5240 DUNDAS Street 604, Burlington

$379,900
5240 DUNDAS Street 604

$379,900

New
9d
Condo Apartment1 Storey/Apt

5240 DUNDAS Street 604, Burlington

Total Monthly Obligation $2,462

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
9d
Score
19
Yield
6.1%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W14033182
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,056 (2026)
Maintenance-$474.63/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Orchard
Title-Residential Condo & Other

No agent assigned

Top floor 1 Bedroom + 1 Den unit in North Burlington's sought after Orchard community. Open concept kitchen with FULL SIZE Stainless Steel appliances and eat in island, connected to bright living room with clear views to the Escarpment. Large den with built in storage pantry's and spacious 4 piece bathroom Walking distance to schools, shopping, restaurants and more witheasy access to major highways. Condo features large gym and party room, hot and cool plunge pools, sauna and steam room. 1 underground parking space and 1 locker.

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

Closing Costs

Mortgage Amount
$303,920
Land Transfer Taxes$4,174
Legal Fees (Est.)
$
Total cash required for closing$81,654

Total Monthly Obligation

$2,462/mo
Mortgage $1,532
Monthly Loss $2,058
Principal$403
Interest$1,129
Property Tax$255
Condo Fees$475
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.6%21
10-Year IRR
9.0%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$23,256/yr
NOI
$9,779/yr
Net Cash Flow
-$718/mo
Cash Margin
-37.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
30.3/ 100

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

Comparables

Properties near 5240 DUNDAS Street 604

Time

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Data last updated within the past 24 hours.