4655 Metcalfe Avenue B101, Mississauga

$595,000
4655 Metcalfe Avenue B101

$595,000

New
2d
Condo ApartmentApartment

4655 Metcalfe Avenue B101, Mississauga

Total Monthly Obligation $3,675

Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
2d
Score
18
Yield
5.9%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W14104132
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,546.56 (2026)
Maintenance-$779.57/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-90 Days/TBD
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious suite at 4655 Metcalfe Avenue, featuring a welcoming foyer that opens into an inviting open concept living space with sunny views and access to a large terrace. The modern kitchen is complete with a breakfast bar and flows seamlessly into the living and dining areas, creating a functional layout ideal for both everyday living and entertaining. The versatile den offers additional flexibility, perfect for a home office or a separate dining space, while the expansive terrace provides an inviting extension of the living room. The spacious primary bedroom features a double closet, a three piece ensuite, and an additional walkout to the terrace. The second bedroom is equally inviting, with a closet and plenty of natural light. Complete with two parking spaces, this suite offers a well designed layout with plenty of room to live, work, and entertain. Located in the desirable Central Erin Mills community, enjoy the convenience of being steps to Erin Mills Town Centre, with an abundance of shopping, restaurants, and everyday amenities nearby. With easy access to Highways 403 and 407 for commuters. An excellent opportunity to enjoy comfortable condo living in a well connected neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,675/mo
Mortgage $2,400
Monthly Loss $3,044
Principal$632
Interest$1,768
Property Tax$296
Condo Fees$780
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.4/ 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
$35,316/yr
NOI
$16,483/yr
Net Cash Flow
-$1,026/mo
Cash Margin
-34.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.3/ 100

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

Comparables

Properties near 4655 Metcalfe Avenue B101

Time

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