
631- 101 Shoreview Place, Hamilton
Hamilton
$749,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE STATE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
64
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
WATERFRONT PENTHOUSE WITH DIRECT LAKE VIEWS - SELLER FINANCING AVAILABLE AT 3.5% WITH 30% DOWN. Spacious condo offering stunning panoramic water views from all rooms. Featuring 2 bedrooms + Den/Office & 10' ceilings throughout. Thoughtfully upgraded, styled by an interior designer. Hardwood flooring runs throughout, while Granite countertops in the kitchen and both bathrooms add a sophisticated touch. Open-concept layout flows seamlessly between kitchen, dining, & living areas, w/large patio door & windows that bathe the space in natural light. Step onto balcony at the water's edge for a private retreat. Primary bedroom includes a full 3 pce ensuite & generous walk-in-closet space, while the second bedroom offers flexibility for guests, a home office, or family needs. Unit also offers a second full bathroom & in-suite laundry for added convenience. Additional features include thermal heating & cooling (no cost), plus underground parking close to elevator as an added bonus. Residents enjoy a rooftop terrace w/lounge seating, a fitness centre, bike storage area, & a party room w/kitchenette. The Waterfront Trail & sandy beach are just steps away for walking, cycling, swimming, kayaking, or paddle boarding. From sunrise to sunset, Lake Ontario's beauty is always present. The location is equally impressive, offering minutes to QEW, the Linc, the new Confederation GO Station, shopping, dining, and all other amenities. Great parks & the multi-million-dollar sports complex including pickle ball courts and cricket field are a short walk away. Don't miss the chance to make this lakefront property your own, where every day begins with a different view & every detail has been designed to impress. A unique opportunity to secure premium waterfront living with attractive seller financing at below-market interest rate. Ideal opportunity for self-employed professionals, down-sizers, retirees or buyers seeking financing flexibility to own a private, lakefront property.
MississaugaInvestor.ca
631- 101 Shoreview Place
Condo Apartment · 3bd/2ba · ~950 sqft
$749,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.93%
Monthly Cash Flow
-$2,871/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-20.95%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$3,452 |
| Property Tax | −$787 |
| Insurance | −$225 |
| Condo Fee | −$687 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$2,871/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$9,449 |
| Insurance | −$2,700 |
| Condo Fee | −$8,244 |
| Annual NOI | $6,967 |
| Cap Rate | 0.93% |
Cash Required to Close
| Down Payment (20%) | $149,980 |
| Ontario Land Transfer Tax | $11,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,453 |
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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