3480 Upper Middle Road 52, Burlington

$699,900
3480 Upper Middle Road 52

$699,900

New
22d
Condo Townhouse3-Storey

3480 Upper Middle Road 52, Burlington

Total Monthly Obligation $3,835

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
22d
Score
19
Yield
5.5%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.5%
Property Type-Condo Townhouse
MLS® Number-W13851978
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,071.28 (2026)
Maintenance-$473/mo
Locker-None
Parking-1 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Flexible
Neighbourhood-Palmer
Title-Residential Condo & Other

No agent assigned

Located in the highly sought-after Tucks Forest community in Burlingtons Palmer neighbourhood, 3480 Upper Middle Road #52 offers approximately 1,487 sq. ft. of above-grade living space across three levels, in a quiet, private setting surrounded by trees. This bright, modern condo townhome features two bedrooms, two 3-piece bathrooms, and an open-concept layout with versatile space that can be adapted for an additional bedroom or home office. The backyard sits on a beautiful forest with breathtaking views of a winding stream that is very well maintained. Its fully fenced yard is great for dog lovers and or families with small children. Tucks Forest is a popular, family-friendly community known for its peaceful atmosphere and everyday convenience. The home is within walking distance of parks, shopping, and restaurants, and close to several public and Catholic elementary and secondary schools. Public transit is nearby, and major highways are easily accessible for commuters. This is an opportunity to own a bright, move-in ready home in one of Burlingtons most desirable communities.

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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,835/mo
Mortgage $2,823
Monthly Loss $3,093
Principal$743
Interest$2,080
Property Tax$339
Condo Fees$473
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$38,640/yr
NOI
$22,629/yr
Net Cash Flow
-$937/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
22.4/ 100

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

Comparables

Properties near 3480 Upper Middle Road 52

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.