2054 Courtland Drive 404, Burlington

$354,900
2054 Courtland Drive 404

$354,900

New
16d
Condo Apartment1 Storey/Apt

2054 Courtland Drive 404, Burlington

Total Monthly Obligation $2,412

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
16d
Score
25
Yield
8.3%
Cash on Cash
2.8%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.5%
Property Type-Condo Apartment
MLS® Number-W13870796
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 7, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-51-99
Taxes-$1,858 (2026)
Maintenance-$625.54/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Veneer
Roof-Flat
Possession-Immediate
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Sold "As Is, Where Is" basis. Seller makes no representations and/or warranties. Some photos are virtually staged.

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

Closing Costs

Mortgage Amount
$283,920
Land Transfer Taxes$3,799
Legal Fees (Est.)
$
Total cash required for closing$76,279

Total Monthly Obligation

$2,412/mo
Mortgage $1,432
Monthly Loss $2,035
Principal$377
Interest$1,055
Property Tax$155
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.3%60
10-Year IRR
13.4%
Returns Index
30.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$29,280/yr
NOI
$14,588/yr
Net Cash Flow
-$216/mo
Cash Margin
-8.9%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
34.4/ 100

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

Comparables

Properties near 2054 Courtland Drive 404

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.