Total Monthly Obligation

$4,319/mo
Mortgage $3,227
Monthly Loss $3,469
Principal$849
Interest$2,378
Property Tax$411
Condo Fees$481
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$37,920/yr
NOI
$21,028/yr
Net Cash Flow
-$1,475/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.7/ 100

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

Comparables

Properties near 2555 Thomas Street 75

Time

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