181 Plains Road W 49, Burlington

$710,000
181 Plains Road W 49

$710,000

New
29d
Condo Townhouse3-Storey

181 Plains Road W 49, Burlington

Total Monthly Obligation $3,601

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
29d
Score
19
Yield
4.8%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Townhouse
MLS® Number-W13824638
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 24, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$4,050.96 (2026)
Maintenance-$199.42/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-Bayview
Title-Residential Condo & Other

No agent assigned

Amazing opportunity and excellent value in sought-after Aldershot! This pristine 2-bedroom, 1.5-bath townhome offers stylish, move-in-ready living in Burlington's desirable west end, with quick access to the QEW, downtown Burlington and Hamilton. The bright open-concept main level features high ceilings, hardwood flooring and a beautifully upgraded kitchen with tall cabinetry, plenty of storage and a functional layout, plus a walkout to your private balcony. Upstairs, enjoy two spacious bedrooms, convenient bedroom-level laundry and a 4-piece bath. Ideally located close to Aldershot GO, restaurants, parks, Lake Ontario, Royal Botanical Gardens and LaSalle Park. A fantastic opportunity to get into Burlington with low condo fees, a great location and exceptional value!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$568,000
Land Transfer Taxes$10,675
Legal Fees (Est.)
$
Total cash required for closing$154,175

Total Monthly Obligation

$3,601/mo
Mortgage $2,864
Monthly Loss $2,847
Principal$754
Interest$2,110
Property Tax$338
Condo Fees$199
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,428/yr
NOI
$22,141/yr
Net Cash Flow
-$1,019/mo
Cash Margin
-35.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.3/ 100

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

Comparables

Properties near 181 Plains Road W 49

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.