2343 Mountainside Drive, Burlington

$839,900
2343 Mountainside Drive

$839,900

New
18d
Detached1 1/2 Storey

2343 Mountainside Drive, Burlington

Total Monthly Obligation $4,137

Beds
5
Baths
2
Park
5
Sqft
700-1100
DOM
18d
Score
24
Yield
6.0%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-W13869630
Beds-5
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 99.78 ft
Listed on site-Oct 5, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,488.75 (2025)
Parking-5 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30 Days/Flexible
Neighbourhood-Mountainside
Title-Residential Freehold

No agent assigned

Welcome to your dream home! This beautifully renovated 1.5-storey detached house-on a quiet,tree-lined street in the heart of the sought-after Mountainside community.Perfect haven for families!Step into your private fully fenced & spacious backyard-mature trees offering plenty of shade,expansive interlock patio ideal for summer BBQs, entertaining, or simply relaxing in nature.Large storage shed-plenty of room for tools,bikes, & gardening gear.The oversized 1.5-car garage provides ample space for your vehicle & more.large & spacious driveway offering 5 car parking spots.Step inside to a beautifully updated open-concept main floor that blends modern design with everyday comfort. Stunning kitchen with sleek stainless steel appliances,striking quartz countertops & backsplash,stylish & elegant ceramic tile flooring.all illuminated by modern & bright pot lights.The kitchen flows effortlessly into a spacious living/dining area w/warm laminate flooring.perfect space for entertaining guests or relaxing with family.Main level features a spacious bedroom and a beautifully updated 4-pc bath w/quartz vanity and stylish ceramic tiles. Ideal for guests or main-floor living.Upstairs,you'll find two generously sized bedrooms with large closets,sunlit windows, & laminate flooring.Private rear entrance leads to the fully finished basement in-law suite-exceptional versatility for growing families or multigenerational living. This recently renovated space offers two generously sized bedrooms w/ large windows,full kitchen w/quartz countertop, beautifully renovated 3-piece bathroom with sleek tiled glass shower, & dedicated laundry room.Situated in Burlington-1 of Ontario's premier cities-Close to parks, shopping centres, schools, public transit options, hospital, among other amenities. A short drive to Burlington's beautiful waterfront w/sandy beaches, trails, parks & more. Embrace this opportunity to own a remarkable property that perfectly marries contemporary living & timeless appeal!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$671,920
Land Transfer Taxes$13,273
Legal Fees (Est.)
$
Total cash required for closing$182,753

Total Monthly Obligation

$4,137/mo
Mortgage $3,388
Monthly Loss $3,245
Principal$892
Interest$2,496
Property Tax$374
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.2%5
5-Year IRR
13.9%64
10-Year IRR
13.6%
Returns Index
33.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$50,760/yr
NOI
$36,695/yr
Net Cash Flow
-$330/mo
Cash Margin
-7.8%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
24.8/ 100

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

Comparables

Properties near 2343 Mountainside Drive

Time

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