1309 Monmouth Drive, Burlington

$1,499,000
1309 Monmouth Drive

$1,499,000

Price Change
23d
Detached2-Storey

1309 Monmouth Drive, Burlington

Total Monthly Obligation $7,131

Beds
4
Baths
4
Park
4
Sqft
2500-3000
DOM
23d
Score
15
Yield
3.7%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W13844032
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-67.33 × 120.05 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,517 (2026)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-Wood, Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Tyandaga
Title-Residential Freehold

No agent assigned

Custom designed and built by the current owners, this beautifully maintained four-bedroom, four-bathroom home in Tyandaga offers exceptional space, timeless appeal and the warmth of a home that has been lovingly care for since it was built. From the moment you enter, the abundance of natural light and generous room sizes create a welcoming and comfortable atmosphere. The bright eat-in kitchen features quartz countertops, stainless steel appliances and ample cabinetry. The elegant living and dining room combination features large windows, beautiful natural light, crown molding, and detailed wainscoting in the dining area. A convenient main-floor office provides the perfect setting for working from home. The spacious family room features a wood-burning fireplace and a walkout to the professionally landscaped backyard, complete with a large interlock patio, ideal for summer entertaining. A main-floor laundry room with mud room, walkout to the front yard and an attached two-car garage with inside entry. Hardwood flooring runs throughout the second level, where you'll find four generously sized bedrooms. The spacious primary bedroom features a private en-suite and a five-piece main bathroom. The lower level features a recreation area with a gas fireplace, wet bar, bar fridge and two-piece bathroom. There is also a separate unfinished area providing excellent utility space with large storage area. A rare opportunity to become only the second owner of a custom-built home. Close to hospitals, schools, shopping, public transit, and major highways. Say YES to the Address!

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

Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,131/mo
Mortgage $6,047
Monthly Loss $5,540
Principal$1,591
Interest$4,455
Property Tax$710
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.1/ 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
$55,272/yr
NOI
$36,728/yr
Net Cash Flow
-$2,986/mo
Cash Margin
-64.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.8/ 100

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

Comparables

Properties near 1309 Monmouth Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.