521 Timber Lane 39, Burlington

$499,000
521 Timber Lane 39

$499,000

New
25d
Condo Townhouse2-Storey

521 Timber Lane 39, Burlington

Total Monthly Obligation $3,171

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
25d
Score
39
Yield
9.4%
Cash on Cash
10.0%
Cap Rate
6.7%
5Y IRR
23.6%
10Y IRR
21.3%
Property Type-Condo Townhouse
MLS® Number-W13835834
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,633 (2025)
Maintenance-$739/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REALTY WEALTH GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Appleby
Title-Residential Condo & Other

No agent assigned

Welcome to this Beautifully Renovated 3 Bedroom, 2 Washroom townhouse located in the heart of Burlington. Thoughtfully updated with modern finishes, this home offers a bright and functional layout ideal for families, professionals, or first-time buyers. The stylish kitchen features upgraded cabinetry, quality countertops, and ample storage, seamlessly flowing into the open-concept living and dining areas-perfect for everyday living and entertaining. Spacious bedrooms provide comfort and versatility, while bathrooms add a fresh, contemporary feel. Enjoy a low-maintenance living in a well-managed complex, close to parks, schools, shopping, transit, and major highways. A move-in-ready home in a highly desirable neighbourhood. Don't miss the opportunity! Exterior photos are virtually rendered from original photos taken in the winter.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,171/mo
Mortgage $2,013
Monthly Loss $2,642
Principal$530
Interest$1,483
Property Tax$219
Condo Fees$739
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.7%46
Cash-on-Cash
4.0%18
5-Year IRR
19.2%90
10-Year IRR
18.2%
Returns Index
52.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
39/ 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
$47,076/yr
NOI
$28,467/yr
Net Cash Flow
$359/mo
Cash Margin
9.2%24
Cash Flow Index
23.7/ 100
Risk Profile
Weight: 20%
DSCR
1.1843
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
36.8/ 100

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

Comparables

Properties near 521 Timber Lane 39

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.