2037 Mountain Grove Avenue, Burlington

$999,999
2037 Mountain Grove Avenue

$999,999

Price Change
32d
DetachedSidesplit

2037 Mountain Grove Avenue, Burlington

Total Monthly Obligation $4,868

Beds
5
Baths
3
Park
2
Sqft
1100-1500
DOM
32d
Score
18
Yield
4.5%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-W13808184
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-58.16 × 114.95 ft
Listed on site-Sep 21, 2026
Style-Sidesplit
Building Type-Detached
Taxes-$5,512.98 (2026)
Parking-3 - Attached
Basement-Full, Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Brant Hills
Title-Residential Freehold

No agent assigned

Lovely multifaceted side split family home in Brant Hills neighbourhood! This 3+2 bedroom, 2.5 bathroom home has over 2,300 square feet of living space throughout the four levels and walks-up to the large backyard! The main floor follows a traditional floor plan, the foyer offers a great transitional space from outside to inside and opens up to the spacious living room with a west-facing bay window. The updated kitchen features stone countertops, white cupboards, stainless steel appliances and flows directly to the dining alcove with a walkout to the sunroom and backyard. The upper level features updated flooring throughout the 3 spacious bedrooms and a 3-piece bathroom with ensuite privilege to the primary bedroom. The lower levels cozy recreation room is newly carpeted with a gas-fireplace to enjoy in the cold winters. The lower level is complete with a 4th bedroom, 4-piece bathroom and walk-up adding a ton of potential to the property. The bonus basement space features a 5th bedroom, office space, laundry room and a convenient 2-piece bathroom. The tree lined backyard is ready for a Buyer to make their own and backs onto recreational green space for added privacy. With 1-car garage and 2-car laneway and conveniently located close to shops, restaurants, schools and the Escarpment and trails in North Burlington!

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$4,868/mo
Mortgage $4,034
Monthly Loss $3,807
Principal$1,061
Interest$2,972
Property Tax$459
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$45,396/yr
NOI
$30,843/yr
Net Cash Flow
-$1,463/mo
Cash Margin
-38.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.9/ 100

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

Comparables

Properties near 2037 Mountain Grove Avenue

Time

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