1375 Stephenson Drive 24, Burlington

$899,777
1375 Stephenson Drive 24

$899,777

New
3d
Condo Townhouse2-Storey

1375 Stephenson Drive 24, Burlington

Total Monthly Obligation $4,588

HausQ Valuation Report
Bed+Den
3+1
Baths
3
Park
1
Sqft
1200-1399
DOM
3d
Score
15
Yield
4.1%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Townhouse
MLS® Number-W14103324
Bed+Den-3+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$4,964.72 (2026)
Maintenance-$345.01/mo
Locker-None
Parking-2 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-30-60 days
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Some homes are more than just a place to live, they're where memories are made, family comes together, and life's best moments happen. Located within walking distance of downtown Burlington, this 2-bedroom, 3-bathroom condo townhome offers the perfect opportunity to create a home of your own. With a functional layout, a newly renovated basement offering extra space for movie nights, family gatherings, or simply relaxing at the end of the day, there's room to make it your own. A private garage and driveway parking for a second vehicle add everyday convenience, while the nearby restaurants, cafés, shops, parks, and schools make it easy to enjoy everything Burlington has to offer. Whether it's morning walks by the lake, weekends exploring downtown, or quiet evenings spent at home with the people who matter most, this is a place where you can picture your next chapter beginning. Some things are hard to capture in words, this is one of them. You truly have to see it in person to get the full feel of the home and everything it has to offer.

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Closing Costs

Mortgage Amount
$739,977($20,155 CMHC)
Land Transfer Taxes$14,471
Legal Fees (Est.)
$
Total cash required for closing$195,926

Total Monthly Obligation

$4,690/mo
Mortgage $3,731
Monthly Loss $3,708
Principal$982
Interest$2,749
Property Tax$414
Condo Fees$345
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.9%0
5-Year IRR
5.0%11
10-Year IRR
7.4%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,912/yr
NOI
$21,716/yr
Net Cash Flow
-$1,921/mo
Cash Margin
-62.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
82.2%14
Vacancy Buffer
2.1 mo32
Risk Index
16.8/ 100

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

Comparables

Properties near 1375 Stephenson Drive 24

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.