2088 James Street 1303, Burlington

$685,832
2088 James Street 1303

$685,832

New
29d
Condo ApartmentApartment

2088 James Street 1303, Burlington

Total Monthly Obligation $3,715

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
29d
Score
17
Yield
5.3%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-W13826224
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$748.8/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-HARLOWE REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Brand-New Penthouse Corner Suite by Mattamy Homes at Martha James Condos!1 parking & 1 locker included! An elite 2-bedroom plus study penthouse corner residence, showcasing stunning northeast panoramic views through extra corner windows and soaring 10-foot ceilings - a rare combination that elevates this 809 sq. ft. layout into a truly spacious, light-filled living experience.Two separate bedrooms each feature their own windows, with the primary offering a private ensuite and frameless glass shower. The suite also includes a versatile dedicated study room - ideal as a home office, reading nook, or extra storage space, adding valuable flexibility beyond the two bedrooms. Enjoy a premium integrated living room media wall. Includes a parking space and storage locker.Resort-style amenities include an inspiring rooftop lounge, fully equipped gym, and stylized event spaces. Superbly located in the heart of downtown Burlington, walking distance to the lakefront, chic cafes, elegant boutiques, and parks.*The listing price incorporates an estimated amount for the temporary Ontario enhanced newhousing HST rebate. This pricing assumes that the rebate is fully enacted as anticipated andthat the purchaser meets all eligibility criteria. If the purchaser is not eligible, the rebatewill not apply and the purchaser may be responsible for a higher purchase price without thebenefit of the rebate.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$564,029($15,363 CMHC)
Land Transfer Taxes$10,192
Legal Fees (Est.)
$
Total cash required for closing$148,858

Total Monthly Obligation

$3,793/mo
Mortgage $2,844
Monthly Loss $3,044
Principal$748
Interest$2,096
Condo Fees$749
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.8%1
5-Year IRR
7.6%21
10-Year IRR
9.4%
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
$36,228/yr
NOI
$21,220/yr
Net Cash Flow
-$1,076/mo
Cash Margin
-35.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
82.2%14
Vacancy Buffer
2.5 mo41
Risk Index
20.7/ 100

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

Comparables

Properties near 2088 James Street 1303

Time

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