2093 Fairview Street 2004, Burlington

$529,900
2093 Fairview Street 2004

$529,900

New
21d
Condo ApartmentApartment

2093 Fairview Street 2004, Burlington

Total Monthly Obligation $3,457

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
21d
Score
18
Yield
6.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W13858572
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,533.19 (2026)
Maintenance-$825.55/mo
Locker-Owned
Parking-1 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Unknown
Foundation-Unknown
Possession-Flexible
Neighbourhood-Freeman
Title-Residential Condo & Other

No agent assigned

Beautiful 2-bedroom, 2-bathroom corner unit in the sought-after Paradigm building. This bright, sun-filled condo offers 837 sq. ft. of thoughtfully designed living space with an open-concept layout and laminate flooring throughout. The modern kitchen features quartz countertops, stainless steel appliances, a centre island, and a convenient breakfast bar, seamlessly flowing into the spacious living and dining area. Enjoy distant views of Lake Ontario from the living room and balcony. The primary bedroom offers a 3-piece ensuite and walk-in closet, while the second bedroom features a double closet and its own private balcony. A separate 4-piece bathroom completes the unit. Residents enjoy access to excellent building amenities, including an indoor pool, fitness centre, and guest suite. Ideally located directly beside the GO Station and Walmart, with convenient access to transportation, shopping, and everyday essentials. Heat, AC and water are included in the maintenance fees. A must-see!

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

Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$3,457/mo
Mortgage $2,137
Monthly Loss $2,895
Principal$562
Interest$1,575
Property Tax$294
Condo Fees$826
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.9%22
10-Year IRR
9.2%
Returns Index
12.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,156/yr
NOI
$14,001/yr
Net Cash Flow
-$971/mo
Cash Margin
-35.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.2/ 100

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

Comparables

Properties near 2093 Fairview Street 2004

Time

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Data last updated within the past 24 hours.