
47- 1150 Skyview Drive, Burlington
Burlington
$1,219,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Investment Analysis
Key Facts
Type
Detached Condo
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the exclusive Tyandaga Oaks community of Burlington! This rare and incredibly spacious detached Bungaloft offers almost 2,100 square feet of beautifully finished living space across the main and second levels, plus an impressive 1,500+ square feet unfinished basement with endless potential. The main floor features gleaming hardwood floors and a bright, open-concept living and dining area showcasing soaring vaulted ceilings to the second floor. The refreshed white eat-in kitchen offers granite countertops, stainless steel appliances and plenty of space for everyday living and entertaining. A separate family room/den provides additional living space and walks out to a large deck overlooking the gardens. The spacious main-floor primary suite is ideal for empty nesters or those looking for convenient one-level living. It features two walk-in closets and a beautifully renovated five-piece ensuite with custom cabinetry and an oversized glass-enclosed shower. A convenient main-floor laundry room and updated powder room complete this level. Upstairs, a private guest retreat awaits with a generous bedroom, versatile loft/office space and a full four-piece bathroom-perfect for visiting family or guests. The lower level offers incredible flexibility and potential, featuring a large workshop and two separate den/office/bedroom spaces. With over 1,500 square feet of space, all walls drywalled and ceilings finished, it can easily be customized to suit your needs with your choice of flooring. Enjoy excellent curb appeal, a double-car garage and a beautifully maintained, family-friendly community with very low condo fees. Ideally located close to shopping, restaurants, highway access and just a short drive to downtown Burlington, do not miss this rare opportunity to own an exceptional detached Bungaloft in one of Burlington's desirable communities!
MississaugaInvestor.ca
47- 1150 Skyview Drive
Detached Condo · 3bd/3ba · ~2,125 sqft
$1,219,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.92%
Monthly Cash Flow
-$3,662/mo
Estimated Rent
$3,550/mo
Cash-on-Cash
-16.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,550 |
| Mortgage | −$5,611 |
| Property Tax | −$945 |
| Insurance | −$225 |
| Condo Fee | −$253 |
| Vacancy (5%) | −$178 |
| Cash Flow | -$3,662/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,600 |
| Vacancy (5%) | −$2,130 |
| Property Tax | −$11,337 |
| Insurance | −$2,700 |
| Condo Fee | −$3,036 |
| Annual NOI | $23,397 |
| Cap Rate | 1.92% |
Cash Required to Close
| Down Payment (20%) | $243,800 |
| Ontario Land Transfer Tax | $20,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $267,655 |
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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