5188 Lakeshore Road 409, Burlington

$699,900
5188 Lakeshore Road 409

$699,900

New
15d
Condo Apartment1 Storey/Apt

5188 Lakeshore Road 409, Burlington

Total Monthly Obligation $4,194

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
22
Yield
7.2%
Cash on Cash
1.3%
Cap Rate
4.9%
5Y IRR
16.6%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-W13878300
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$3,970 (2026)
Maintenance-$839.73/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Other)
Brokerage-RE/MAX ESCARPMENT TEAM LOGUE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Appleby
Title-Residential Condo & Other

No agent assigned

Welcome home. Lakeside living at its finest! This beautifully appointed 2-bedroom, 2-bathroom condominium offering over 1,000 square feet of thoughtfully designed living space in an intimate 5-storey building. Featuring an open-concept layout with hardwood flooring, a stylish kitchen with granite breakfast bar and upgraded appliances, and spacious living and dining areas ideal for entertaining. Enjoy the expansive private balcony with walkouts from both the primary bedroom and main living area, creating seamless indoor-outdoor living. Set within an exclusive, low-rise condominium complex along the shores of Lake Ontario, offering a rare combination of privacy, comfort and exceptional lakeside lifestyle. An outstanding opportunity to enjoy relaxed condominium living in a beautiful waterfront setting!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$4,194/mo
Mortgage $2,823
Monthly Loss $3,451
Principal$743
Interest$2,080
Property Tax$331
Condo Fees$840
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.1%58
10-Year IRR
13.2%
Returns Index
30.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$50,196/yr
NOI
$28,730/yr
Net Cash Flow
-$429/mo
Cash Margin
-10.3%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
23.6/ 100

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

Comparables

Properties near 5188 Lakeshore Road 409

Time

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Data last updated within the past 24 hours.