493 Forestwood Crescent, Burlington

$1,250,000
493 Forestwood Crescent

$1,250,000

New
25d
DetachedSidesplit

493 Forestwood Crescent, Burlington

Total Monthly Obligation $5,889

Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
25d
Score
16
Yield
3.6%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W13837432
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 110 ft
Listed on site-Sep 28, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$5,662.28 (2026)
Parking-5 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-East
Exterior-Board & Batten , Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Appleby
Title-Residential Freehold

No agent assigned

Welcome Home to this beautifully updated 3 bed, 2 bathroom home in a highly sought after neighbourhood! Offering an ideal combination of style, comfort, and functionality, this move in ready home has been thoughtfully updated throughout and is perfect for both everyday family living and entertaining.The spacious kitchen is the heart of the home, featuring stainless steel appliances and plenty of room for family and friends, with a new refrigerator installed in 2026. Recent updates throughout provide peace of mind and modern convenience, including a new roof and blown-in insulation, professionally installed front and rear doors (2025), and fresh paint. The upstairs bathroom was renovated in 2026, while solid-core doors throughout add an elevated feel and improved privacy. Storage is exceptional, with a generous walk-in closet and closet organizers in every closet and a large crawl space making organization effortless.The fully renovated basement expands the living space with a large family and entertainment area perfect for movie nights, game days, a home gym, playroom, or gathering with friends and family.Step outside to your own private backyard oasis! Fully landscaped and designed with entertaining in mind, this incredible outdoor space features a gazebo and inviting pool area, creating the perfect setting for summer gatherings, relaxing evenings, and making memories. The pool has been thoughtfully maintained with a new liner and filter in 2024 and a pool heater installed in 2023. It also features a water fall and led lighting.With extensive updates, beautiful finishes, exceptional storage, a finished basement, and an entertainer's dream backyard, this home offers the opportunity to simply move in, settle in, and enjoy everything it has to offer!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,889/mo
Mortgage $5,042
Monthly Loss $4,562
Principal$1,327
Interest$3,715
Property Tax$472
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.7%17
10-Year IRR
8.0%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,904/yr
NOI
$30,251/yr
Net Cash Flow
-$2,521/mo
Cash Margin
-67.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
16.1/ 100

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

Comparables

Properties near 493 Forestwood Crescent

Time

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Data last updated within the past 24 hours.