572 Harmony Avenue, Burlington

$1,590,000
572 Harmony Avenue

$1,590,000

New
20d
Detached2-Storey

572 Harmony Avenue, Burlington

Total Monthly Obligation $7,438

Beds
5
Baths
4
Park
4
Sqft
2500-3000
DOM
20d
Score
16
Yield
3.8%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-W13858296
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-51.54 × 112.34 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$7,797 (2026)
Parking-6 - Built-In
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Roseland
Title-Residential Freehold

No agent assigned

Welcome to 572 Harmony Ave, offering approximately 4,000 sq. ft. of finished living space in one of South Burlington's most sought-after enclaves - a quiet, mature, tree-lined court surrounded by exceptional schools and convenient access to downtown, the QEW, and the Lakeshore GO. This upgraded Kastelic-built 4+1 Bedroom 2-storey home sits gracefully amid an award-winning perennial garden that blooms continuously through the warmer months, creating a serene front and rear landscape. Inside, a spacious centre-hall foyer with a curved staircase sets an elegant tone. The living room and dining room are bathed in morning light, featuring hardwood floors and large windows overlooking the gardens. The freshly updated eat-in kitchen includes new cupboard doors, porcelain tile, stainless steel appliances (gas stove, newer s/s fridge, fully integrated dishwasher), and opens to a covered deck and an oversized pie-shaped backyard. The kitchen flows seamlessly into the family room, complete with hardwood floors, a gas fireplace, and a picture window framing views of the backyard pond. A main-floor laundry room and upgraded 2-pc bathroom complete this level. Upstairs, the curved staircase is brightened by two solar tubes leading to four generous bedrooms, all with hardwood floors. The large primary suite features a beautifully upgraded ensuite (2023). Three additional bedrooms and a newly renovated main bathroom (2025) complete the second floor. The finished lower level offers a versatile 5th bedroom/den/workshop, a spacious recreation room with a cozy corner gas fireplace, a new 3-pc bathroom (2025), abundant storage, and a cold cellar. A rare South Burlington opportunity - meticulously maintained, thoughtfully updated, and ready for its next chapter.

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

Closing Costs

Mortgage Amount
$1,272,000
Land Transfer Taxes$28,275
Legal Fees (Est.)
$
Total cash required for closing$347,775

Total Monthly Obligation

$7,438/mo
Mortgage $6,414
Monthly Loss $5,751
Principal$1,688
Interest$4,726
Property Tax$650
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.7%22
10-Year IRR
8.7%
Returns Index
12.1/ 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
$61,212/yr
NOI
$42,794/yr
Net Cash Flow
-$2,847/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.8/ 100

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

Comparables

Properties near 572 Harmony Avenue

Time

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