1576 Kerns Road 7, Burlington

$699,900
1576 Kerns Road 7

$699,900

New
31d
Condo TownhouseMulti-Level

1576 Kerns Road 7, Burlington

Total Monthly Obligation $3,993

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
31d
Score
17
Yield
5.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
11.0%
Property Type-Condo Townhouse
MLS® Number-W13812988
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 22, 2026
Style-Multi-Level
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,465 (2026)
Maintenance-$681.44/mo
Locker-None
Parking-2 - Detached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cooling-Central Air
Laundry-Yes
Fireplace-Rec Room, Natural Gas
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-60-90 days/TBA
Neighbourhood-Tyandaga
Title-Residential Condo & Other

No agent assigned

Welcome to The Mews in Tyandaga! Nestled among mature trees in a beautifully maintained townhome community, this bright and spacious home is truly move-in ready. Step inside to gleaming hardwood floors, a freshly updated interior and a newly converted HVAC system, including new ductwork, furnace and A/C. The vaulted living and dining room offers an abundance of natural light and walks out to a private, fully fenced, tree-lined patio - the perfect spot to relax or entertain. The neutral white kitchen features stainless steel appliances, additional counter space and convenient access to the main-floor powder room. Upstairs, you'll find two generous bedrooms, along with a private primary retreat featuring double-door entry, an oversized walk-in closet, private balcony and a 4-piece bathroom. The lower level offers a spacious family room with fireplace, plus access to the basement, providing plenty of storage or the opportunity to create additional living space to suit your needs. Outside, enjoy a second private courtyard sitting area, along with direct access to the single-car garage and driveway. Recent updates to the roof, windows and sliding doors add even more value and peace of mind. A wonderful opportunity to own a well-maintained, turnkey townhome in desirable Tyandaga, conveniently located close to amenities, highways and Brant Street, with easy access to downtown Burlington. Come see for yourself all that this exceptional home has to offer!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,993/mo
Mortgage $2,823
Monthly Loss $3,250
Principal$743
Interest$2,080
Property Tax$289
Condo Fees$681
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.9%23
10-Year IRR
9.1%
Returns Index
12.6/ 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
$36,600/yr
NOI
$18,898/yr
Net Cash Flow
-$1,248/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.9/ 100

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

Comparables

Properties near 1576 Kerns Road 7

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.