1701 Lampman Avenue 707, Burlington

$574,999
1701 Lampman Avenue 707

$574,999

New
8d
Condo Apartment1 Storey/Apt

1701 Lampman Avenue 707, Burlington

Total Monthly Obligation $3,258

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
20
Yield
5.9%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-W14082730
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,086.45 (2026)
Maintenance-$481.25/mo
Locker-Ensuite
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ONE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Uptown
Title-Residential Condo & Other

No agent assigned

5 Elite Picks! Here Are 5 Reasons To Make This Home Your Own: 1. Bright & Beautiful 3 Bedroom & 2 Bath Condo Suite in the Heart of Burlington Boasting 1,036 Sq.Ft. of Living Space with Upgraded Vinyl Flooring Thruout ('19)! 2. Spacious Updated Kitchen ('19) with Extended Upper Cabinets, Quartz Countertops & Glass Tile Backsplash, Open to Breakfast/Dining Area and Bright & Airy Great Room with Vaulted Ceiling & Patio Door Walk-Out to Updated Oversized Balcony with New Flooring & Railings ('26), Plus Access to Convenient Storage Area! 3. Lovely Primary Bedroom Boasting Large Windows & Beautiful Barn Door Entry to 4pc Ensuite with Updated Vanity ('19), Plus 2 Additional Bedrooms (B/I Wardrobe Added to Original Den), 3pc Main Bath & Ensuite Laundry Complete the Suite. 5. Conveniently Located in Uptown Burlington Community within Walking Distance to Shopping & Restaurants, Parks & Trails and Many More Amenities... Plus Quick Access to Appleby GO & QEW/403! 5. LOW Maintenance Fee Includes All Exterior Maintenance (Roof, Windows, Doors, Balcony, Parking), Lawn Maintenance, Snow Removal & Garbage Removal. All This & More! Bright 2-Storey Entry Leading up to Main Level. Includes 1 Parking Space Plus Ample Street Parking in the Area! Dec. 2019 Updates Include Custom Ikea PAX Closets, New Toilets, Painted Stair Railings, Updated Light Switches & Outlet Covers, Updated Door Hardware, Upgraded Light Fixtures, Smooth Ceilings in PBR & Hallway, Whole Condo Painted, Ecobee Thermostat, Google Nest Smoke Detector & Google Nest Doorbell. New Carpet Treads on Stairs '26. Old Kitec Plumbing Replaced.

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

Closing Costs

Mortgage Amount
$459,999
Land Transfer Taxes$7,975
Legal Fees (Est.)
$
Total cash required for closing$124,475

Total Monthly Obligation

$3,258/mo
Mortgage $2,319
Monthly Loss $2,647
Principal$610
Interest$1,709
Property Tax$257
Condo Fees$481
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
19.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,996/yr
NOI
$19,335/yr
Net Cash Flow
-$708/mo
Cash Margin
-25.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
25.6/ 100

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

Comparables

Properties near 1701 Lampman Avenue 707

Time

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