2345 Joshua Drive, Burlington

$1,365,000
2345 Joshua Drive

$1,365,000

New
16d
Detached2-Storey

2345 Joshua Drive, Burlington

Total Monthly Obligation $6,486

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
16d
Score
16
Yield
3.9%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-W13872330
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-45.93 × 78.74 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$7,259.26 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-Inground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60/90 Days TBA
Neighbourhood-Orchard
Title-Residential Freehold

No agent assigned

Move-in-ready detached home in Burlington's highly sought-after Orchard neighbourhood. Offering 3+1 bedrooms and an exceptional blend of style, comfort and functionality, this bright and inviting residence is designed for effortless everyday living and memorable entertaining. An impressive 18-foot cathedral ceiling creates a stunning sense of openness throughout the living and dining areas. More than 50 slim LED pot lights illuminate the home's elegant finishes, including smooth plaster ceilings, crown molding, wainscoting, accent walls and professional paintwork. The chef-inspired kitchen features sleek European cabinetry and premium stainless steel appliances, including a Thermador gas range, Bosch built-in dishwasher and Miele coffee machine. Upstairs, seclude yourself to a spacious primary retreat offering a gas fireplace, walk-in closet and four-piece ensuite with a relaxing soaker tub. Generously sized bedrooms, a convenient office nook, custom built-in cabinetry and Hunter Douglas window coverings add comfort, versatility and thoughtful storage. The finished basement is made for family fun, complete with an additional bedroom and a soundproofed home theatre featuring seating, a projector, high-end audio equipment and built-in speakers. Step outside to your own private backyard oasis, highlighted by a 14' x 28' inground pool, updated fencing and hardscaping completed in 2025, and a new Hayward pool pump installed in 2026. Additional highlights include newer windows, updated attic insulation (2020), a two-stage furnace, reverse-osmosis water system (2023), rented hot-water tank (2024), sump pump (2025), and a Nest smart thermostat. ideally located on one of the Orchard's most desirable streets, close to excellent schools, parks, trails, shopping and major highways, this exceptional turnkey home offers the space, upgrades and resort-inspired lifestyle today's buyers are searching for.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,092,000
Land Transfer Taxes$23,775
Legal Fees (Est.)
$
Total cash required for closing$298,275

Total Monthly Obligation

$6,486/mo
Mortgage $5,506
Monthly Loss $5,037
Principal$1,449
Interest$4,057
Property Tax$605
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.3/ 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
$52,572/yr
NOI
$35,556/yr
Net Cash Flow
-$2,543/mo
Cash Margin
-58.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.6/ 100

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

Comparables

Properties near 2345 Joshua Drive

Time

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