5515 BLIND Line, Burlington

$2,299,000
5515 BLIND Line

$2,299,000

New
24d
Detached2-Storey

5515 BLIND Line, Burlington

Total Monthly Obligation $10,079

Beds
4
Baths
3
Park
10
Sqft
2500-3000
DOM
24d
Score
13
Yield
1.6%
Cash on Cash
-15.4%
Cap Rate
1.3%
5Y IRR
3.7%
10Y IRR
5.5%
Property Type-Detached
MLS® Number-W13841688
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-328 × 290 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,163.71 (2025)
Parking-13 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Burlington
Title-Residential Freehold

No agent assigned

Experience the perfect balance of historic character and modern luxury in this meticulously restored 1880 Heritage Victorian. Situated on a serene 2.1-acre parcel in the coveted village of Lowville, this home offers an idyllic retreat surrounded by nature and rolling horse farms. The main level exudes charm with 10-foot ceilings, authentic oak plank hardwood floors, and a bright, farmhouse-inspired kitchen. Designed for practical living, the main floor also includes a mudroom and laundry room. The upper level features a spacious primary suite with a spa-like ensuite and walk-in closet, alongside three additional generous bedrooms and a four-piece bath. Enjoy scenic outdoor living from the classic front porch or the extensive wrap-around rear porch. Complete with a newly rebuilt, detached 3-car garage featuring a versatile loft, this property is a rare gem in an exceptional location! Let's get you home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,839,200
Land Transfer Taxes$43,950
Legal Fees (Est.)
$
Total cash required for closing$505,250

Total Monthly Obligation

$10,079/mo
Mortgage $9,274
Monthly Loss $7,639
Principal$2,440
Interest$6,833
Property Tax$430
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.0%8
Cash-on-Cash
-17.7%0
5-Year IRR
1.7%4
10-Year IRR
4.2%
Returns Index
3.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$37,200/yr
NOI
$23,816/yr
Net Cash Flow
-$7,289/mo
Cash Margin
-235.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.212
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.1/ 100

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

Comparables

Properties near 5515 BLIND Line

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.