
4119 Continental Drive, Burlington
Burlington
$1,358,000
Cash flow, cap rate & mortgage breakdown
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Listed by Royal LePage Real Estate Associates
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
72
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully maintained family home in the highly sought-after Millcroft community. From the moment you step inside, you'll appreciate the modern finishes, bright living spaces, and thoughtfully designed layout that blends comfort with functionality. The main level features open-concept living with hardwood flooring throughout, a stylish white wrap around kitchen complete with stainless steel appliances and ample counter space, a sun-filled dining area with a full-sized window, and a spacious living room with sliding doors providing seamless access to the backyard. Upstairs, the primary bedroom offers double closets and a private 5-piece ensuite with a glass shower. Two additional generously sized bedrooms and a beautifully appointed 4-piece family bathroom complete the upper level. The finished lower level adds exceptional versatility with a recreation room, dedicated office nook for work-from-home convenience, laundry room, and plenty of storage space. Step outside to your private backyard retreat featuring mature landscaping, with multiple entertaining areas for dining and lounging, a fabulous pool with surrounding deck, expansive green space for kids to play, and a dedicated garden area for growing your own vegetables. This backyard truly has it all. Ideally located just steps from excellent schools, parks, and all the amenities Millcroft has to offer.
MississaugaInvestor.ca
4119 Continental Drive
Detached · 3bd/3ba · ~1,750 sqft
$1,358,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.98%
Monthly Cash Flow
-$5,145/mo
Estimated Rent
$3,700/mo
Cash-on-Cash
-20.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,700 |
| Mortgage | −$6,251 |
| Property Tax | −$1,052 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,132 |
| Vacancy (5%) | −$185 |
| Cash Flow | -$5,145/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$44,400 |
| Vacancy (5%) | −$2,220 |
| Property Tax | −$12,629 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,580 |
| Annual NOI | $13,271 |
| Cap Rate | 0.98% |
Cash Required to Close
| Down Payment (20%) | $271,600 |
| Ontario Land Transfer Tax | $23,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $298,235 |
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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