2302 Redfern Road, Burlington

$925,000
2302 Redfern Road

$925,000

New
2d
DetachedBungalow-Raised

2302 Redfern Road, Burlington

Total Monthly Obligation $4,579

Beds
4
Baths
2
Park
6
Sqft
700-1100
DOM
2d
Score
18
Yield
4.7%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-W14101360
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-100 × 60 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,675.43 (2026)
Parking-6 - None
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Brant
Title-Residential Freehold

No agent assigned

Welcome to the Brant neighbourhood! This charming corner lot bungalow offers a wonderful opportunity to create your dream home in a convenient Burlington location. The main floor features 3 bedrooms, a spacious living room with a large front facing window, and laminate flooring throughout. The bright kitchen offers a large window above the sink, bringing in beautiful morning light, while the dining room provides a walkout to a deck that enjoys plenty of morning sunshine, perfect for your morning coffee or outdoor entertaining. The generous corner lot is a landscaper's dream, featuring a large front yard, a long driveway extending almost the full length of the property with parking for up to 6 vehicles, and a garden shed for added storage. A wheelchair ramp provides easy access from the front of the home, with separate steps leading directly to the front entrance. The main floor 3 piece bathroom is also wheelchair accessible. The finished basement adds incredible flexibility, offering a bedroom, kitchen, full 4 piece bathroom, living room area, rec room space, gym area and additional storage. Whether you envision an in law suite, extended family living, a separate living space or future income potential, the possibilities are yours to explore. Conveniently located just minutes from the QEW and close to Burlington Centre, shopping, dining, schools, parks and everyday amenities. Whether you're looking for a home with room to grow, space for extended family or an opportunity to make a property your own, 2302 Redfern Road is ready for its next chapter. Ready to make the Brant neighbourhood your home?

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$740,000
Land Transfer Taxes$14,975
Legal Fees (Est.)
$
Total cash required for closing$201,475

Total Monthly Obligation

$4,579/mo
Mortgage $3,731
Monthly Loss $3,597
Principal$982
Interest$2,749
Property Tax$473
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 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
$43,200/yr
NOI
$28,705/yr
Net Cash Flow
-$1,339/mo
Cash Margin
-37.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.7/ 100

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

Comparables

Properties near 2302 Redfern Road

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.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.