1526 Westminster Place, Burlington

$615,000
1526 Westminster Place

$615,000

Price Change
58d
Condo Townhouse2-Storey

1526 Westminster Place, Burlington

Total Monthly Obligation $3,537

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
58d
Score
20
Yield
6.1%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-W13715892
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Aug 26, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,293.4 (2026)
Maintenance-$581.6/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Mountainside
Title-Residential Condo & Other

No agent assigned

Welcome to 14-1526 Westminster Pl, a spacious 3-bed, 2-bath townhome offering approx. 1,780 sq. ft. of finished living space in a convenient Burlington location. Set within a quiet, family-friendly complex with green space and a playground nearby, this well-kept home features an attached garage, private driveway and a fenced outdoor retreat with both a deck and patio-an inviting setting for everyday living and entertaining.The main level offers a comfortable, functional layout with hardwood flooring through the living and dining areas. The bright living room features a large sliding-door walkout to the deck, bringing in plenty of natural light and extending the living space outdoors. A separate dining area is ideal for family meals and entertaining, while the eat-in kitchen offers ample wood cabinetry, generous counter space, tile backsplash and room for casual dining. A convenient 2-pc bath completes this level.Upstairs, the spacious primary bedroom is joined by 2 additional bedrooms, offering flexibility for children, guests or a home office. A 4-pc main bath serves this level.The finished lower level adds valuable living space with a generous rec room, perfect for movie nights, a playroom, hobby space or home gym. Laundry, storage and direct access to the attached garage complete this level.Outside, enjoy your own private fenced retreat with a raised deck and lower patio surrounded by gardens, offering plenty of space to relax, BBQ or entertain. With green space and a playground just steps away, this home offers an excellent combination of indoor space, outdoor living and convenience, close to parks, schools, shopping, transit and everyday amenities. Property being sold "as is ".

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,537/mo
Mortgage $2,481
Monthly Loss $2,884
Principal$653
Interest$1,828
Property Tax$274
Condo Fees$582
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.7%41
10-Year IRR
11.3%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$37,800/yr
NOI
$21,347/yr
Net Cash Flow
-$702/mo
Cash Margin
-22.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
24.3/ 100

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

Comparables

Properties near 1526 Westminster Place

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Data last updated within the past 24 hours.