2088 James Street 308, Burlington

$546,894
2088 James Street 308

$546,894

New
7d
Condo ApartmentApartment

2088 James Street 308, Burlington

Total Monthly Obligation $3,007

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
7d
Score
20
Yield
5.6%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-W14090424
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$600.72/mo
Locker-Owned
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 Jr. 2-Bedroom Suite by Mattamy Homes at Martha James Condos - 1 Underground Parking Space & 1 Locker Included!** Featuring 650 sq. ft. of thoughtfully designed interior living space plus a 44 sq. ft. private balcony, this modern suite offers 2 full bathrooms, including a private ensuite in the primary bedroom. The bright, open-concept kitchen, living, and dining area flows seamlessly onto the balcony, creating an inviting space for everyday living and entertaining. The versatile separate den is ideal for a home office, guest space, or nursery. Enjoy the convenience of in-suite laundry and 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 thebenefit of the rebate.

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

Closing Costs

Mortgage Amount
$437,515
Land Transfer Taxes$7,413
Legal Fees (Est.)
$
Total cash required for closing$118,292

Total Monthly Obligation

$3,007/mo
Mortgage $2,206
Monthly Loss $2,426
Principal$581
Interest$1,626
Condo Fees$601
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
19.0/ 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
$30,732/yr
NOI
$18,050/yr
Net Cash Flow
-$702/mo
Cash Margin
-27.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.1/ 100

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

Comparables

Properties near 2088 James Street 308

Time

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Data last updated within the past 24 hours.