
1607- 1535 Lakeshore Road, Mississauga
Lakeview · Investor guide
$729,000
Estimated Value
$763,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL STAR REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
4
Bathrooms
2
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,000/mo
Based on Lakeview neighbourhood rental data for 4-bed Condo Apartment
Remarks
Sun-Filled Luxury Living with Breathtaking Views. Welcome to this beautifully renovated, high-floor residence offering 1,315 sq. ft. of bright, elegant living space with unobstructed views of lush greenery and the Toronto skyline. Bathed in natural light, this spacious three-bedroom, two-bathroom suite provides the perfect balance of comfort and sophistication.**** The updated kitchen features granite countertops and ample cabinetry, flowing seamlessly into an expansive living room designed for both relaxing and entertaining. A separate, generously sized dining room offers the ideal setting for hosting family and friends.**** The primary retreat includes an Upgraded 4-piece ensuite with Quartz Counter top and a walk-in closet. Two additional Full-sized bedrooms offer flexibility for family, guests, or a home office. A second fully updated 4-piece bathroom features a modern quartz vanity.**** Renovated & Freshly Painted Apartment With Newly Polished Parquet Wood Floors. New Modern Light Fixtures Throughout.**** Step out onto your large private balcony and take in the spectacular north-east facing views of the Toronto Golf Club, Etobicoke Creek, and the Toronto city skyline - a serene backdrop for morning coffee or evening sunsets. **** Enjoy resort-style condo amenities-Party/Games Room, Gym/Exercise Rooms, Squash Court, Tennis Court And A Table Tennis Room And A Sauna! An unbeatable location. Long Branch GO Station, TTC, streetcar access, and the Mississauga Transit loop are all less than a 5-minute walk away. You're steps to Etobicoke Creek trails and Marie Curtis Park, across from Lake Ontario, and close to Humber College. Convenient shopping, dining, and entertainment in Long Branch and Port Credit complete the lifestyle. One Parking Included Experience luxury, space, convenience, and spectacular views - all in one exceptional home.
MississaugaInvestor.ca
1607- 1535 Lakeshore Road
Condo Apartment · 4bd/2ba · ~1,300 sqft
$729,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.02%
Monthly Cash Flow
-$1,523/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-11.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$3,355 |
| Property Tax | −$510 |
| Insurance | −$225 |
| Condo Fee | −$1,233 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$1,523/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$6,124 |
| Insurance | −$2,700 |
| Condo Fee | −$14,796 |
| Annual NOI | $21,980 |
| Cap Rate | 3.02% |
Cash Required to Close
| Down Payment (20%) | $145,800 |
| Ontario Land Transfer Tax | $11,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $159,855 |
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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