1237 Sycamore Drive, Burlington

$1,099,000
1237 Sycamore Drive

$1,099,000

New
32d
Detached2-Storey

1237 Sycamore Drive, Burlington

Total Monthly Obligation $5,197

Beds
3
Baths
4
Park
3
Sqft
1100-1500
DOM
32d
Score
18
Yield
4.4%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-W13811936
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-36.28 × 122.26 ft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,669.04 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Fibreglass Shingle
Foundation-Concrete
Sewer-None
Possession-TBA
Neighbourhood-Palmer
Title-Residential Freehold

No agent assigned

Welcome to 1237 Sycamore Drive - a substantially renovated detached family home situated on a quiet, established cul-de-sac in Burlington's desirable Palmer neighbourhood.The original four-bedroom layout has been thoughtfully redesigned into three more comfortable bedrooms. The spacious primary bedroom now features a large, newly created ensuite bathroom with a window, as well as a walk-in closet - a significant improvement over the home's original layout, where all four bedrooms shared a single bathroom.The extensive renovation includes new flooring throughout, pot lights, fully renovated bathrooms and a finished basement. The bright, modernized interior offers a practical family layout with only the final finishing touches remaining.Outside, the property provides a large, private backyard with an inground pool. An attached single garage is complemented by a generous driveway accommodating approximately three to four additional vehicles, depending on their size.Conveniently located close to schools, parks, shopping, the QEW and Highway 407. Priced very competitively in relation to recent neighbourhood sales, this property offers buyers the opportunity to purchase a substantially renovated family home without facing the expense, delays and inconvenience of completing a major renovation themselves.The sellers are committed to achieving a timely sale, and a quick closing is preferred.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$879,200
Land Transfer Taxes$18,455
Legal Fees (Est.)
$
Total cash required for closing$239,755

Total Monthly Obligation

$5,197/mo
Mortgage $4,433
Monthly Loss $4,031
Principal$1,167
Interest$3,267
Property Tax$389
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.6/ 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
$48,432/yr
NOI
$34,420/yr
Net Cash Flow
-$1,565/mo
Cash Margin
-38.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
18.3/ 100

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

Comparables

Properties near 1237 Sycamore Drive

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.