
205- 1535 Lakeshore Road, Mississauga
Lakeview · Investor guide
$608,000
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 RCR REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
14
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
Welcome to Unit 205, a tastefully renovated, spacious 3-bedroom, 2-bathroom condo nestled in the highly sought-after Lakeview community, just steps from Lake Ontario! Beautifully finished in fresh neutral tones with wide-plank, sound-proofed laminate flooring, new trim, and upgraded light fixtures throughout. The updated kitchen features new cabinetry, a stainless steel fridge and stove, contemporary backsplash, and an adjoining breakfast area with a pantry. The primary bedroom offers a private 4-piece ensuite and a generous double walk-in closet. The stylish main bathroom is conveniently located and features a walk-in shower. Two additional bedrooms provide flexible space for family, guests, or a home office. The bright open-concept living and formal dining area leads to the building's largest balcony spanning over 28 feet, perfect for relaxing, enjoying your morning coffee, or summer dining. Surrounded by lush green space and golf courses, the impeccably maintained grounds feature extensive gardens, BBQ areas, and tennis courts. Across the street, enjoy Toronto's beautiful Marie Curtis Park with direct access to the Waterfront Trail, lakefront, beach, playground, wading pool, and scenic picnic areas. Exceptional location! Steps to Long Branch GO Station, TTC transit, and major highways, with an easy commute to downtown Toronto. Minutes to Pearson International Airport, the Carmen Corbasson Community Centre, shopping, dining, and Humber College. Enjoy truly worry-free, all-inclusive living with maintenance fees covering heat, hydro, water, central air conditioning, Rogers digital cable, Rogers high-speed internet, underground parking, building insurance, and common elements. Turnkey and move-in ready, this home offers the perfect blend of spacious living, everyday convenience, and a low-maintenance condominium lifestyle. Experience the very best of Mississauga lakeside living! Some images have been virtually staged.
MississaugaInvestor.ca
205- 1535 Lakeshore Road
Condo Apartment · 3bd/2ba · ~1,100 sqft
$608,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.9%
Monthly Cash Flow
-$1,331/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-11.99%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$2,799 |
| Property Tax | −$426 |
| Insurance | −$225 |
| Condo Fee | −$1,111 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$1,331/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$5,107 |
| Insurance | −$2,700 |
| Condo Fee | −$13,332 |
| Annual NOI | $17,621 |
| Cap Rate | 2.9% |
Cash Required to Close
| Down Payment (20%) | $121,600 |
| Ontario Land Transfer Tax | $8,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $133,235 |
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.