1261 STEPHENSON Drive, Burlington

$1,083,800
1261 STEPHENSON Drive

$1,083,800

New
23d
Att/Row/Townhouse2-Storey

1261 STEPHENSON Drive, Burlington

Total Monthly Obligation $5,181

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
23d
Score
16
Yield
3.5%
Cash on Cash
-8.6%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Att/Row/Townhouse
MLS® Number-W13845156
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-26.25 × 91.54 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$5,208 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete, Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-LaSalle
Title-Residential Freehold

No agent assigned

Stunning, extensively renovated & tastefully upgraded FREEHOLD townhome with a 1.5-car garage in sought-after South Burlington. Offering over 1,500 sq. ft., above grade, 3 bedrooms & 2.5 bathrooms, this beautiful home is completely move-in ready with improvements completed in 2024-2025. Spacious foyer with coat closet, powder room & inside garage access. Gorgeous custom kitchen by Wright Kitchens features a huge island, quartz counters, extensive cabinetry, quality appliances & lots of cupboard/counter space. Open to the kitchen, the fabulous great room features a beautiful fireplace wall, creating the perfect space for everyday living & entertaining. Walk out to a private, fenced landscaped backyard with patio & retractable awning Upstairs offers 3 spacious bedrooms including an impressive primary suite with another feature fireplace wall, custom walk-in closet & beautifully renovated ensuite with steam shower, heated floor & towel rack. Two additional bedrooms, updated main bath, laundry room & linen closet complete this level. Updates/Upgrades include but not limited to...gorgeous new hardwood flooring, staircase, smooth ceilings, lots of pot lighting, crown moulding, baseboards, interior doors & hardware, plus a new insulated garage door & opener. All of this within walking distance to Downtown Burlington & the waterfront, Mapleview Shopping Centre, restaurants, parks, recreation & transit, with easy highway access.

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

Closing Costs

Mortgage Amount
$867,040
Land Transfer Taxes$18,151
Legal Fees (Est.)
$
Total cash required for closing$236,411

Total Monthly Obligation

$5,181/mo
Mortgage $4,372
Monthly Loss $4,030
Principal$1,150
Interest$3,221
Property Tax$434
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.4/ 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
$37,440/yr
NOI
$23,988/yr
Net Cash Flow
-$2,373/mo
Cash Margin
-76.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.1/ 100

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

Comparables

Properties near 1261 STEPHENSON Drive

Time

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