
101- 4016 Kilmer Drive, Burlington
Burlington
$519,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Move-in ready and thoughtfully updated, this bright one-bedroom, one-bathroom suite offers 751 sqaure feet of easy, low-maintenance living in one of Burlington's most convenient pockets. Located on the main level providing ultimate accessibility. The heart of the home is a refreshed kitchen finished with quartz countertops and brand-new appliances (2024). New flooring runs throughout, and best of all, the original Kitec plumbing has been fully removed, giving buyers real peace of mind and one less thing to worry about for years to come. Enjoy the updated bath with new tiles, lighting, and vanity. Adding a touch of luxury are the California shutters in the bedroom and living room. The open, functional layout makes the most of every square foot, while low condo fees keep monthly carrying costs comfortably in check. The suite comes complete with one owned parking space and a private storage locker. Set within the well-established in Burlington's Tansley neighbourhood, you're just minutes from the Tansley Woods Community Centre, everyday shopping and groceries, restaurants, and nearby parks like Tansley Woods Park, with quick access to public transit and highways for an effortless commute. Whether you're a first-time buyer, downsizer, or investor, this is a rare chance to own an updated, worry-free suite in a sought-after location. Simply move in and enjoy. RSA.
MississaugaInvestor.ca
101- 4016 Kilmer Drive
Condo Apartment · 1bd/1ba · ~750 sqft
$519,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.53%
Monthly Cash Flow
-$1,732/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-18.26%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$2,393 |
| Property Tax | −$403 |
| Insurance | −$225 |
| Condo Fee | −$468 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,732/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$4,835 |
| Insurance | −$2,700 |
| Condo Fee | −$5,616 |
| Annual NOI | $7,939 |
| Cap Rate | 1.53% |
Cash Required to Close
| Down Payment (20%) | $103,980 |
| Ontario Land Transfer Tax | $6,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $113,853 |
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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