2038 Chrisdon Road, Burlington

$1,149,000
2038 Chrisdon Road

$1,149,000

New
16d
Detached2-Storey

2038 Chrisdon Road, Burlington

Total Monthly Obligation $5,485

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
16d
Score
16
Yield
3.9%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-W13874252
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-32.81 × 108.27 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,705.87 (2026)
Parking-3 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Headon
Title-Residential Freehold

No agent assigned

Open house Saturday October 10th, 2-4pm. Beautiful 3+1-Bedroom Home in Sought-After Headon Forest!Located on a quiet, family-friendly street, this beautifully updated home offers style, comfort, and modern finishes throughout. The main floor features a completely customized layout with a chef's kitchen showcasing quartz countertops, stainless steel appliances, a centre island, pot lights, smooth ceilings, and a walk-out to a private deck.The upper level features hardwood flooring on the stairs and throughout the second level (2024), a spacious primary retreat with a spa-inspired ensuite, two additional generously sized bedrooms, and an updated main bathroom. The professionally finished basement offers an oversized recreation room and a fourth bedroom, ideal for guests, a home office, or additional living space.Extensive updates include renovated bathrooms with new vanities and toilets, a new roof (2023), new A/C unit (2024), new garage door, and new asphalt driveway (2025). The furnace was inspected in October 2026. City of Burlington electrical and HVAC paperwork are available from October 2026.Inclusions: Stainless steel fridge, stove, dishwasher and range hood, front-load washer and dryer, upgraded window treatments, and all light fixtures.A beautifully updated, move-in-ready home offering modern finishes, valuable improvements, and comfortable family living in desirable Headon Forest.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$919,200
Land Transfer Taxes$19,455
Legal Fees (Est.)
$
Total cash required for closing$250,755

Total Monthly Obligation

$5,485/mo
Mortgage $4,635
Monthly Loss $4,266
Principal$1,220
Interest$3,415
Property Tax$475
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.5%21
10-Year IRR
8.6%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$45,072/yr
NOI
$30,359/yr
Net Cash Flow
-$2,105/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
17.0/ 100

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

Comparables

Properties near 2038 Chrisdon Road

Time

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