
4624 Ethel Road, Burlington
Burlington
$1,639,000
Cash flow, cap rate & mortgage breakdown
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Listed by WEISS REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
41
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,350/mo
Estimated from market price-to-rent ratios
Remarks
Stunning 2914 sq ft home on a premium pie-shaped lot in the sought-after and family-friendly neighbourhood of Alton Village! Double-Door front entry! This home radiates with natural light! Spacious eat-in kitchen with an island and stainless steel appliances throughout. Access from the kitchen to the formal dining room and family room, with a cut-moulding feature wall and a gas fireplace! Upgraded hardwood floors throughout the main floor, pot lights and accent lighting! Sleep in comfort and peace of mind with the Nest Home (thermostat) and integrated Nest Protect System (smoke, fire, CO2 detectors). Walk out to the deck and patio to lounge under a beautiful pergola in an outdoor haven for summer days! Spacious backyard perfect for kids or pets! Main-floor laundry room/mudroom with ample storage space and garage access. Hardwood stairs and landing, featuring a moulding accent wall, leading to a cozy nook on the second floor for added living space, ideal for use as an office or sitting area! 4 bedrooms with 3 bathrooms on the second floor! All bedrooms have large windows, with ample lighting! The primary bedroom has a large en-suite with a deep soaker tub, a walk-in glass shower, a spacious walk-in closet, and another feature wall! The two-car garage includes automatic door openers and upgraded R19 steel garage doors for added warmth and security! Close to schools, shopping, restaurants, conservation trails, and parks, with easy access to major highways! This exceptional home offers the perfect combination of comfort and style and much, much more! Must be Seen! Easy Showings!
MississaugaInvestor.ca
4624 Ethel Road
Detached · 4bd/4ba · ~2,750 sqft
$1,639,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.93%
Monthly Cash Flow
-$6,273/mo
Estimated Rent
$4,350/mo
Cash-on-Cash
-20.91%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,350 |
| Mortgage | −$7,544 |
| Property Tax | −$1,270 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,366 |
| Vacancy (5%) | −$218 |
| Cash Flow | -$6,273/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,200 |
| Vacancy (5%) | −$2,610 |
| Property Tax | −$15,243 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,390 |
| Annual NOI | $15,257 |
| Cap Rate | 0.93% |
Cash Required to Close
| Down Payment (20%) | $327,800 |
| Ontario Land Transfer Tax | $29,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $360,055 |
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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