1535 Lakeshore Road E 201, Mississauga

$599,900
1535 Lakeshore Road E 201

$599,900

New
22d
Condo ApartmentApartment

1535 Lakeshore Road E 201, Mississauga

Total Monthly Obligation $4,263

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
15
Yield
5.9%
Cash on Cash
-10.4%
Cap Rate
2.4%
5Y IRR
7.4%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-W13849368
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,720.62 (2026)
Maintenance-$1,332.67/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PORRITT REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/60/90/TBA
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

Bright and Spacious South-Facing Unit! Enjoy sun-filled living in this beautifully maintained condo featuring generous principal rooms with classic parquet flooring throughout. The renovated kitchen is perfect for cooking and entertaining. This unit offers two full bathrooms and the convenience of ensuite laundry with extra storage. Step out and relax on two separate balconies, offering great outdoor space. Whether you're a first-time buyer or looking to downsize for retirement, this home is ideal. Prime Location Walk to the creek, Lake Ontario, parks, scenic trails, transit, and GO station. Close to major highways, downtown Toronto, Pearson Airport, and shopping amenities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$4,263/mo
Mortgage $2,420
Monthly Loss $3,626
Principal$637
Interest$1,783
Property Tax$310
Condo Fees$1,333
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.9%0
5-Year IRR
4.4%9
10-Year IRR
6.6%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$35,484/yr
NOI
$9,823/yr
Net Cash Flow
-$1,601/mo
Cash Margin
-54.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
18.8/ 100

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

Comparables

Properties near 1535 Lakeshore Road E 201

Time

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