3499 Upper Middle Road 311, Burlington

$399,881
3499 Upper Middle Road 311

$399,881

New
43d
Condo ApartmentApartment

3499 Upper Middle Road 311, Burlington

Total Monthly Obligation $2,864

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
43d
Score
17
Yield
6.8%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13773346
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 10, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,385.91 (2026)
Maintenance-$852.15/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Headon
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 1 bedroom & 1 bathroom unit in a highly sought-after neighborhood! Freshly painted and filled with natural light, this inviting unit features large windows, laminate flooring throughout, and a functional open-concept layout. Dining area offers a walk-out to a large private balcony overlooking beautifully landscaped park-like grounds. Spacious kitchen boasts a bright breakfast area. Large bedroom boasts an organized closet, providing exceptional storage. Enjoy the convenience of one owned parking space and a same floor locker next to unit for easy access. Ideally located close to public transit, shopping plazas, restaurants, parks, and all everyday amenities, this exceptional home is perfect for first-time buyers, downsizers, or investors alike. Don't miss this fantastic opportunity to own in a prime location!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$328,862($8,957 CMHC)
Land Transfer Taxes$4,473
Legal Fees (Est.)
$
Total cash required for closing$85,949

Total Monthly Obligation

$2,909/mo
Mortgage $1,658
Monthly Loss $2,473
Principal$436
Interest$1,222
Property Tax$199
Condo Fees$852
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-12.1%0
5-Year IRR
5.3%12
10-Year IRR
8.0%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,228/yr
NOI
$9,493/yr
Net Cash Flow
-$867/mo
Cash Margin
-38.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
82.2%14
Vacancy Buffer
3.3 mo56
Risk Index
24.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3499 Upper Middle Road 311

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.