1421 Walkers Line 103, Burlington

$480,000
1421 Walkers Line 103

$480,000

New
3d
Condo ApartmentApartment

1421 Walkers Line 103, Burlington

Total Monthly Obligation $2,797

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
19
Yield
5.4%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-W14101012
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,050 (2025)
Maintenance-$490/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-Tansley
Title-Residential Condo & Other

No agent assigned

Featuring one bedroom and one bathroom, this bright and spacious unit has been freshly painted throughout and offers newer laminate flooring, a welcoming living room, and French doors leading to a private terrace-perfect for enjoying your morning coffee or summer BBQs. The kitchen has new quartz countertops and newer appliances, while the convenience of in-suite laundry, an owned locker, and underground parking adds to its appeal. The building offers excellent amenities, including a fully equipped gym, party room, and ample visitor parking. Enjoy the convenience of being within walking distance of shopping plazas, restaurants, gas stations, medical centers, parks, trails, and the Tansley Woods Community Centre, with easy access to major highways. Whether you're a first-time homebuyer, looking to downsize, or seeking an excellent investment opportunity, this charming condo offers the perfect blend of lifestyle and value. A wonderful place to call home-don't miss this opportunity!

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

Closing Costs

Mortgage Amount
$384,000
Land Transfer Taxes$6,075
Legal Fees (Est.)
$
Total cash required for closing$103,575

Total Monthly Obligation

$2,797/mo
Mortgage $1,936
Monthly Loss $2,288
Principal$510
Interest$1,427
Property Tax$171
Condo Fees$490
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%23
10-Year IRR
9.2%
Returns Index
12.9/ 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
$26,040/yr
NOI
$13,106/yr
Net Cash Flow
-$844/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
27.7/ 100

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

Comparables

Properties near 1421 Walkers Line 103

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.