888 Park Avenue W, Burlington

$2,499,900
888 Park Avenue W

$2,499,900

New
31d
Detached2-Storey

888 Park Avenue W, Burlington

Total Monthly Obligation $11,401

Beds
4
Baths
3
Park
4
Sqft
3000-3500
DOM
31d
Score
14
Yield
2.3%
Cash on Cash
-13.4%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.5%
Property Type-Detached
MLS® Number-W13815620
Beds-4
Bathrooms-3
Size-3000-3500 sqft
Lot Size-70 × 107.7 ft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$11,310 (2026)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT TEAM LOGUE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession--
Neighbourhood-Bayview
Title-Residential Freehold

No agent assigned

Welcome home. Perfectly positioned on an impressive 70-foot frontage in one of South Aldershot's most prestigious neighbourhoods, this exceptional custom-built residence is just a short walk to the lake, marina, golf club, parks, and excellent schools. Thoughtfully designed for both everyday living and elegant entertaining, the home showcases a spectacular great room with 25-foot soaring ceilings, a striking fireplace, and an abundance of natural light that creates an unforgettable first impression. At the heart of the home is a beautifully appointed Wright custom kitchen featuring Cambria quartz countertops, premium Miele appliances, and an expansive centre island with seating, seamlessly flowing into the principal living spaces. A sophisticated dining room provides the perfect setting for hosting family and friends. The main floor is anchored by a private primary retreat complete with a beautifully renovated spa-inspired 5-piece ensuite (2025), featuring new flooring, custom cabinetry, and a stunning glass shower. A dedicated home office, convenient main-floor laundry, and a stylish powder room complete the level. Upstairs, three spacious bedrooms and a beautifully finished 5-piece bathroom provide exceptional comfort and privacy for family and guests. Step outside to your own private backyard retreat. The covered porch is ideal for al fresco dining and entertaining, overlooking a saltwater inground pool and pool house complete with a serving window for effortless outdoor hosting. High-end designer lighting throughout, epoxy garage floors, and custom garage storage cabinetry complete this remarkable South Aldershot offering. Luxury Certified.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,999,920
Land Transfer Taxes$48,973
Legal Fees (Est.)
$
Total cash required for closing$550,453

Total Monthly Obligation

$11,401/mo
Mortgage $10,084
Monthly Loss $8,748
Principal$2,654
Interest$7,430
Property Tax$943
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.9%0
5-Year IRR
3.1%6
10-Year IRR
5.3%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$57,036/yr
NOI
$35,522/yr
Net Cash Flow
-$7,124/mo
Cash Margin
-149.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.292
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
11.9/ 100

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

Comparables

Properties near 888 Park Avenue W

Time

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