
509- 1270 Maple Crossing Boulevard, Burlington
Burlington
$600,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
INCREDIBLE OPPORTUNITY to own this beautifully renovated sun-filled 2-bedroom + solarium, 2 full bathroom corner suite offering 1,000 sq. ft. in Burlington's prestigious "Palace"! From the moment you step inside you'll appreciate the exceptional craftsmanship including new luxury vinyl flooring throughout that creates a seamless, sophisticated feel! At the heart of the home is the stunning recently renovated kitchen showcasing timeless white cabinetry, gorgeous quartz countertops, stainless steel appliances & a sleek modern design that's perfect for everyday living & entertaining! Expansive corner-unit windows flood the suite with natural light while framing breathtaking escarpment views & unforgettable sunrises. The layout is ideal for both everyday living & entertaining featuring a spacious primary retreat with a private ensuite, a rare second full bathroom for family or guests & a bright solarium that makes the perfect home office, reading room or creative space. Life at The Palace is all about enjoying a resort-inspired lifestyle. Residents have access to an impressive collection of amenities including a fitness centre, outdoor pool, tennis courts, squash/racquetball courts, party room, games room, guest suites, car wash, bicycle storage, lobby Wi-Fi, 24-hour concierge & so much more! Ideally situated just steps from Joseph Brant Hospital this location is perfect for healthcare professionals, downsizers, first-time buyer or anyone seeking the convenience of Burlington's vibrant waterfront lifestyle! Enjoy walking to Spencer Smith Park, the Waterfront Trail & restaurants! The Palace offers an exceptional lifestyle with carefree living at its finest. Complete with ensuite laundry, underground parking, locker & all that downtown Burlington has to offer! Gas, hydro & water are all included in the condo fees! There's even potential to rent a second parking space! Beautifully renovated, perfectly located & loaded with value, this is one you won't want to miss!
MississaugaInvestor.ca
509- 1270 Maple Crossing Boulevard
Condo Apartment · 2bd/2ba · ~1,100 sqft
$600,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.82%
Monthly Cash Flow
-$2,354/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-21.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$2,762 |
| Property Tax | −$465 |
| Insurance | −$225 |
| Condo Fee | −$1,087 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$2,354/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$5,580 |
| Insurance | −$2,700 |
| Condo Fee | −$13,044 |
| Annual NOI | $4,896 |
| Cap Rate | 0.82% |
Cash Required to Close
| Down Payment (20%) | $120,000 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,475 |
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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