
23- 1170 West Shore Drive, Mississauga
Lakeview · Investor guide
$1,185,000
Estimated Value
$963,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
4
Days on Market
7
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 Townhouse
Remarks
Welcome to this fully renovated, sun-drenched 3-bedroom, 4-bath executive townhome in the heart of Lakeview, where no expense has been spared - and with an unbeatable $114/mth maintenance fee, it lives like a freehold. The main level stuns with a cathedral ceiling, pot lights and real oak hardwood. The custom kitchen features a KitchenAid double wall oven, Whirlpool gas countertop range, pendant lighting and reverse osmosis water filtration. Entertainers Dream! Entertain around the island, or custom media wall with electric fireplace with dining for eight, as well as built-in drinks cabinet. Vibrant & elegant powder room, interior garage access and walk-out to the yard complete the main floor. New zebra blinds throughout. Upstairs, hardwood continues into a spectacular primary retreat boasting an 18ft cathedral ceiling, bay window (and tall window w/ motorized blinds) two closets (one with washer/dryer rough-in) and a spa-inspired 4-piece ensuite with fully tiled walls, free-standing tub, separate shower and heated floors. Two additional bedrooms with custom built-in closets share a full 3-piece bath. Solid core doors throughout, freshly painted top to bottom. The finished basement offers pot lights, an oversized 3-piece bath, kitchenette, extensive custom built-in storage and clever under-stair storage, ideal for extended family or long-term guests. Step out to a private backyard with gas BBQ hook-up. Positioned in the highly sought-after Lakeview community, steps to parks, best-rated schools including Cawthra Park, St. Paul's, Toronto French School, and the Carmen Corbasson Community Centre. Minutes to Port Credit Village, the Lakefront Promenade, trails and marina. Quick access to Long Branch GO, the QEW and 427 puts downtown and the airport minutes away. Turn-key luxury in one of Mississauga's fastest-appreciating neighbourhoods. Move-in ready! Must be seen in person!
MississaugaInvestor.ca
23- 1170 West Shore Drive
Condo Townhouse · 4bd/4ba · ~1,500 sqft
$1,185,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.66%
Monthly Cash Flow
-$2,823/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-13.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$5,454 |
| Property Tax | −$830 |
| Insurance | −$225 |
| Condo Fee | −$114 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$2,823/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$9,954 |
| Insurance | −$2,700 |
| Condo Fee | −$1,368 |
| Annual NOI | $31,578 |
| Cap Rate | 2.66% |
Cash Required to Close
| Down Payment (20%) | $237,000 |
| Ontario Land Transfer Tax | $20,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $260,175 |
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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