1485 Lakeshore Rd. E 518, Mississauga

$450,000
1485 Lakeshore Rd. E 518

$450,000

New
11d
Condo ApartmentApartment

1485 Lakeshore Rd. E 518, Mississauga

Total Monthly Obligation $3,252

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
11d
Score
17
Yield
6.6%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-W14080934
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 12, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,046.12 (2026)
Maintenance-$982.91/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 KELLEHER REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-flexible
Neighbourhood-Lakeview
Title-Residential Condo & Other

No agent assigned

Welcome to the Lakewood by the Park. This beautifully maintained condominium Building located in a very desirable area, freshly painted 2 bedrooms plus solarium condo with a great view. Large Primary bedroom has large window and double door closet; second bedroom has access to solarium/den. Open concept living & dining combined. Ideal for a small family or a retiring couple looking to downside from a large home. Comes with 2 exclusive large separate underground parking spots side by side plus a spacious locker. Living, Dining with access to solarium/den perfect for a home office. Building amenities make this suite that much more attractive, offering a tennis court, rooftop deck with a beautiful view of Toronto, family spa. gym, complete with sauna, and a great deal of visitors parking spots. Located on the edge of Mississauga and Etobicoke. Walking distance to Long Branch Go train station. TTC. MiWay, Highways, downtown Toronto, across from Marie Curtis Park, Lakefront Trails, Close to Hwy 427/QEW and Pearson Airport.

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Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$3,252/mo
Mortgage $1,815
Monthly Loss $2,774
Principal$478
Interest$1,338
Property Tax$254
Condo Fees$983
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
6.1%14
10-Year IRR
7.9%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$29,688/yr
NOI
$9,478/yr
Net Cash Flow
-$1,025/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
23.7/ 100

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

Comparables

Properties near 1485 Lakeshore Rd. E 518

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.