
1402 Almonte Drive, Burlington
Burlington
$972,000
Cash flow, cap rate & mortgage breakdown
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Listed by SAM MCDADI REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
31
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,150/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 1402 Almonte Drive! A beautifully maintained freehold townhouse offering the perfect blend of timeless elegance and everyday comfort in one of Burlington's most desirable family friendly communities. Framed by sun filled interiors and an effortless sense of warmth, every space has been thoughtfully designed to feel as inviting as it is functional. The open concept main level unfolds beautifully, centred around a well appointed kitchen featuring stainless steel appliances, granite countertops, a spacious centre island, abundant cabinetry, and a walk-in pantry, all overlooking the dining area, creating a space that brings family and friends together with ease. Beyond, the inviting living room extends seamlessly outdoors, where a walkout leads to a private backyard deck and fully fenced yard, offering a peaceful backdrop for alfresco dining, summer entertaining, or simply enjoying a moment of tranquility. Ascend to the second level, where the primary suite offers a serene retreat complete with a walk-in closet and a spa inspired 5pc ensuite featuring a soaker tub and separate walk-in shower. Two additional bedrooms provide the flexibility to grow with your lifestyle, whether welcoming family, overnight guests, or creating the perfect home office, all complemented by a beautifully appointed 4pc bathroom. Awaiting your personal touch, the unfinished lower level presents a blank canvas with endless possibilities to tailor the space to your lifestyle, whether envisioned as a recreation room, home gym, home theatre, children's playroom, or additional living area. Surrounded by beautiful parks, scenic walking trails, excellent schools, shopping, restaurants, and everyday conveniences, with Burlington GO Station and major highways just minutes away, this exceptional home offers the perfect place to begin your next chapter!
MississaugaInvestor.ca
1402 Almonte Drive
Att/Row/Townhouse · 3bd/3ba · ~1,750 sqft
$972,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.49%
Monthly Cash Flow
-$3,270/mo
Estimated Rent
$3,150/mo
Cash-on-Cash
-18.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,150 |
| Mortgage | −$4,474 |
| Property Tax | −$753 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$810 |
| Vacancy (5%) | −$158 |
| Cash Flow | -$3,270/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,800 |
| Vacancy (5%) | −$1,890 |
| Property Tax | −$9,040 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,720 |
| Annual NOI | $14,450 |
| Cap Rate | 1.49% |
Cash Required to Close
| Down Payment (20%) | $194,400 |
| Ontario Land Transfer Tax | $15,915 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $213,315 |
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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