59 Fairwood Place E, Burlington

$1,799,000
59 Fairwood Place E

$1,799,000

New
17d
Detached2-Storey

59 Fairwood Place E, Burlington

Total Monthly Obligation $8,549

Beds
5
Baths
5
Park
4
Sqft
2500-3000
DOM
17d
Score
15
Yield
3.3%
Cash on Cash
-9.5%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-W13868342
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-75 × 189 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,008.12 (2025)
Parking-6 - Attached
Basement-Separate Entrance, Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Services Ltd., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick, Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-LaSalle
Title-Residential Freehold

No agent assigned

Stunning renovated 4 bedroom, 5 bath family home situated on a large 75x189 ft mature lot with inground pool in Burlington's sought after Lasalle community! This home boasts a bright open concept layout with large principal rooms featuring wide plank hardwood, smooth ceilings, and pot lights throughout. The open concept gourmet kitchen features white shaker style cabinets, an island with breakfast bar, pot lights, under mount sink, built-in panelled fridge and dishwasher, a stainless steel gas stove, and french patio doors to walk-out to the backyard. The dining room, which overlooks the kitchen, features built-in cabinets and bench seating.Convenient main floor mudroom with access to the garage offers extra storage and convenience. Upstairs the generous primary bedroom offers a walk-in closet and 5 pc spa-inspired primary ensuite bath complete a double sink vanity, freestanding tub and shower with glass enclosure, the 2nd bedroom also offers a walk-in closet and 3pc ensuite bathroom, while the other bedrooms are spacious and sun-filled.Convenient 2nd floor laundry room with closet for extra storage. The basement boasts a large rec room with wet-bar, bedroom, storage and separate entrance (in-law suite potential). Garage has heating & cooling. Huge mature backyard complete with interlocking patio, outdoor sauna and inground pool! This one is an absolute must to view!

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

Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,549/mo
Mortgage $7,257
Monthly Loss $6,639
Principal$1,910
Interest$5,347
Property Tax$917
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.7%13
10-Year IRR
7.3%
Returns Index
8.0/ 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
$60,204/yr
NOI
$38,675/yr
Net Cash Flow
-$4,034/mo
Cash Margin
-80.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.5/ 100

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

Comparables

Properties near 59 Fairwood Place E

Time

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