1575 Lakeshore Road W 270, Mississauga

$539,900
1575 Lakeshore Road W 270

$539,900

New
23d
Condo ApartmentApartment

1575 Lakeshore Road W 270, Mississauga

Total Monthly Obligation $3,294

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
17
Yield
5.3%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-W13842500
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,639 (2025)
Maintenance-$613.15/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CAPITAL NORTH REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Stone
Possession-Flexible
Neighbourhood-Clarkson
Title-Residential Condo & Other

No agent assigned

Welcome to unit 270 at The Craftsman Condominium! This beautifully maintained 1-bedroom + den suite offers 660 sq. ft. of thoughtfully designed living space in the heart of Clarkson. Featuring an open-concept layout with upgraded flooring, quartz countertops, refaced cabinetry, stainless steel appliances, and a custom centre island with built-in storage, this unit seamlessly blends style and functionality. The bright south-facing exposure fills the space with natural light through oversized windows and a walkout balcony. The spacious primary bedroom features a large triple-door closet and direct balcony access through a glass-panelled sliding door. The versatile den is ideal for a home office, dining area, guest space, or additional storage. Complete with a 4-piece bath featuring a quartz vanity and glass-panelled tub/shower enclosure. Enjoy premium building amenities and a convenient location just minutes from Clarkson GO Station, shopping, restaurants, parks, and Lake Ontario.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$3,294/mo
Mortgage $2,178
Monthly Loss $2,721
Principal$573
Interest$1,605
Property Tax$303
Condo Fees$613
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.6%16
10-Year IRR
8.1%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,728/yr
NOI
$12,458/yr
Net Cash Flow
-$1,140/mo
Cash Margin
-47.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
23.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1575 Lakeshore Road W 270

Time

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Data last updated within the past 24 hours.