5340 Lakeshore Road 203, Burlington

$1,359,500
5340 Lakeshore Road 203

$1,359,500

New
24d
Condo Apartment1 Storey/Apt

5340 Lakeshore Road 203, Burlington

Total Monthly Obligation $7,189

Beds
1
Baths
2
Park
1
Sqft
1000-1199
DOM
24d
Score
14
Yield
3.3%
Cash on Cash
-12.8%
Cap Rate
1.8%
5Y IRR
5.6%
10Y IRR
6.9%
Property Type-Condo Apartment
MLS® Number-W13845172
Beds-1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$5,513 (2026)
Maintenance-$1,046.23/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT GOLFI REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Foundation-Concrete
Possession-Vacant Unit / Flexible
Neighbourhood-Appleby
Title-Residential Condo & Other

No agent assigned

Imagine waking up each morning listening to the sound of waves of Lake Ontario just beyond your window. Welcome to Suite 203 at 5340 Lakeshore Road, a beautifully finished one-bedroom, two-bathroom residence offering an exceptional waterfront lifestyle. Here, the lake is not simply a view, it is the backdrop to everyday living. Step from your living room onto the expansive private terrace and enjoy an extraordinary view and connection to the water, with manicured grounds and the shoreline seemingly right at your doorstep. Inside, sophisticated finishes, thoughtful proportions and abundant natural light create an elegant and inviting retreat. The bedroom and den capture the beauty of the lake through the generous windows. The two-bathroom layout provides exceptional comfort and convenience. Set within a high-end building directly on Lake Ontario, residents enjoy the added convenience of underground parking and an on-site guest suite. For those who appreciate refined surroundings, waterfront serenity and the ease of condominium living, this is a rare opportunity to experience Burlington from an extraordinary vantage point.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,087,600
Land Transfer Taxes$23,665
Legal Fees (Est.)
$
Total cash required for closing$297,065

Total Monthly Obligation

$7,189/mo
Mortgage $5,484
Monthly Loss $5,746
Principal$1,443
Interest$4,041
Property Tax$459
Condo Fees$1,046
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.7%0
5-Year IRR
3.4%7
10-Year IRR
5.6%
Returns Index
4.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$45,000/yr
NOI
$20,032/yr
Net Cash Flow
-$3,814/mo
Cash Margin
-101.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
13.9/ 100

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

Comparables

Properties near 5340 Lakeshore Road 203

Time

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Data last updated within the past 24 hours.