1515 Lakeshore Road 708, Mississauga

$525,000
1515 Lakeshore Road 708

$525,000

New
3d
Condo ApartmentApartment

1515 Lakeshore Road 708, Mississauga

Total Monthly Obligation $3,840

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
3d
Score
22
Yield
8.8%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Condo Apartment
MLS® Number-W14101646
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$3,753 (2025)
Maintenance-$1,210.03/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

An opportunity to create your own model suite. *Renovations required* 1310 square foot unit - 3 bedrooms + 2 baths, 1 parking. View of Toronto Golf Club, directly across from Marie Curtis Park, which includes waterfront trails, beach, and splash pad. Long Branch GO, TTC & MiWay Transit options are steps away. Quick access to the QEW & Highway 427

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

Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,840/mo
Mortgage $2,118
Monthly Loss $3,283
Principal$557
Interest$1,560
Property Tax$313
Condo Fees$1,210
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%26
Cash-on-Cash
-4.1%3
5-Year IRR
12.8%56
10-Year IRR
13.1%
Returns Index
28.9/ 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
$46,044/yr
NOI
$20,766/yr
Net Cash Flow
-$387/mo
Cash Margin
-10.1%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
24.3/ 100

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

Comparables

Properties near 1515 Lakeshore Road 708

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.

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Data last updated within the past 24 hours.