
87- 1401 Plains Road, Burlington
Burlington
$735,000
Cash flow, cap rate & mortgage breakdown
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Listed by Century 21 Miller Real Estate Ltd.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
92
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this exceptional Branthaven executive end-unit townhome, perfectly positioned within a modern, upscale complex in one of the most convenient sought-after locations. Tucked away from the road for added privacy, yet just steps to downtown, the lake, shopping, restaurants & truly effortless access to the GO Station & major highways. This bright, airy layout is flooded w/ natural light thanks to its premium end-unit placement and additional windows. Enjoy the benefit of nearby visitor parking, a charming playground parkette & a beautifully landscaped courtyard setting. The main living level is truly magazine-worthy, designed for both comfort and entertaining. A sleek, modern kitchen features stainless steel appliances, stylish backsplash, an oversized granite island with breakfast bar, and seamless flow into the dining area. Step out to your private covered balcony where BBQs are permitted. The spacious living room completes this thoughtfully designed open-concept layout. An oversized powder room, in-suite laundry, and ample storage add to the functionality. Upstairs, you'll find 3 bedrooms and a well-appointed 4-piece bathroom, all finished in sophisticated, neutral tones. The home showcases extensive updates enhance both style and peace of mind, including: full interior repaint (2024-26), waterproof vinyl plank flooring in Swan Oak Gray (2024), new carpet on stairs (2026), updated upstairs laminate flooring in Jasper mist (2025), and freshly painted garage (2026). The kitchen and main living areas have been thoughtfully improved over time with newer appliances (fridge, stove, dishwasher, microwave), updated lighting, faucet, and Nest thermostat. Additional upgrades include a Nest doorbell camera, garage door opener, washer/dryer combo (2023), and more! Offering true turnkey convenience. Spotlessly maintained and move-in ready truly a rare opportunity. This POTL has very low condo fee of only $172.11/mth !
MississaugaInvestor.ca
87- 1401 Plains Road
Condo Townhouse · 3bd/2ba · ~1,500 sqft
$735,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.76%
Monthly Cash Flow
-$1,690/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-12.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,383 |
| Property Tax | −$570 |
| Insurance | −$225 |
| Condo Fee | −$172 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$1,690/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$6,835 |
| Insurance | −$2,700 |
| Condo Fee | −$2,064 |
| Annual NOI | $20,321 |
| Cap Rate | 2.76% |
Cash Required to Close
| Down Payment (20%) | $147,000 |
| Ontario Land Transfer Tax | $11,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $161,175 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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