2055 Upper Middle Road 602, Burlington

$568,000
2055 Upper Middle Road 602

$568,000

New
24d
Condo Apartment1 Storey/Apt

2055 Upper Middle Road 602, Burlington

Total Monthly Obligation $4,027

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
24d
Score
16
Yield
6.1%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-W13841632
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,808 (2025)
Maintenance-$1,302.34/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-Brant Hills
Title-Residential Condo & Other

No agent assigned

Beautifully renovated and move- in ready!!! Bright and spacious 3-bedroom, 2-bathroom condo with 1250sqft. Featuring brand new gorgeous engineered hardwood flooring, stylishly updated bathrooms and a modern kitchen with new quartz countertops and stainless steel appliances. All-inclusive condo fee includes- water, hydro, heat, central air conditioning, Bell Fibe TV, building insurance, exterior maintenance, common elements, parking and visitor parking-providing exceptional convenience and value. Enjoy an impressive selection of building amenities, including a gym, sauna, tennis/pickleball court, outdoor pool, library, games room, party room, workshop and guest suite! Walk-out to large private balcony- with stunning views of the surrounding nature and lake. The modern kitchen offers lots of cupboard space and all 3 bedrooms are generously sized, each with its own window and closet. Primary bedroom provides a comfortable retreat with a walk-in closet and newly renovated washroom. The in-suite laundry area adds everyday convenience, while the corner-unit layout provides excellent flow and privacy. Conveniently located within walking distance to shopping, public transit, parks, and everyday amenities, with easy access to major highways. A beautifully updated property offering space, natural light, scenic views, extensive building amenities and the convenience of an all-inclusive condo fee! NOTE: Additional parking spots are currently available through the building for an additional fee.

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

Closing Costs

Mortgage Amount
$454,400
Land Transfer Taxes$7,835
Legal Fees (Est.)
$
Total cash required for closing$122,935

Total Monthly Obligation

$4,027/mo
Mortgage $2,291
Monthly Loss $3,425
Principal$603
Interest$1,688
Property Tax$234
Condo Fees$1,302
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.9%11
10-Year IRR
7.0%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,452/yr
NOI
$10,171/yr
Net Cash Flow
-$1,444/mo
Cash Margin
-50.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
19.8/ 100

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

Comparables

Properties near 2055 Upper Middle Road 602

Time

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Data last updated within the past 24 hours.