1709- 2155 Burnhamthorpe Road, Mississauga
Erin Mills · Investor guide
$549,999
Estimated Value
$512,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by GET HOME REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Based on Erin Mills neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to 1709, 2155 Burnhamthorpe Rd W Mississauga. A home fully loaded with upgrades. This charming Corner Unit has Spectacular Unobstructed Picturesque Views Of Ravine From The Panoramic Windows Of This 1210 Sqft Unit. Great Location!! Eagle Ridge Offers 3.5 Acres Of Gated Community With Private Recreation Centre For Residence With Indoor Pool, Hot Tub, Sauna, Gym, Basketball/Squash Courts. 24 Hr Security At Gatehouse. Principal Bedroom Features Walk In Closet With Built-Ins & 4 Piece En-Suite. Recently upgraded the Kitchen countertop with backsplash, Customized modern walk-in closets in both the bedrooms. Luxurious window blinds in the entire unit, modern lights. Also included Fridge, Stove, Dishwasher, Washer/Dryer. Window Coverings & Elf. Maintenance Fee Includes Water, Heat, Hydro, Cable T.V, Washbay ,, 2 Underground Parkings & 1 Locker. Steps To South Common Mall/Public Transportation Minutes From 403 & Qew.
MississaugaInvestor.ca
1709- 2155 Burnhamthorpe Road
Condo Apartment · 2bd/2ba · ~1,300 sqft
$549,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.35%
Monthly Cash Flow
-$1,912/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-19.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$2,532 |
| Property Tax | −$385 |
| Insurance | −$225 |
| Condo Fee | −$1,240 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$1,912/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$4,620 |
| Insurance | −$2,700 |
| Condo Fee | −$14,880 |
| Annual NOI | $7,440 |
| Cap Rate | 1.35% |
Cash Required to Close
| Down Payment (20%) | $109,999.8 |
| Ontario Land Transfer Tax | $7,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,474.8 |
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
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