
203- 4025 Kilmer Drive, Burlington
Burlington
$469,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOUSESIGMA INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Stop scrolling, this is the one buyers wait for. Offering just under 900 square feet of well-designed space, this 1 bedroom plus den condo packs serious punch in the value department, sitting at just over $500 per square foot, making it one of the smartest entry points into the Burlington market right now. The layout is open, and highly functional, with a spacious living and dining area perfect for everyday living or entertaining. The den is not an afterthought. It is large enough to comfortably function as a second bedroom, home office, or multi-purpose space depending on your lifestyle with plenty of light. The primary bedroom is generously sized, offering a comfortable retreat, while the overall flow of the unit makes the space feel even larger than the square footage suggests. The balcony extends your living space and offers quiet moments to get some fresh air and relax. Location is where this really shines. You are minutes to shopping, grocery stores, parks, conservation, schools, transit, and major highways, with the lake just a quick 10-minute drive away for those walks along the pier and Spencer Smith Park for ice cream! Some specific amenities close by: Tansley Woods community centre and park, Multiple public and Catholic schools, Appleby Go Station, Joseph Brant Hospital. Comes complete with 1 parking space underground and a locker, this is a rare opportunity to secure generous space, flexibility, and location at a price point that is getting harder to find. If you have been waiting for the right mix of value and lifestyle, this is it.
MississaugaInvestor.ca
203- 4025 Kilmer Drive
Condo Apartment · 2bd/1ba · ~850 sqft
$469,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.41%
Monthly Cash Flow
-$1,217/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-14.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,159 |
| Property Tax | −$364 |
| Insurance | −$225 |
| Condo Fee | −$511 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,217/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$4,362 |
| Insurance | −$2,700 |
| Condo Fee | −$6,132 |
| Annual NOI | $11,316 |
| Cap Rate | 2.41% |
Cash Required to Close
| Down Payment (20%) | $93,800 |
| Ontario Land Transfer Tax | $5,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $102,655 |
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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