298 Lakeshore Road E, Mississauga

$2,999,900
298 Lakeshore Road E

$2,999,900

New
16d
Detached2-Storey

298 Lakeshore Road E, Mississauga

Total Monthly Obligation $16,202

Beds
4
Baths
2
Park
4
Sqft
1500-2000
DOM
16d
Score
12
Yield
1.7%
Cash on Cash
-20.7%
Cap Rate
0.1%
5Y IRR
-0.4%
10Y IRR
2.5%
Property Type-Detached
MLS® Number-W13876564
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-54.63 × 175 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$44,718.92 (2026)
Parking-6 - Detached
Basement-Full, Partially Finished
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE ASSOCIATES
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Credit
Title-Residential Freehold

No agent assigned

55ft x 175ft double lot. Ideal for private bussiness practice law/ medical/ most retail use. Development Opportunity to build premium town homes along Cayuga ave or C4-43 Commercial Zoning with grandfathered 6-storey height potential and buildable space. Flexible development possibilities including freehold stacked townhomes, commercial/retail uses with apartments above, office, and other permitted uses.

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

Closing Costs

Mortgage Amount
$2,399,920
Land Transfer Taxes$61,473
Legal Fees (Est.)
$
Total cash required for closing$662,953

Total Monthly Obligation

$16,202/mo
Mortgage $12,101
Monthly Loss $13,018
Principal$3,184
Interest$8,916
Property Tax$3,727
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
-0.1%5
Cash-on-Cash
-23.0%0
5-Year IRR
-2.0%1
10-Year IRR
1.7%
Returns Index
1.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
12/ 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
$51,432/yr
NOI
-$2,930/yr
Net Cash Flow
-$12,345/mo
Cash Margin
-288.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-0.021
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
10.6/ 100

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

Comparables

Properties near 298 Lakeshore Road E

Time

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