2121 Lakeshore Road 404, Burlington

$779,000
2121 Lakeshore Road 404

$779,000

New
22d
Condo Apartment1 Storey/Apt

2121 Lakeshore Road 404, Burlington

Total Monthly Obligation $5,157

Bed+Den
3+1
Baths
2
Park
1
Sqft
1400-1599
DOM
22d
Score
24
Yield
8.4%
Cash on Cash
3.1%
Cap Rate
5.3%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Condo Apartment
MLS® Number-W13851194
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$5,746.43 (2026)
Maintenance-$1,336/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Other
Roof-Flat
Foundation-Concrete
Possession-Immediate
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Walk to Downtown, Spencer Smith Park, the Waterfront Trail and Restaurants! Welcome to Village Gate Condominiums, where manicured grounds, a beautifully updated lobby and a quiet, well-maintained atmosphere create an inviting place to call home. This bright and spacious 2 Bedroom, 2 Bathroom condo with a generous den offers a thoughtfully designed layout with plenty of space for everyday living and entertaining. The open concept living and dining areas provide an effortless flow and a welcoming setting for gatherings. The spacious primary suite features a private ensuite bathroom and walk-in closet while the second bedroom offers flexibility for family, guests or a home office. Enjoy the convenience of one underground parking space, one spacious storage locker and ample visitor parking. Ideally located within walking distance to Downtown Burlington, Spencer Smith Park, the Waterfront Trail, restaurants, shops and everyday amenities, this is an excellent opportunity to enjoy a low-maintenance lifestyle in one of Burlington's desirable Waterfront Communities.

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

Closing Costs

Mortgage Amount
$623,200
Land Transfer Taxes$12,055
Legal Fees (Est.)
$
Total cash required for closing$169,355

Total Monthly Obligation

$5,157/mo
Mortgage $3,142
Monthly Loss $4,330
Principal$827
Interest$2,315
Property Tax$479
Condo Fees$1,336
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-1.9%5
5-Year IRR
14.4%68
10-Year IRR
14.3%
Returns Index
35.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$65,232/yr
NOI
$34,530/yr
Net Cash Flow
-$265/mo
Cash Margin
-4.9%2
Cash Flow Index
1.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
22.5/ 100

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

Comparables

Properties near 2121 Lakeshore Road 404

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.