1402 Almonte Drive, Burlington

$945,900
1402 Almonte Drive

$945,900

New
4d
Att/Row/Townhouse2-Storey

1402 Almonte Drive, Burlington

Total Monthly Obligation $4,612

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
4d
Score
18
Yield
4.4%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Att/Row/Townhouse
MLS® Number-W14096072
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-18.04 × 99.74 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$5,061.98 (2025)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Rolled
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Tyandaga
Title-Residential Freehold

No agent assigned

approx. 1,639 sf of above-grade living space, 3 bedrooms, 3 baths and an attached garage with automatic door opener. Backing onto a natural treed setting, this thoughtfully designed townhome combines modern comfort, generous living spaces and a peaceful outdoor retreat.The main floor features hardwood flooring and an open-concept layout designed for everyday living and entertaining. The kitchen offers granite counters, s/s appliances, extensive cabinetry, a centre island with breakfast-bar seating and a convenient spice pantry. The adjoining dining area flows into the bright great room, where expansive windows and a walkout to the deck bring in natural light and backyard views. A dedicated family centre provides a convenient workspace, while a 2-pc bath and inside garage access complete the level.Upstairs, the spacious primary retreat features a W/I closet and 5-pc ensuite with double vanity, freestanding soaker tub and separate glass shower. Two additional bedrooms, a 4-pc main bath and convenient side-by-side laundry complete the second level.The unfinished basement offers excellent potential for additional living space, whether a recreation room, home gym or office, with a 3-pc bath rough-in and cold room providing added convenience.Outside, enjoy a private backyard with a deck, natural treed backdrop and space for a potential children's play area, creating an inviting setting for outdoor enjoyment.Close to Tyandaga Golf Course, parks, trails, schools, shopping and recreation facilities, with convenient access to Downtown Burlington, the waterfront and major highways. An excellent opportunity to enjoy modern living surrounded by nature in one of Burlington's growing communities.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$756,720
Land Transfer Taxes$15,393
Legal Fees (Est.)
$
Total cash required for closing$206,073

Total Monthly Obligation

$4,612/mo
Mortgage $3,815
Monthly Loss $3,608
Principal$1,004
Interest$2,811
Property Tax$422
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$42,072/yr
NOI
$28,303/yr
Net Cash Flow
-$1,457/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.4/ 100

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

Comparables

Properties near 1402 Almonte Drive

Time

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