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Roseland, Burlington
$1,199,999
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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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,975 |
| Lot Size | 55 ft x 92.5 ft |
| mls© Number | W13645700 |
| Listed By | ICI 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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