1580 Kerns Road 1, Burlington

$649,900
1580 Kerns Road 1

$649,900

Price Change
18d
Condo TownhouseSidesplit

1580 Kerns Road 1, Burlington

Total Monthly Obligation $3,828

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
18d
Score
18
Yield
5.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Townhouse
MLS® Number-W13862664
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 5, 2026
Style-Sidesplit
Building Type-Condo Townhouse
Age-51-99
Taxes-$3,898.68 (2026)
Maintenance-$681.44/mo
Locker-None
Parking-2 - Detached
Basement-Finished with Walk-Out
Heating-Heat Pump (Gas)
Brokerage-REALTY WORLD LEGACY
Cooling-Other, Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Possession-Flexible
Neighbourhood-Tyandaga
Title-Residential Condo & Other

No agent assigned

PRICE REDUCTION - NEW DUCTLESS HEATING AND AIR CONDITIONING SYSTEM WAS INSTALLED in October. Welcome to Tyandaga Mews! This charming 3-bedroom townhome provides 2,150 sq ft of living space in one of Burlington's most sought-after complexes, backing onto a fabulous natural ravine and creek - a view enjoyed from three levels of the home. Balconies off both the primary bedroom and living room, plus a walkout to a patio from the lower level, make this the perfect spot for morning coffee, summer entertaining, or sunset cocktails. The ravine offers a stunning backdrop year-round: lush greenery in summer, vibrant colour in fall, serene stillness in winter, and fresh blooms come spring. Inside, the main floor is made for entertaining. The updated kitchen, with glossy modern cabinets and pot lights, overlooks the family room - so you're always part of the conversation. Enjoy open-concept living and dining spaces beneath a soaring ceiling over the dining room, and a primary suite with its own separate dressing area. The lower level is a retreat of its own, with a rec room that walks out to the patio, plus laundry and crawl space storage. Join a friendly community with an outdoor pool, party room, and snow removal right to your front step. Spend warm summer days lounging poolside or cooling off with a swim. Kerns Park, golf, and tennis are all within walking distance, and you're just minutes from the 403, 407, and QEW. This is more than a home - it's a lifestyle.

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

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,828/mo
Mortgage $2,622
Monthly Loss $3,138
Principal$690
Interest$1,932
Property Tax$325
Condo Fees$681
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.0/ 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
$36,600/yr
NOI
$18,464/yr
Net Cash Flow
-$1,083/mo
Cash Margin
-35.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.7/ 100

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

Comparables

Properties near 1580 Kerns Road 1

Time

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Data last updated within the past 24 hours.