1515 Lakeshore Road 1708, Mississauga

$695,000
1515 Lakeshore Road 1708

$695,000

New
8d
Condo ApartmentApartment

1515 Lakeshore Road 1708, Mississauga

Total Monthly Obligation $4,551

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
18
Yield
6.6%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-W14081406
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$4,046.99 (2026)
Maintenance-$1,210.03/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

Beautifully renovated 3 bedroom, 2 bathroom condo offering 1,310 sq. ft. of spacious living with stunning views of Toronto Golf Club. Beautiful hardwood flooring flows throughout the open concept living area, creating an inviting space for relaxing and entertaining. The updated kitchen features stainless steel appliances and a centre island, complemented by a rare dedicated dining area with plenty of room to gather with family and friends. Enjoy the convenience of maintenance fees that include all utilities, cable and internet. Exceptional building amenities include a new indoor pool and gym, sauna, and meeting/party room. A wonderful opportunity to enjoy generous living space, modern finishes and beautiful views.

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

Closing Costs

Mortgage Amount
$556,000
Land Transfer Taxes$10,375
Legal Fees (Est.)
$
Total cash required for closing$150,875

Total Monthly Obligation

$4,551/mo
Mortgage $2,803
Monthly Loss $3,813
Principal$738
Interest$2,066
Property Tax$337
Condo Fees$1,210
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
9.0%29
10-Year IRR
10.0%
Returns Index
15.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$46,044/yr
NOI
$20,472/yr
Net Cash Flow
-$1,097/mo
Cash Margin
-28.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.4/ 100

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

Comparables

Properties near 1515 Lakeshore Road 1708

Time

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Data last updated within the past 24 hours.