3501 Glen Erin Drive 1001, Mississauga

$329,999
3501 Glen Erin Drive 1001

$329,999

New
2d
Condo ApartmentApartment

3501 Glen Erin Drive 1001, Mississauga

Total Monthly Obligation $3,060

HausQ Valuation Report
Beds
3
Baths
1
Park
1
Sqft
1000-1199
DOM
2d
Score
21
Yield
10.9%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-W14102186
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,574.32 (2025)
Maintenance-$1,314.23/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Erin Mills
Title-Residential Condo & Other

No agent assigned

Rare opportunity to own a spacious 3-bedroom unit in the highly sought-after Erin Mills community, featuring breathtaking unobstructed views of the Glen Erin Woodlands. This bright and sun-filled unit offers large windows throughout and an oversized balcony overlooking lush greenery and scenic trails - perfect for relaxing or entertaining. With laminate flooring throughout, this unit boasts generously sized bedrooms, including a primary retreat with a walk-in closet. Abundant closet space plus an exclusive locker ensures all your storage needs are covered. Convenient provision for ensuite laundry adds to the functionality. Enjoy exceptional value with ALL utilities included in the maintenance fees-a major cost-saving advantage. The building has been recently renovated, enhancing both aesthetics and long-term investment potential. Unbeatable location with transit at your doorstep and just minutes to GO stations, Square One, shopping, and everyday essentials. Perfect for families, investors, or anyone looking for space, convenience, and strong long-term value in a prime location.

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

Closing Costs

Mortgage Amount
$263,999
Land Transfer Taxes$3,425
Legal Fees (Est.)
$
Total cash required for closing$70,925

Total Monthly Obligation

$3,060/mo
Mortgage $1,331
Monthly Loss $2,710
Principal$350
Interest$981
Property Tax$215
Condo Fees$1,314
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
11.4%46
10-Year IRR
12.3%
Returns Index
23.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$35,808/yr
NOI
$11,482/yr
Net Cash Flow
-$374/mo
Cash Margin
-12.5%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
27.1/ 100

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

Comparables

Properties near 3501 Glen Erin Drive 1001

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.