
2102 Salma Crescent, Burlington
Burlington
$1,079,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ABOUTOWNE REALTY CORP.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 2102 Salma Crescent in Burlington's highly desirable Headon Forest community. This beautifully updated detached home offers 3 spacious bedrooms, 3 bathrooms, a fully finished basement with a separate entrance, and outstanding curb appeal-perfect for families, professionals, or anyone seeking a move-in ready home in an established neighbourhood. Step inside to a bright, open-concept main floor featuring elegant hardwood flooring, expansive bay windows, and inviting living and dining areas designed for both everyday living and entertaining. The updated kitchen boasts stainless steel appliances, granite countertops, under-cabinet lighting, pot drawers, and ample prep space for family meals and gatherings. Upstairs, the spacious primary bedroom includes a walk-in closet and convenient semi-ensuite access to a beautifully updated 4-piece bathroom. Two additional generously sized bedrooms provide flexibility for family, guests, or a home office. The fully finished basement, complete with its own separate entrance, offers exceptional versatility with additional living space ideal for a recreation room, home gym, office, or future in-law suite potential. Step outside to your private backyard featuring a large deck-perfect for summer BBQs, outdoor dining, or relaxing with family and friends. Ideally located in one of Burlington's most family-friendly communities, this home is just steps from excellent schools, parks, playgrounds, walking trails, and Ireland Park. Enjoy convenient access to shopping, restaurants, grocery stores, recreation centres, and all everyday amenities. Commuters will appreciate quick access to Highways 403, 407, and the QEW, along with nearby GO Transit for seamless travel throughout the GTA. Beautifully updated, thoughtfully designed, and ideally situated, this exceptional home offers the perfect combination of comfort, convenience, and lifestyle.
MississaugaInvestor.ca
2102 Salma Crescent
Detached · 4bd/3ba · ~1,750 sqft
$1,079,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.72%
Monthly Cash Flow
-$2,518/mo
Estimated Rent
$4,640/mo
Cash-on-Cash
-12.76%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,640 |
| Mortgage | −$4,966 |
| Property Tax | −$836 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$899 |
| Vacancy (5%) | −$232 |
| Cash Flow | -$2,518/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$55,680 |
| Vacancy (5%) | −$2,784 |
| Property Tax | −$10,035 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,790 |
| Annual NOI | $29,371 |
| Cap Rate | 2.72% |
Cash Required to Close
| Down Payment (20%) | $215,800 |
| Ontario Land Transfer Tax | $18,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $236,855 |
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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