PH01- 1535 Lakeshore Road, Mississauga
Lakeview · Investor guide
$629,000
Estimated Value
$708,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE PORRITT REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
18
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
Enjoy breathtaking lake views from this bright and spacious south-facing condo, offering an incredible opportunity to renovate and personalize to your own taste and style. This sun-filled unit features generously sized principal rooms with two full bathrooms for added comfort and convenience. The ensuite laundry room provides extra storage, making everyday living even more practical. Step outside onto one of two private balconies, perfect for enjoying your morning coffee, entertaining guests, or taking in the beautiful lake views and fresh air. Ideally situated in a highly desirable location, you're just steps from the creek, Lake Ontario, waterfront parks, scenic walking and cycling trails, public transit, and the GO Station. With easy access to major highways, downtown Toronto, Pearson Airport, and a wide variety of shopping, dining, and everyday amenities, this property offers exceptional convenience and lifestyle. A fantastic opportunity to create your dream home in an unbeatable lakeside location!
MississaugaInvestor.ca
PH01- 1535 Lakeshore Road
Condo Apartment · 3bd/2ba · ~1,300 sqft
$629,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.66%
Monthly Cash Flow
-$1,498/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-13.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$2,895 |
| Property Tax | −$440 |
| Insurance | −$225 |
| Condo Fee | −$1,168 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$1,498/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$5,284 |
| Insurance | −$2,700 |
| Condo Fee | −$14,016 |
| Annual NOI | $16,760 |
| Cap Rate | 2.66% |
Cash Required to Close
| Down Payment (20%) | $125,800 |
| Ontario Land Transfer Tax | $9,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,855 |
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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