4119 Palermo Common N/A, Burlington
Burlington
$649,900
Cash flow, cap rate & mortgage breakdown
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Listed by KIGO REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Bright, Bigger And Spacious Corner Unit Townhome In One Of Burlington's Most Convenient And Family-Friendly Communities. This Well-Designed Home Features A Functional Open Concept Layout Filled With Natural Light From Additional Corner Unit Windows. Modern Eat-In Kitchen With Stainless Steel Appliances, Ample Cabinet Space, And Breakfast Area With Walk-Out To Balcony. Combined Living And Dining Area Offers Comfortable Space For Both Everyday Living And Entertaining. Third Floor Features Two Generously Sized Bedrooms Including A Large Primary Bedroom With Private Ensuite Featuring A Relaxing Jetted Tub, Additional Full Bathroom, And Convenient Upper Level Laundry. Rare Corner Unit Offering Added Privacy And Excellent Natural Light Throughout. Includes One Exclusive Surface Parking Space Conveniently Located Directly In Front Of The Unit. Close To Schools, Parks, Shopping, Restaurants, Public Transit, Appleby GO Station, And Easy Access To QEW/403. Perfect Opportunity For First-Time Buyers, Downsizers, Or Investor
MississaugaInvestor.ca
4119 Palermo Common N/A
Condo Townhouse · 2bd/3ba · ~1,500 sqft
$649,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.28%
Monthly Cash Flow
-$1,757/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-14.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,991 |
| Property Tax | −$504 |
| Insurance | −$225 |
| Condo Fee | −$269 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,757/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$6,044 |
| Insurance | −$2,700 |
| Condo Fee | −$3,228 |
| Annual NOI | $14,818 |
| Cap Rate | 2.28% |
Cash Required to Close
| Down Payment (20%) | $129,980 |
| Ontario Land Transfer Tax | $9,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,453 |
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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