5535 Glen Erin Drive 78, Mississauga

$740,000
5535 Glen Erin Drive 78

$740,000

New
2d
Condo Townhouse2-Storey

5535 Glen Erin Drive 78, Mississauga

Total Monthly Obligation $4,142

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1600-1799
DOM
2d
Score
17
Yield
5.1%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Townhouse
MLS® Number-W14104352
Beds-3
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,890 (2026)
Maintenance-$550/mo
Locker-None
Parking-2 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Central Erin Mills
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and beautifully refreshed 3-bedroom, 3-bath multi-level condo townhome in sought-after Central Erin Mills. Freshly painted throughout, this spacious home features hardwood flooring throughout the main living areas, stainless steel appliances, and updated bathrooms with refreshed countertops, updated tile work and an updated primary ensuite. The open-concept kitchen offers a walkout to the deck, while the dining area overlooks the park. Upstairs, the generous primary bedroom features a walk-in closet and private ensuite. The finished lower-level family room provides valuable additional living space with a walkout to the yard. Complete with a built-in garage and private driveway parking. Enjoy an outdoor pool and visitor parking within this established community. Ideally located close to Erin Mills Town Centre, Credit Valley Hospital, shopping centres, parks, transit and highly regarded schools, with convenient access to Highways 403, 401 and 407.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$592,000
Land Transfer Taxes$11,275
Legal Fees (Est.)
$
Total cash required for closing$160,775

Total Monthly Obligation

$4,142/mo
Mortgage $2,985
Monthly Loss $3,357
Principal$785
Interest$2,199
Property Tax$408
Condo Fees$550
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 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
$38,100/yr
NOI
$20,400/yr
Net Cash Flow
-$1,285/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
20.4/ 100

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

Comparables

Properties near 5535 Glen Erin Drive 78

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.

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Data last updated within the past 24 hours.