5940 Blue Spruce Avenue, Burlington

$1,479,000
5940 Blue Spruce Avenue

$1,479,000

New
29d
Detached2-Storey

5940 Blue Spruce Avenue, Burlington

Total Monthly Obligation $6,783

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
29d
Score
15
Yield
3.2%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-W13825274
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-36.09 × 75.46 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,304.88 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Orchard
Title-Residential Freehold

No agent assigned

Welcome to 5940 Blue Spruce Avenue, nestled in Burlington's highly sought-after Orchardneighbourhood-renowned for its family-friendly atmosphere, excellent schools, and walking distance to the scenic trails of Bronte Provincial Park. From the moment you step inside, you're welcomed by an abundance of natural light pouring through a stunning cathedral-height window in the great room, creating a bright, open, and inviting atmosphere. The thoughtfully designed main floor offers seamless flow for everyday living and entertaining, featuring a spacious dining area that comfortably accommodates a full-sized table-perfect for hosting family and friends. The home also boasts a beautifully designed custom kitchen, complete with premium KitchenAid stainless steel appliances, including a gas stove, fridge, and dishwasher-ideal for both everyday cooking and entertaining. A convenient powder room and interior garage access add to the home's practicality. Upstairs, a striking double-height staircase leads to a generously sized primary bedroom retreat, complete with a walk-in closet and private ensuite. Two additional well-appointed bedrooms, a full bathroom, and convenient second-floor laundry, provide ample space for a growing family, ensuring comfort and privacy for all. The fully finished walkout basement is a standout feature of this home, offering exceptional versatility and income potential. Complete with its own kitchen, full bathroom, and separate laundry, this space is ideal for extended family, guests, or as a potential in-law suite or rental opportunity. This move-in ready home combines bright, spacious interiors with incredible functionality and flexibility-perfect for families looking to settle into one of Burlington's most desirable communities.

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

Closing Costs

Mortgage Amount
$1,183,200
Land Transfer Taxes$26,055
Legal Fees (Est.)
$
Total cash required for closing$323,355

Total Monthly Obligation

$6,783/mo
Mortgage $5,966
Monthly Loss $5,213
Principal$1,570
Interest$4,396
Property Tax$442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.1%14
10-Year IRR
7.5%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$47,904/yr
NOI
$33,309/yr
Net Cash Flow
-$3,190/mo
Cash Margin
-79.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.9/ 100

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

Comparables

Properties near 5940 Blue Spruce Avenue

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.