1351 Lakeshore Road 15, Burlington

$399,999
1351 Lakeshore Road 15

$399,999

New
4d
Co-op ApartmentApartment

1351 Lakeshore Road 15, Burlington

Total Monthly Obligation $2,337

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
4d
Score
19
Yield
5.2%
Cash on Cash
-5.7%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Co-op Apartment
MLS® Number-W14097812
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Co-op Apartment
Age-51-99
Maintenance-$524/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE MEADOWTOWNE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Discover your ideal entry to Burlington's housing market with this move-in-ready 2-bedroom, 1-bath apartment in the heart of downtown. At 755sq ft, the open-plan living area is bathed in natural light and anchored by large windows showcasing sweeping views of Lake Ontario. Step outside and you're literally across the road from the waterfront-perfect for morning walks and sunrises or weekend picnics by the lake. Inside, neutral finishes and quality flooring set the stage for your personal touches. The efficient kitchen offers ample counter space and cabinetry, while both bedrooms provide comfortable retreats with generous storage. The bathroom is clean, well maintained and ready for your daily routine. Location can't be beat: literally minutes to Highway 403, Joseph Brant Hospital, local parks and top-rated schools. Enjoy the convenience of downtown shops, cafes and eateries right at your doorstep. Priced for affordability, this unit represents a rare chance for first-time buyers or investors to step into one of Burlington's most coveted neighbourhoods. Schedule your private showing today and start customizing this gem to reflect your personal style.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,999
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,337/mo
Mortgage $1,613
Monthly Loss $1,913
Principal$425
Interest$1,189
Condo Fees$524
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.3%20
10-Year IRR
8.7%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$20,916/yr
NOI
$10,136/yr
Net Cash Flow
-$769/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
31.5/ 100

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

Comparables

Properties near 1351 Lakeshore Road 15

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.

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

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Data last updated within the past 24 hours.