457 Plains Road E 108, Burlington

$599,999
457 Plains Road E 108

$599,999

New
24d
Condo Apartment1 Storey/Apt

457 Plains Road E 108, Burlington

Total Monthly Obligation $3,737

Beds
2
Baths
2
Park
2
Sqft
900-999
DOM
24d
Score
16
Yield
5.3%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-W13840122
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,847.91 (2026)
Maintenance-$795.88/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Concrete
Possession--
Neighbourhood-LaSalle
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 108 at Jazz by Branthaven, where the outdoor space is every bit as impressive as the home itself. This ground-floor, carpet-free suite offers over 950 sq. ft. of indoor living space, with two bedrooms, two bathrooms and an open-concept layout. Ten-foot ceilings give the home an airy feel, while the spacious primary bedroom includes a private ensuite. Step outside to a remarkable terrace with over 800 sq. ft. of space for dining, lounging and entertaining. The suite also includes two owned parking spaces and an owned locker. Residents can enjoy the building's gym and oversized party room with a pool table. Set in Aldershot, close to downtown Burlington, Mapleview Mall and major highways, this is condo living with room to enjoy life inside and out.

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$
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%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,737/mo
Mortgage $2,420
Monthly Loss $3,100
Principal$637
Interest$1,783
Property Tax$321
Condo Fees$796
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.9%14
10-Year IRR
7.6%
Returns Index
8.2/ 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
$31,680/yr
NOI
$12,714/yr
Net Cash Flow
-$1,361/mo
Cash Margin
-51.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.3/ 100

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

Comparables

Properties near 457 Plains Road E 108

Time

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Data last updated within the past 24 hours.