
303- 2060 Lakeshore Road, Burlington
Burlington
$719,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Upscale waterfront living at Bridgewater Private Residences. This stunning 1 bedroom 1 1/2 bath executive residence is loaded with quality finished and top notch appliances! Gourmet kitchen with built-in Thermador gas range, buit-in oven, Bosch appliances, brand new engineered hardwood flooring throughout (July 2026), 10-foot ceilings and a thoughtfully designed open-concept layout! Floor to ceiling windows with an abundance of natural light, with a walk out to an impressive rarely available oversized 260 sq ft terrace with gas BBQ hookup! Incredible amenities for dining, or entertaining guests. Residents enjoy an unparalleled collection of luxury amenities, including a 24-hour concierge, indoor pool, two fitness studios, rooftop BBQ terrace with spectacular lake views, resident's lounge, games room, bike storage, and visitor parking. Ideally located in the heart of downtown Burlington, you'll enjoy a walkable waterfront lifestyle just steps from Spencer Smith Park, the Burlington waterfront, award-winning restaurants, cafes, boutique shopping, and everyday conveniences. Quick access to highways QEW, 403 & 407! Steps to Joseph Brant hospital! This growing waterfront communities has everything you need!
MississaugaInvestor.ca
303- 2060 Lakeshore Road
Condo Apartment · 1bd/2ba · ~650 sqft
$719,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.65%
Monthly Cash Flow
-$2,922/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-22.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$3,309 |
| Property Tax | −$557 |
| Insurance | −$225 |
| Condo Fee | −$778 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,922/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$6,687 |
| Insurance | −$2,700 |
| Condo Fee | −$9,336 |
| Annual NOI | $4,647 |
| Cap Rate | 0.65% |
Cash Required to Close
| Down Payment (20%) | $143,800 |
| Ontario Land Transfer Tax | $10,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $157,655 |
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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