4089 Medland Drive, Burlington

$1,079,000
4089 Medland Drive

$1,079,000

Price Change
9d
Att/Row/Townhouse2-Storey

4089 Medland Drive, Burlington

Total Monthly Obligation $5,211

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
9d
Score
16
Yield
3.8%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Att/Row/Townhouse
MLS® Number-W14030760
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-20.73 × 157.74 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,807.41 (2026)
Parking-3 - Attached
Basement-Finished, Full, Walk-Out
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Rose
Title-Residential Freehold

No agent assigned

Welcome to this beautifully updated freehold townhome in Burlington's sought-after Millcroft community! Offering 3 bedrooms and 3.5 bathrooms, this home features a bright, open-concept main floor with a stylish kitchen showcasing stainless steel appliances and granite countertops. Enjoy your private patio overlooking peaceful green space with no rear neighbours. The recently finished lower level provides additional living space, featuring an open-concept recreation room, a convenient powder room, and a walk-out to the patio. Parking for 3 vehicles adds to the home's convenience. Ideally located close to shopping, everyday amenities, and just a short walk to some of the area's best parks. Notable updates include new flooring and staircase (2022), roof (2016), furnace and A/C (2017), a new garage door and opener, and newly installed pot lights with wifi enabled switches. Owned hot water tank. An excellent opportunity to enjoy comfortable living in a desirable family-friendly neighbourhood!

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

Closing Costs

Mortgage Amount
$863,200
Land Transfer Taxes$18,055
Legal Fees (Est.)
$
Total cash required for closing$235,355

Total Monthly Obligation

$5,211/mo
Mortgage $4,352
Monthly Loss $4,066
Principal$1,145
Interest$3,207
Property Tax$484
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.1/ 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
$40,776/yr
NOI
$26,391/yr
Net Cash Flow
-$2,153/mo
Cash Margin
-63.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.2/ 100

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

Comparables

Properties near 4089 Medland Drive

Time

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Data last updated within the past 24 hours.