2081 Fairview Street 1009, Burlington

$619,900
2081 Fairview Street 1009

$619,900

New
18d
Condo ApartmentApartment

2081 Fairview Street 1009, Burlington

Total Monthly Obligation $3,784

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
18d
Score
15
Yield
3.9%
Cash on Cash
-13.7%
Cap Rate
1.6%
5Y IRR
4.9%
10Y IRR
6.4%
Property Type-Condo Apartment
MLS® Number-W13867060
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,269.21 (2026)
Maintenance-$811.34/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Owner
Neighbourhood-Freeman
Title-Residential Condo & Other

No agent assigned

A beautiful large 2 bedroom condo in the very popular Paradigm Condos. This 836 sq ft unit, with 153 sqft balcony along the length of the condo, has oodles of natural light and space, and is one of the largest layouts in the building. The open concept kitchen/ living/ dining area means you can entertain, watch TV or the kids at the same time. The split layout means the two generous sized bedrooms are on separate sides of the unit, and both come with closets, in fact the primary bedroom is big enough for a king bed, has two closets and a modern 3 pc ensuite. A lovely u-shaped kitchen gives you plenty of counter space and storage with extended height cabinets, which we all love. And if that isn't enough, the balcony runs the whole length of the unit, with access from both the living area and the primary bedroom. One parking space and one locker unit are included. There is also space on the balcony to have a storage cabinet. You are steps to Burlington GO station, Walmart and so much more in the neighbourhood. Amazing building amenities include a gym, basketball court, sky lounge, kids room, outdoor activity area, BBQ area, outdoor terrace with seating, theatre room, guests suites, indoor pool, bicycle storage, pet washing area. Just a short drive to the lake and downtown Burlington, and you have everything you need.

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

Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,784/mo
Mortgage $2,501
Monthly Loss $3,126
Principal$658
Interest$1,843
Property Tax$272
Condo Fees$811
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.6%0
5-Year IRR
2.2%5
10-Year IRR
4.8%
Returns Index
3.6/ 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
$24,444/yr
NOI
$6,594/yr
Net Cash Flow
-$1,951/mo
Cash Margin
-95.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
20.5/ 100

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

Comparables

Properties near 2081 Fairview Street 1009

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.