2423 Raymore Drive, Burlington

$1,699,500
2423 Raymore Drive

$1,699,500

New
23d
Detached2-Storey

2423 Raymore Drive, Burlington

Total Monthly Obligation $8,054

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
23d
Score
14
Yield
2.8%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-W13844640
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-90.88 × 79.76 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$9,888.83 (2026)
Parking-6 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-INTERNATIONAL REALTY FIRM, INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Brant
Title-Residential Freehold

No agent assigned

Exceptional Custom-Built Home (2024) in Burlington's Desirable Central Neighbourhood. Nestled on a quiet cul-de-sac, this stunning custom-built residence offers the perfect combination of luxury, comfort, and convenience. Ideally situated near top-rated schools, GO Train, Burlington Centre, and Burlington's vibrant downtown waterfront, this home delivers an exceptional lifestyle in one of the city's most desirable locations. The open-concept main floor is thoughtfully designed for both everyday living and entertaining, featuring a spectacular Barzotti custom kitchen with quartz countertops, abundant cabinetry, and premium LG stainless steel appliances. Elegant hardwood flooring flows seamlessly throughout the main level including the foyer, living room, dining area, and kitchen and continues upstairs through the hallway and all bedrooms. Extending the living space is a charming three-season garden room, accessed from the dining area through oversized sliding patio doors. Surrounded by natural light and featuring two additional sliding doors, this inviting retreat provides the perfect space to relax and enjoy the outdoors in comfort. The upper level offers three generously sized bedrooms, all are appointed with coffered ceilings, spacious walk-in closet, and private ensuite bathrooms with heated floors. A beautifully designed laundry room is conveniently located on the bedroom level and features a stacked LG washer and dryer, stainless steel sink, ample cabinetry, and extensive counter space. Completing the home is an oversized double garage equipped with side-mounted quiet door openers and additional workshop/storage space ideal for hobbyists and growing families alike. Meticulously crafted with exceptional attention to detail and finished to the highest standards, this remarkable home seamlessly blends sophisticated design with everyday functionality. Simply move in and enjoy the quality, comfort, and lifestyle this outstanding property has to offer.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,359,600
Land Transfer Taxes$30,465
Legal Fees (Est.)
$
Total cash required for closing$371,865

Total Monthly Obligation

$8,054/mo
Mortgage $6,855
Monthly Loss $6,250
Principal$1,804
Interest$5,051
Property Tax$824
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.2%9
10-Year IRR
6.1%
Returns Index
5.7/ 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
$48,372/yr
NOI
$29,146/yr
Net Cash Flow
-$4,426/mo
Cash Margin
-109.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.4/ 100

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

Comparables

Properties near 2423 Raymore 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.

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Data last updated within the past 24 hours.