201- 1535 Lakeshore Road, Mississauga
Lakeview · Investor guide
$599,900
Estimated Value
$708,000
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 ROYAL LEPAGE PORRITT REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
20
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,400/mo
Based on Lakeview neighbourhood rental data for 3-bed Condo Apartment
Remarks
Bright and Spacious South-Facing Unit! Enjoy sun-filled living in this beautifully maintained condo featuring generous principal rooms with classic parquet flooring throughout. The renovated kitchen is perfect for cooking and entertaining. This unit offers two full bathrooms and the convenience of ensuite laundry with extra storage. Step out and relax on two separate balconies, offering great outdoor space. Whether you're a first-time buyer or looking to downsize for retirement, this home is ideal. Prime Location Walk to the creek, Lake Ontario, parks, scenic trails, transit, and GO station. Close to major highways, downtown Toronto, Pearson Airport, and shopping amenities.
MississaugaInvestor.ca
201- 1535 Lakeshore Road
Condo Apartment · 3bd/2ba · ~1,300 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.83%
Monthly Cash Flow
-$1,344/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-12.27%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$2,761 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$1,168 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$1,344/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$5,039 |
| Insurance | −$2,700 |
| Condo Fee | −$14,016 |
| Annual NOI | $17,005 |
| Cap Rate | 2.83% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
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.