4003 Kilmer Drive 302, Burlington

$416,000
4003 Kilmer Drive 302

$416,000

New
20d
Condo ApartmentApartment

4003 Kilmer Drive 302, Burlington

Total Monthly Obligation $3,052

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
20d
Score
20
Yield
7.9%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-W13858380
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 3, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,399.04 (2026)
Maintenance-$973.91/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SKYBOUND REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Concrete
Possession-60-89 days
Neighbourhood-Tansley
Title-Residential Condo & Other

No agent assigned

Bright and airy 2-bedroom, 2-bathroom condo apartment with very functional layout. Inside, you will find durable laminate flooring throughout the living spaces and a comfortable layout anchored by a corner gas fireplace with a marble surround. The open-concept kitchen features ceramic tile flooring, stainless steel appliances, and a direct walk-out to a private balcony. The unit includes one dedicated parking spot and a storage locker.The building sits in an incredibly convenient pocket of Burlington. You are a short walk from Tansley Woods Park's wooded trails and the Tansley Woods Community Centre and library. Daily shopping options at Millcroft Shopping Centre are just a 3-minute drive away. Perfect for commuters, sitting minutes from major highways and the Appleby GO station. Pictures are taken last year while owner occupied.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$332,800
Land Transfer Taxes$4,795
Legal Fees (Est.)
$
Total cash required for closing$89,495

Total Monthly Obligation

$3,052/mo
Mortgage $1,678
Monthly Loss $2,610
Principal$442
Interest$1,236
Property Tax$200
Condo Fees$974
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.7%34
10-Year IRR
10.7%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,712/yr
NOI
$12,955/yr
Net Cash Flow
-$598/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.4/ 100

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

Comparables

Properties near 4003 Kilmer Drive 302

Time

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Data last updated within the past 24 hours.