685 Francis Road 1, Burlington

$599,888
685 Francis Road 1

$599,888

Sold Conditional Escape
21d
Condo Townhouse2-Storey

685 Francis Road 1, Burlington

Total Monthly Obligation $3,607

Beds
2
Baths
3
Park
2
Sqft
1200-1399
DOM
21d
Score
20
Yield
6.4%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Townhouse
MLS® Number-W13856672
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,167.68 (2026)
Maintenance-$722.97/mo
Locker-None
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Metal/Steel Siding
Possession-FLEXIBLE
Neighbourhood-LaSalle
Title-Residential Condo & Other

No agent assigned

If you're leaving a condo and want outdoor space of your own, or downsizing without giving up full-size rooms, this LaSalle townhouse gives you both. It sits off North Shore Boulevard, a short drive from LaSalle Park and the Burlington waterfront, with 2 owned parking spaces. The home has been extensively updated, from professionally removed popcorn ceilings and new crown moulding to a renovated kitchen with stone counters, a marble mosaic backsplash, and stainless steel appliances. Hardwood carries through the dining and living rooms, where a walkout opens to a private, fully fenced patio with new concrete. It's a good spot for dinner outside on a summer evening, and BBQs are permitted. Upstairs, the layout was reworked from three bedrooms to two. The primary suite took over the third bedroom's space and now has a walk-in closet, a custom accent wall, and a renovated 3-piece ensuite. The second bedroom is the same size as the primary and has its own 3-piece bath down the hall, so a guest or grown child has a bathroom of their own. Downstairs, an open recreation room with newly insulated walls gives you room for a home office or a second lounge, and a separate laundry and utility room is on the same level. The furnace, central air, and owned tankless water heater were all installed in 2022, and the dishwasher is new, so the big mechanical items are already done. The Burlington GO and the QEW are a short drive away for commuters, with Joseph Brant Hospital and Mapleview Shopping Centre close by and the Francis Road Bikeway within walking distance.

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

Closing Costs

Mortgage Amount
$479,910
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,951

Total Monthly Obligation

$3,607/mo
Mortgage $2,420
Monthly Loss $2,970
Principal$637
Interest$1,783
Property Tax$264
Condo Fees$723
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
11.1%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$38,328/yr
NOI
$20,252/yr
Net Cash Flow
-$732/mo
Cash Margin
-22.9%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.8/ 100

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

Comparables

Properties near 685 Francis Road 1

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