2138 Falmouth Terrace, Burlington
Burlington
$789,900
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS EDGE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
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
This solid three-bedroom bungalow is bursting with untapped potential and sits on a generous lot in the highly desirable Burlington neighbourhood of Brant Hills. Whether you want to renovate and modernize the existing layout, create a custom rental property, or build your dream home from the ground up, this property provides the perfect canvas. This house has a classic layout with three main floor bedrooms, a spacious living area and a functional kitchen footprint. With it's separate entrance and full bathroom in the basement, this home provides potential for an in-law suite or a future secondary unit. Its central location is minutes to the Burlington GO station, QEW /403, waterfront parks, top rated schools and shopping. This property is being sold as is, where is, condition. The seller makes no representations or warranties regarding the state of the structure, included fixtures, or mechanical systems.
MississaugaInvestor.ca
2138 Falmouth Terrace
Detached · 3bd/2ba · ~900 sqft
$789,900
Cash-Flow Report · August 1, 2026
Cap Rate
3.41%
Monthly Cash Flow
-$1,388/mo
Estimated Rent
$3,940/mo
Cash-on-Cash
-9.61%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,940 |
| Mortgage | −$3,636 |
| Property Tax | −$612 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$658 |
| Vacancy (5%) | −$197 |
| Cash Flow | -$1,388/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,280 |
| Vacancy (5%) | −$2,364 |
| Property Tax | −$7,346 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,899 |
| Annual NOI | $26,971 |
| Cap Rate | 3.41% |
Cash Required to Close
| Down Payment (20%) | $157,980 |
| Ontario Land Transfer Tax | $12,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $173,253 |
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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