607- 4633 Glen Erin Drive, Mississauga
Central Erin Mills · Investor guide
$625,000
Estimated Value
$530,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Based on Central Erin Mills neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to Erin Mills, 2 Bedroom, 1 Bathroom, 2 Parking, Bright & Spacious unit, Located in one of the Most Sought After Neighbourhoods, 9 Ft Ceilings, 24 Hr Security Plus Excellent Amenities. Walkout to Private Large balcony W/Privacy Screen/Panel and unobstructed CN Tower View. Abundance of Natural Light with Large Floor-To-Ceiling Windows, Unobstructed South East Exposure, Gleaming Laminate Flooring, Great layout. 2 Parking & Locker included. Upgraded Modern Kitchen, Open Concept, Caesar Stone Countertop, Undermount Sink, Valance Lighting, Glass Mosaic Backsplash, Stainless Steel Appliances, Extended Cabinets. Foyer has Closet W/Bevelled Mirrors, In-suite Alarm, Outdoor Outlet for Electric BBQ, Upgraded Contemporary Bathroom W/Granite Countertop, Mirror W/Ledge Frame, Washer & Dryer, Custom Window Coverings. Freshly Painted. Building Amenities Incl Indoor Pool, Fitness Club with Cardio & Weights, Steam Room & Sauna, Library & Study Retreat, Resident Lounge, Party Rm, Dining & BBQ Area, Sun Bathing Roof Top Open Terrace for Entertaining, Yoga & Pilates Studio. Landscaped Grounds & Gardens. Great Location, Condo in close proximity to High Rated Schools, Parks, Public Transits, Credit Valley Hospital, Erin Mills Shopping, Restaurants, Trillium Hospital and much more. Min to Go Tran, Hwy 403/401/Qew. Walk To Loblaws, Walmart, Nations Supermarkets, Erin Mills Town Shopping Centre W/Shops & Dining, Gonzaga/John Fraser High School. Next To Parks & much more. Opportunity Not To Be Missed.
MississaugaInvestor.ca
607- 4633 Glen Erin Drive
Condo Apartment · 2bd/1ba · ~750 sqft
$625,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.18%
Monthly Cash Flow
-$1,222/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-10.71%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,877 |
| Property Tax | −$438 |
| Insurance | −$225 |
| Condo Fee | −$199 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,222/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$5,250 |
| Insurance | −$2,700 |
| Condo Fee | −$2,388 |
| Annual NOI | $19,872 |
| Cap Rate | 3.18% |
Cash Required to Close
| Down Payment (20%) | $125,000 |
| Ontario Land Transfer Tax | $8,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $136,975 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.