
4- 661 Francis Road, Burlington
Burlington
$579,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Enjoy the expansive green space right outside your front door! There are no neighbours in front of this charming 3 bed, 1.5 bath townhome in south Aldershot. Features include a bright kitchen with stainless steel appliances, a new backsplash, and updated countertops. A convenient passthrough window connects the kitchen to the cozy living room, creating an open and inviting flow, while the dining area offers a walkout to a private patio; perfect for relaxing or hosting friends. Upstairs you'll find three generously sized, carpet-free bedrooms along with a well-appointed four-piece main bath. The finished basement adds even more living space with a large recreation room making it ideal for movie nights, a home office, or a play area-while the laundry room offers ample storage to keep everything organized. As a condo townhouse, this home delivers the ease of maintenance-free living, giving you more time to enjoy everything the surrounding area has to offer. Conveniently located close to downtown, the hospital, public transit, arts centre, parks and playgrounds, Mapleview Mall, and a wide range of shopping and dining options. Plus, you're just minutes from the beach and have quick access to major highways for an easy commute. Attractively priced and packed with value, this is an incredible opportunity you won't want to miss. Book your private showing today!
MississaugaInvestor.ca
4- 661 Francis Road
Condo Townhouse · 3bd/2ba · ~1,300 sqft
$579,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.49%
Monthly Cash Flow
-$1,464/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-13.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,669 |
| Property Tax | −$449 |
| Insurance | −$225 |
| Condo Fee | −$638 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,464/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$5,393 |
| Insurance | −$2,700 |
| Condo Fee | −$7,656 |
| Annual NOI | $14,461 |
| Cap Rate | 2.49% |
Cash Required to Close
| Down Payment (20%) | $115,980 |
| Ontario Land Transfer Tax | $8,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,053 |
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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