5424 Greer Drive, Burlington
Burlington
$1,399,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SPECIALISTS INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To 5424 Greer Drive In The Orchard, One Of Burlington's Most Sought After Areas. This Beautiful Home Is Situated On A Premium Sized Lot. Open Concept LR/DR Area W/ Hardwood Floors, Feature Wall W/ Mantel, Custom Bookcases And California Shutters. The Eat In Kitchen Is Perfect For Large Gatherings W/ Centre Island, Large Pantry, Custom Shelving And A W/Out To A Patterned Concrete Patio. Quality Workmanship Is Evident Through-Out This Home: All New Interior Solid Wood Doors/Hardware For Bedrooms And Closets (2023). Stunning Feature Wall Leading To The Spacious Upstairs Family Room W/ Hardwood Floors. Primary Bedroom Has A Newly Renovated 4 Pc Ensuite W/ Freestanding Tub (2026). The Basement Provides Extra Living Space For An At Home Office Or 4th Bedroom And Still Has An Area For Home Gym And/Or Media Area. Other Updates Include: Roof(2017), Garage Doors (2020), Backyard Shed (2020).Perfectly Located To Schools, Parks, Trails, Shopping, Community Amenities And Highways. Come For A Visit You Will Not Be Disappointed.
MississaugaInvestor.ca
5424 Greer Drive
Detached · 3bd/3ba · ~2,250 sqft
$1,399,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.93%
Monthly Cash Flow
-$5,359/mo
Estimated Rent
$3,750/mo
Cash-on-Cash
-20.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,750 |
| Mortgage | −$6,444 |
| Property Tax | −$1,085 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,167 |
| Vacancy (5%) | −$188 |
| Cash Flow | -$5,359/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,000 |
| Vacancy (5%) | −$2,250 |
| Property Tax | −$13,019 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,999 |
| Annual NOI | $13,032 |
| Cap Rate | 0.93% |
Cash Required to Close
| Down Payment (20%) | $279,980 |
| Ontario Land Transfer Tax | $24,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $307,453 |
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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