2088 James Street 307, Burlington

$425,264
2088 James Street 307

$425,264

New
8d
Condo ApartmentApartment

2088 James Street 307, Burlington

Total Monthly Obligation $2,430

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
8d
Score
21
Yield
6.0%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-W14083372
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$514.47/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-HARLOWE REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-45-60 Days
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Brand-New 1-Bedroom Suite by Mattamy Homes at Martha James Condos!**1 Underground Parking Space Included!**This bright, south-facing unit features abundant natural light, 9' ceilings, and 535 sq. ft. of thoughtfully designed interior living space, plus a 45 sq. ft. private balcony. The efficient open-concept layout offers a modern kitchen with island, spacious living and dining areas, and seamless access to the balcony. The well-proportioned bedroom provides plenty of room for comfortable living, while the full bathroom and in-suite laundry add everyday convenience. Enjoy resort-style amenities, including a panoramic rooftop terrace, fully equipped fitness centre, and stylish entertaining spaces. Ideally located in the heart of Downtown Burlington, just steps from the waterfront, restaurants, shops, trails, and GO Transit. **Move-in Ready!** *The listing price incorporates an estimated amount for the temporary Ontario enhanced newhousing HST rebate. This pricing assumes that the rebate is fully enacted as anticipated andthat the purchaser meets all eligibility criteria. If the purchaser is not eligible, the rebatewill not apply and the purchaser may be responsible for a higher purchase price without the benefit of the rebate.

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

Closing Costs

Mortgage Amount
$340,211
Land Transfer Taxes$4,980
Legal Fees (Est.)
$
Total cash required for closing$91,533

Total Monthly Obligation

$2,430/mo
Mortgage $1,715
Monthly Loss $1,978
Principal$451
Interest$1,264
Condo Fees$514
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
11.0%
Returns Index
20.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,464/yr
NOI
$14,344/yr
Net Cash Flow
-$520/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
32.0/ 100

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

Comparables

Properties near 2088 James Street 307

Time

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