2215 Cleaver Avenue 3, Burlington

$639,999
2215 Cleaver Avenue 3

$639,999

New
8d
Condo Townhouse2-Storey

2215 Cleaver Avenue 3, Burlington

Total Monthly Obligation $3,692

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1200-1399
DOM
8d
Score
19
Yield
5.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-W14081772
Beds-3
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,061.12 (2026)
Maintenance-$572.16/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Headon
Title-Residential Condo & Other

No agent assigned

A beautifully updated townhome backing onto lush ravine in desirable Headon Forest. This 3 bedroom jewel box boasts tasteful decor and attention to detail throughout. The modern kitchen features rich maple cabinetry and stainless steel appliances. Walkout to the large deck overlooking the natural landscape. The spacious living/dining room is ideal for entertaining. Upstairs you will discover 3 bedrooms, including the serene master suite with 4piece ensuite and walk-in closet. The main 4piece bathroom and linen closet complete the 2nd level. The fully finished lower level provides ideal family space as recreation and games areas, as well as convenient laundry room and storage. Walk to parks, shopping and excellent schools, including the coveted CH Norton Elementary Public School. Convenient access to major highways. A turnkey home to move in and immediately enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$511,999
Land Transfer Taxes$9,275
Legal Fees (Est.)
$
Total cash required for closing$138,775

Total Monthly Obligation

$3,692/mo
Mortgage $2,582
Monthly Loss $3,013
Principal$679
Interest$1,902
Property Tax$338
Condo Fees$572
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.7/ 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
$37,440/yr
NOI
$20,369/yr
Net Cash Flow
-$884/mo
Cash Margin
-28.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.9/ 100

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

Comparables

Properties near 2215 Cleaver Avenue 3

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.

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Data last updated within the past 24 hours.