3202 Centennial Drive E, Burlington

$998,000
3202 Centennial Drive E

$998,000

New
17d
DetachedBacksplit 3

3202 Centennial Drive E, Burlington

Total Monthly Obligation $4,780

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
17d
Score
17
Yield
4.2%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Detached
MLS® Number-W13865670
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-38.16 × 118 ft
Listed on site-Oct 6, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$4,554 (2025)
Parking-3 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible TBD
Neighbourhood-Palmer
Title-Residential Freehold

No agent assigned

Welcome to 3202 Centennial Drive in Burlington's sought after Palmer community. This beautifully updated 3-Bedroom, 2-Bathroom backsplit home offers modern comfort and style. The Open concept kitchen features quartz counters, a gas range stove, wine fridge section, and a large pantry, and opening to a bright living and dining area with hardwood floors. Upstairs features spacious bedrooms and a main bath with marble floors, large shower, and whirlpool tub provide a relaxing retreat. The lower level adds a large Rec Room and a Second Full Bath. *Premium Lot Widens at back to *66.74 ft, and one side *127 ft deep. The Private backyard is a true highlight, with a heated (In-Ground Pool) surrounded by mature trees and landscaping, ideal for relaxing or entertaining. Recent updates include a Newer Furnace, A/C, and Hwt, updated wiring, all Newer Pool Equipment, and lighting. Features a double driveway with an attached garage with backyard access. Located close to top schools, parks, shopping, GO Transit, and highways. This beautiful home offers peaceful living with easy city access. Ideal for comfortable and stylish living with a stunning "Poolside Oasis". Flexible Closing!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$4,780/mo
Mortgage $4,026
Monthly Loss $3,721
Principal$1,059
Interest$2,966
Property Tax$380
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.1%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$42,060/yr
NOI
$28,800/yr
Net Cash Flow
-$1,626/mo
Cash Margin
-46.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.8/ 100

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

Comparables

Properties near 3202 Centennial Drive E

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.