881 Danforth Place, Burlington

$2,499,000
881 Danforth Place

$2,499,000

New
28d
DetachedBungalow

881 Danforth Place, Burlington

Total Monthly Obligation $11,307

HausQ Valuation Report
Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
28d
Score
14
Yield
2.3%
Cash on Cash
-13.1%
Cap Rate
1.8%
5Y IRR
5.4%
10Y IRR
6.7%
Property Type-Detached
MLS® Number-W13827750
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-90 × 130 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$10,225 (2025)
Parking-6 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-MII REALTY POINT
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Indoor, Inground
Facing-East
Exterior-Brick, Concrete
Roof-Other
Foundation-Other
Sewer-Sewer
Possession-Immediate
Neighbourhood-Bayview
Title-Residential Freehold

No agent assigned

Absolutely Stunning Custom Built Show Home! Designed By Architect David Carruthers. This Spacious Open Concept Bungalow Boasts A Functional Floorplan With 2 Large Bedrooms On The Main Floor. Bright And Sun-filled With No Expenses Spared. High End Custom Finishes. Beautiful Open Concept Chef's Kitchen With Stainless Steel Appliances. Primary Br Features A Large Walk-In Closet and A Spa Like Ensuite Bath! Walk-Out From The Great Room To A Massive Roof-Top Deck With Breath Taking Views Overlooking Burlington Bay/Lake Ontario. Also Features Cathedral Ceilings, a professionally designed Indoor Pool, and Full Commercial Home Gym Space! This Home Has Everything You Need!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,999,200
Land Transfer Taxes$48,950
Legal Fees (Est.)
$
Total cash required for closing$550,250

Total Monthly Obligation

$11,307/mo
Mortgage $10,080
Monthly Loss $8,655
Principal$2,653
Interest$7,428
Property Tax$852
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.6%0
5-Year IRR
3.4%7
10-Year IRR
5.4%
Returns Index
4.8/ 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
$57,840/yr
NOI
$37,331/yr
Net Cash Flow
-$6,969/mo
Cash Margin
-144.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
12.0/ 100

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

Comparables

Properties near 881 Danforth Place

Time

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Data last updated within the past 24 hours.