
18- 3021 Glencrest Road, Burlington
Burlington
$710,000
Cash flow, cap rate & mortgage breakdown
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Listed by Keller Williams Edge Realty
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
57
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,750/mo
Estimated from market price-to-rent ratios
Remarks
This beautifully updated condo townhouse in one of Burlington's most convenient and sought-after South-Central communities. Offering generous living space, extensive updates and a bright, sun-filled layout, this inviting home combines comfort, style and an exceptional lifestyle.The main level features a spacious living room, separate dining area and a beautifully renovated kitchen with plenty of functional space. Upstairs, you'll find three generous bedrooms, including a spacious primary retreat. The lower level offers a large family room, excellent storage and convenient direct access to the underground parking-making everyday living easy in every season. Step outside to your private yard, an ideal spot for morning coffee, summer BBQs or simply relaxing outdoors.What truly sets this home apart is the lifestyle and location. Leave the car at home and enjoy walking to restaurants, coffee shops, shopping, everyday conveniences and nearby amenities. Explore the area's wonderful walking trails, stroll to the lake and Burlington waterfront, or spend the afternoon at nearby Spencer Smith Park. Burlington Mall, Roseland Plaza, schools and transit are also just minutes away.Enjoy the benefits of a well-cared-for community with an inground pool, visitor parking and exterior maintenance taken care of for you-giving you more time to relax, explore and enjoy life. A wonderful opportunity to enjoy space, convenience, walkability and a true sense of community in the heart of Burlington.
MississaugaInvestor.ca
18- 3021 Glencrest Road
Condo Townhouse · 3bd/3ba · ~1,100 sqft
$710,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.27%
Monthly Cash Flow
-$2,514/mo
Estimated Rent
$2,750/mo
Cash-on-Cash
-19.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,750 |
| Mortgage | −$3,268 |
| Property Tax | −$550 |
| Insurance | −$225 |
| Condo Fee | −$1,083 |
| Vacancy (5%) | −$138 |
| Cash Flow | -$2,514/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,000 |
| Vacancy (5%) | −$1,650 |
| Property Tax | −$6,603 |
| Insurance | −$2,700 |
| Condo Fee | −$12,996 |
| Annual NOI | $9,051 |
| Cap Rate | 1.27% |
Cash Required to Close
| Down Payment (20%) | $142,000 |
| Ontario Land Transfer Tax | $10,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $155,675 |
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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