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New16 hours ago

699 Castleguard Crescent

Roseland, Burlington

$1,199,999

Detached|Bungalow-Raised
2 | 2 | 5
About this home

Incredible Blue-Chip Investment Opportunity. Beautifully fully renovated two-unit income property. Exceptional opportunity for investors seeking a turnkey sale-leaseback investment (1100+sf upper, 900+sflower). Updated from top to bottom combines strong income potential with outstanding quality and long-term value. Located on a quiet, newly paved crescent. Bright open-concept design. Stunning fully renovated kitchen. Extensive upgrades: waterproofing, excellent insulation for lower utility costs, high quality sound insulation between upper/lower units for enhanced comfort and privacy. Luxurious walk-in laundry and dressing room, complete with elegant French pocket doors, a built-in wardrobe, integrated hamper, and an abundance of thoughtfully organized storage. Beautifully landscaped property featuring a private mature backyard, large beautiful mature maple tree, raised-bed gardens, a spacious shed with power, interior and exterior lighting, a stylish deck with an enclosed tree, privacy wall, and sleek black metal railing. Additional features: 4-car driveway, spacious garage. Unbeatable location minutes from Downtown Burlington, convenient access to the GO Train Station. Restaurants, major shopping centre, and several grocery stores within 1 km Access to the QEW in 5 short minutes. Excellent selection of public, catholic, and private primary and secondary schools all within approximately 1 km. *For Additional Property Details Click The Brochure Icon Below*

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,975
Lot Size55 ft x 92.5 ft
mls© NumberW13645700
Listed ByICI SOURCE REAL ASSET SERVICES INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$415
Heat allowance
$150
Housing costs
$6,707 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $240,000
25-yr amortization

Income needed

$206,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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