326 Walkers Line, Burlington

$949,900
326 Walkers Line

$949,900

New
22d
DetachedSidesplit 3

326 Walkers Line, Burlington

Total Monthly Obligation $4,753

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
18
Yield
4.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-W13852776
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-70 × 115 ft
Listed on site-Oct 1, 2026
Style-Sidesplit 3
Building Type-Detached
Taxes-$6,558 (2026)
Parking-4 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Roseland
Title-Residential Freehold

No agent assigned

Welcome to 326 Walkers Line - a solid side-split sitting on a 70'x115' lot in the coveted neighbourhood of Roseland in neighbourhood, just minutes from the lake and in the Tuck school district. Whether you're looking for a home to make your own, a renovation project, an investment, or a lot with an eye toward something new, this is a property that gives you options. The existing home offers 3 bedrooms, 2 bathrooms and an attached single-car garage, with a generous lot that opens the door to plenty of possibilities. Under Burlington's new Residential Zoning By-law 09-2026, the property is zoned LN5, which permits a detached home with up to 35% lot coverage and a maximum height of 10m with a peaked roof. Additional Residential Units may also be permitted, subject to applicable City requirements and approvals. And then there's the location. You're close to Nelson Park, Paletta Lakefront Park and the waterfront, with everyday shopping along New Street, Burlington Centre nearby and easy access to Appleby GO and the QEW. Downtown Burlington and Spencer Smith Park are just a short drive away. A great-sized lot in a mature south Burlington neighbourhood, with the flexibility to work with what's here or start imagining what could be next!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$759,920
Land Transfer Taxes$15,473
Legal Fees (Est.)
$
Total cash required for closing$206,953

Total Monthly Obligation

$4,753/mo
Mortgage $3,832
Monthly Loss $3,745
Principal$1,008
Interest$2,823
Property Tax$547
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$46,200/yr
NOI
$30,522/yr
Net Cash Flow
-$1,288/mo
Cash Margin
-33.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.5/ 100

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

Comparables

Properties near 326 Walkers Line

Time

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Data last updated within the past 24 hours.