3119 Hedges Drive, Burlington

$1,399,999
3119 Hedges Drive

$1,399,999

New
23d
Detached2-Storey

3119 Hedges Drive, Burlington

Total Monthly Obligation $6,526

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
23d
Score
15
Yield
3.4%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-W13842490
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-33.16 × 86.73 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,046.43 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REALTY PLUS OAKVILLE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Alton
Title-Residential Freehold

No agent assigned

Absolute showstopper! Upgraded Sundial home combines thoughtful design, quality craftsmanship & exceptional attention to detail, enhanced by airy 9' main level ceilings & 2552sf of beautifully finished space. Set on a premium pie lot with an impressive 46' rear width, this exceptional home is tucked away on a quiet street in desirable Alton Village. Extensively updated in 2023/2024, premium hardwood flooring flows throughout, including a striking herringbone pattern across the main living and dining areas. An upgraded staircase, custom window coverings, built-ins and thoughtful design details create a cohesive, elevated finish.The 2023 renovated kitchen is a true focal point, featuring custom cabinetry, a statement backsplash and an exceptional suite of premium appliances, including a 36" Elise AGA dual-fuel range with brass accents, Liebherr BioFresh refrigerator/freezer and Miele dishwasher.The renovated powder room adds another designer touch, while the 2024 laundry and storage update on the convenient half-landing features an Electrolux front-load washer and dryer. The spacious family room offers exceptional versatility-enjoy as is, use as a home office, or easily convert back to 4th bedroom. The finished lower level adds functional living space with custom built-in storage and a charming reading nook beneath the stairs. Rough-in for 4th bathroom in storage area.The exterior is equally impressive, with professionally landscaped, low-maintenance grounds and a fully fenced backyard further updated in 2026. Upgraded entry doors and a stamped concrete walkway enhance curb appeal. Asphalt shingle roof was replaced in 2025 with upgraded ventilation. Lifetime-warranted 8'8' shed provides excellent storage.Ideally located near schools, parks, the recreation centre, dog park, shopping and everyday amenities, with scenic trails around the pond and nearby green space.A truly exceptional home where quality, style, functionality and location come together beautifully.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,119,999
Land Transfer Taxes$24,475
Legal Fees (Est.)
$
Total cash required for closing$305,975

Total Monthly Obligation

$6,526/mo
Mortgage $5,647
Monthly Loss $5,040
Principal$1,486
Interest$4,161
Property Tax$504
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$47,712/yr
NOI
$32,394/yr
Net Cash Flow
-$2,948/mo
Cash Margin
-74.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.2/ 100

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

Comparables

Properties near 3119 Hedges Drive

Time

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Data last updated within the past 24 hours.