3985 Grand Park Drive 304, Mississauga

$525,000
3985 Grand Park Drive 304

$525,000

New
2d
Condo ApartmentApartment

3985 Grand Park Drive 304, Mississauga

Total Monthly Obligation $3,395

HausQ Valuation Report
Bed+Den
3+2
Baths
2
Park
1
Sqft
900-999
DOM
2d
Score
16
Yield
5.4%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-W14103516
Bed+Den-3+2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,742.38 (2026)
Maintenance-$765.76/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOME AND BUSINESS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-IMMD
Neighbourhood-City Centre
Title-Residential Condo & Other

No agent assigned

Spacious 1-Bedroom + 2 Dens | Renovated Kitchen | Freshly Painted, A unique and versatile condominium offering a spacious one-bedroom layout plus two generously sized dens, ideal for a home office, dining room, or guest room. Both dens feature closets, providing excellent functionality and additional storage, while one den is enclosed for added privacy. Enjoy a freshly painted interior, a renovated kitchen featuring elegant granite countertops, and new flooring in the bedroom. Located in a well-managed building in the heart of Mississauga, this unit offers exceptional flexibility and comfortable urban living. Conveniently situated close to Square One Shopping Centre, public transit, restaurants, parks, and major highways. An excellent opportunity for first-time buyers, professionals, or investors seeking a well-maintained home in a prime location. please note that pictures are virtually staged

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

Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,395/mo
Mortgage $2,118
Monthly Loss $2,838
Principal$557
Interest$1,560
Property Tax$312
Condo Fees$766
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.5%12
10-Year IRR
7.3%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$28,572/yr
NOI
$10,383/yr
Net Cash Flow
-$1,252/mo
Cash Margin
-52.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
22.8/ 100

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

Comparables

Properties near 3985 Grand Park Drive 304

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.