976 Shadeland Avenue 3, Burlington

$1,695,000
976 Shadeland Avenue 3

$1,695,000

New
15d
DetachedBungaloft

976 Shadeland Avenue 3, Burlington

Total Monthly Obligation $8,117

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
15d
Score
14
Yield
2.9%
Cash on Cash
-11.8%
Cap Rate
2.0%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-W13875020
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-66 × 98.75 ft
Listed on site-Oct 8, 2026
Style-Bungaloft
Building Type-Detached
Taxes-$10,863.51 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stone, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-LaSalle
Title-Residential Freehold

No agent assigned

This STUNNING renovated, detached BUNGALOFT sits in a quiet enclave in Aldershot. Featuring 3+2 bedrooms, 3.5 bathrooms, over 2400 square feet PLUS a fully finished lower level and a DOUBLE car garage! The home features quality designer finishes and fixtures throughout. The open concept floor plan boasts vaulted ceilings, hardwood flooring and plenty of natural light. The large foyer opens to the dramatic, oversized dining room with 14' ceilings. The incredible kitchen features custom cabinetry, a large accent island, granite counters and top-quality appliances. The kitchen flows directly to the large 2-storey family room which includes custom built-ins, a gas fireplace, in-wall speakers and two sets of french doors leading to the private backyard. The large primary bedroom has a walk-in closet and a spa-like 4-piece ensuite with heated flooring. The main level also includes a separate powder room and garage access! The 2nd level includes 2 spacious bedrooms, a beautiful 4-piece bathroom and laundry room. The professionally finished lower level features 9 ft ceilings, radiant in-floor heat flooring throughout, 2 bedrooms AND a den, a 3-piece bathroom, large rec room / media room and plenty of storage space! The exterior of the home has been extensively landscaped and features a private low maintenance backyard with a large deck and turf! Amazing location- close to all amenities and transportation!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,356,000
Land Transfer Taxes$30,375
Legal Fees (Est.)
$
Total cash required for closing$370,875

Total Monthly Obligation

$8,117/mo
Mortgage $6,837
Monthly Loss $6,318
Principal$1,799
Interest$5,038
Property Tax$905
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.7%0
5-Year IRR
4.0%8
10-Year IRR
6.0%
Returns Index
5.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$48,540/yr
NOI
$28,322/yr
Net Cash Flow
-$4,477/mo
Cash Margin
-110.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.3/ 100

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

Comparables

Properties near 976 Shadeland Avenue 3

Time

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