4447 Spruce Avenue, Burlington

$1,399,999
4447 Spruce Avenue

$1,399,999

New
23d
DetachedBungalow

4447 Spruce Avenue, Burlington

Total Monthly Obligation $6,632

HausQ Valuation Report
Beds
3
Baths
1
Park
5
Sqft
1100-1500
DOM
23d
Score
15
Yield
3.0%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-W13844800
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-75 × 125 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,316 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Other
Foundation-Brick, Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Shoreacres
Title-Residential Freehold

No agent assigned

ATT:BUILDERS/RENOVATORS/INVESTORS-PRIMESHOREACRESOPPORTUNITY! Approved architectural plans for a custom two-storey home (approx.4,241sqftabovegrade) have been prepared and submitted to the City of Burlington. The existing structure is boarded and uninhabitable-this is a land-value sale ideal for redevelopment. The 75-ft lot backs and sides onto Breck on Park, offering privacy, mature trees, and a natural park-side backdrop rarely found in this area. Walk to the lake, parks, and top-rated schools. Buyer to conduct their own due diligence regarding all municipal requirements, permits, engineering, and feasibility of any proposed work. Seller and Brokerage make no representations or warranties regarding the status, validity, or transferability of any applications or approvals.

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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

$6,632/mo
Mortgage $5,647
Monthly Loss $5,146
Principal$1,486
Interest$4,161
Property Tax$610
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
4.9%10
10-Year IRR
6.6%
Returns Index
6.6/ 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
$42,696/yr
NOI
$26,610/yr
Net Cash Flow
-$3,430/mo
Cash Margin
-96.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.7/ 100

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

Comparables

Properties near 4447 Spruce Avenue

Time

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Data last updated within the past 24 hours.