946 Glenwood Avenue, Burlington

$1,748,000
946 Glenwood Avenue

$1,748,000

New
22d
Detached1 1/2 Storey

946 Glenwood Avenue, Burlington

Total Monthly Obligation $8,042

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
22d
Score
14
Yield
2.6%
Cash on Cash
-11.8%
Cap Rate
2.0%
5Y IRR
6.3%
10Y IRR
7.4%
Property Type-Detached
MLS® Number-W13846514
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-75 × 162 ft
Listed on site-Oct 1, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$7,394 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-CORCORAN HORIZON REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-West
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-LaSalle
Title-Residential Freehold

No agent assigned

Discover a rare blend of character, thoughtful design, and exceptional versatility in this beautifully updated 3+1 bedroom, 1.5-storey home, set on one of Aldershot's most picturesque, tree-lined streets. Just a short walk to LaSalle Park, the marina, and scenic waterfront trails, the lifestyle here is as compelling as the home itself. A true standout feature is found at the rear of the property: a heated, detached 22' x 22' workshop with two fully finished rooms above, offering a level of flexibility rarely available. Whether envisioned as a private studio, gym, home office, or potential in-law or guest suite, this space meaningfully expands how the property can be lived in and enjoyed.Inside, the residence has been carefully renovated to balance warmth and modern convenience. Rich hardwood floors run throughout, complemented by automated blinds and a bright, airy layout that feels both refined and inviting. A fully integrated Control4 smart home system seamlessly manages lighting, climate, and motorized window coverings, allowing you to tailor comfort, ambiance, and efficiency with ease.The main level offers well-proportioned principal spaces and an updated kitchen that connects effortlessly to the outdoors, where tiered decking overlooks a private pool and professionally landscaped gardens, creating a natural setting for both entertaining and everyday living. Upstairs, three well-appointed bedrooms provide comfortable accommodations, while the finished lower level introduces a flexible fourth bedroom ideal for guests, a home office, or additional living space.Positioned just minutes from the Aldershot GO Station with convenient access to the 403, 407, and QEW, this home combines commuter convenience with the charm of a quiet, established neighbourhood.A unique offering where lifestyle, design, and functionality come together, ready to be enjoyed from day one.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,398,400
Land Transfer Taxes$31,435
Legal Fees (Est.)
$
Total cash required for closing$382,535

Total Monthly Obligation

$8,042/mo
Mortgage $7,051
Monthly Loss $6,187
Principal$1,855
Interest$5,196
Property Tax$616
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.1%8
10-Year IRR
6.0%
Returns Index
5.5/ 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
$45,936/yr
NOI
$29,448/yr
Net Cash Flow
-$4,597/mo
Cash Margin
-120.1%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 946 Glenwood Avenue

Time

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