
1501- 2060 Lakeshore Road, Burlington
Burlington
$1,599,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
101
Price Drop
6%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional corner residence, where refined living meets breathtaking, unobstructed views of Lake Ontario. Perfectly positioned in the heart of downtown Burlington, this coveted address places you just steps from acclaimed restaurants, boutique shops, cafés, the Performing Arts theatre, Spencer Smith Waterfront Park, the Waterfront Trail, the Art Gallery of Burlington, and Burlington Beach. Bridgewater Private Residences, seamlessly connected to the Pearl Luxury Hotel, offer an unparalleled lifestyle of comfort and sophistication. Residents enjoy privileged access to the Pearl Spa indoor pool and fitness centre, along with an array of premium amenities including a 24-hour concierge, elegant party and games lounge, additional fitness facilities, a rooftop terrace with sweeping lake views, bike storage, and valet visitor parking. This beautifully appointed 1,253 sq. ft. Gluckstein-designed suite showcases elevated finishes throughout, including custom cabinetry and marble flooring. The thoughtfully curated layout features two bedrooms, each with a private ensuite, as well as a dedicated dining room ideal for entertaining. Expansive floor-to-ceiling windows, complete with automatic blinds, flood the space with natural light while framing the spectacular waterfront backdrop. Step onto the 133 sq. ft. private balcony to unwind and take in the serene, ever-changing lake views. Additional features include two underground parking spaces and a storage locker, offering both convenience and peace of mind. A rare opportunity to own a premier waterfront residence in one of Burlington's most distinguished buildings.
MississaugaInvestor.ca
1501- 2060 Lakeshore Road
Condo Apartment · 2bd/2ba · ~1,300 sqft
$1,599,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.07%
Monthly Cash Flow
-$7,271/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-24.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$7,360 |
| Property Tax | −$1,239 |
| Insurance | −$225 |
| Condo Fee | −$1,629 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$7,271/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$14,871 |
| Insurance | −$2,700 |
| Condo Fee | −$19,548 |
| Annual NOI | $1,071 |
| Cap Rate | 0.07% |
Cash Required to Close
| Down Payment (20%) | $319,800 |
| Ontario Land Transfer Tax | $28,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $351,255 |
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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