216 Plains Road W E305, Burlington

$649,000
216 Plains Road W E305

$649,000

Price Change
36d
Condo Apartment1 Storey/Apt

216 Plains Road W E305, Burlington

Total Monthly Obligation $3,798

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
36d
Score
18
Yield
5.7%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-W13799646
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 17, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$3,411.35 (2026)
Maintenance-$695.69/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-Flexible
Neighbourhood-Bayview
Title-Residential Condo & Other

No agent assigned

Welcome to Oakland Green-one of Aldershot's most desirable condominium communities. This beautifully maintained, recently painted, 2-bedroom, 2-bathroom suite offers 1,267 sq. ft. of spacious living designed for everyday comfort. The updated kitchen features quartz countertops, stainless steel appliances, a breakfast bar, and plenty of storage, while the generous primary retreat boasts two closets and an updated ensuite. A renovated main bathroom, in-suite laundry, two prime parking spaces - 1 underground and the other near the main entry plus a private locker add exceptional convenience. Set in a well-managed building with great amenities, you'll enjoy an unbeatable location just moments from LaSalle Park & Marina, the Burlington waterfront, GO Transit, shopping, dining, Burlington Golf & Country Club, and easy highway access. An exceptional opportunity to enjoy low-maintenance living in one of Burlington's most sought-after neighbourhoods.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,798/mo
Mortgage $2,618
Monthly Loss $3,109
Principal$689
Interest$1,929
Property Tax$284
Condo Fees$696
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.8%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,044/yr
NOI
$19,180/yr
Net Cash Flow
-$1,020/mo
Cash Margin
-33.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.0/ 100

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

Comparables

Properties near 216 Plains Road W E305

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.