1401 PLAINS Road 42, Burlington

$769,900
1401 PLAINS Road 42

$769,900

New
15d
Condo Townhouse2-Storey

1401 PLAINS Road 42, Burlington

Total Monthly Obligation $3,887

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
15d
Score
17
Yield
4.4%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Townhouse
MLS® Number-W13876630
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$4,285 (2026)
Maintenance-$224/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Veneer, Concrete Block
Roof-Asphalt Shingle, Shingles
Foundation-Concrete Block
Possession-FLEXIBLE
Neighbourhood-Appleby
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully upgraded corner-unit townhome at 1401 Plains Road East, Unit 42, Burlington! Offering an exceptional combination of style, functionality and thoughtful custom finishes, this bright 2-bedroom home features 2 full ensuite bathrooms plus a convenient powder room and 1423 sq. ft. of living space. The custom-designed kitchen is a true showstopper, featuring shaker-style cabinetry, an island with electrical outlets, granite and stone countertops with undermount sink, ceramic flooring, a timeless white subway-tile backsplash, a convenient Lazy Susan and custom cabinet pull-outs, including additional storage above the refrigerator. The kitchen opens onto a private deck has sliding glass doors and blinds, perfect for morning coffee or outdoor entertaining. Beautiful hardwood flooring, upgraded baseboards and wooden stairs with elegant wrought-iron railings add warmth and sophistication throughout the home. Custom built-in closet organizers provide exceptional storage and organization in the kitchen, bedrooms and family room. Both spacious bedrooms offer the luxury of their own full ensuite bathrooms, providing comfort and privacy. The bedrooms also feature custom closet organizers, while California shutters throughout add timeless style and light control. The upper-level laundry is ideally located near the bedrooms for maximum convenience. The lower level offers a comfortable family room with a walk-out to a grassy outdoor area, providing additional living space and easy access to the outdoors. Additional upgrades include 1.5-ton central air-conditioning system. This desirable corner unit offers abundant natural light, exceptional storage and an impressive list of custom upgrades, all in a convenient Burlington location close to shopping, restaurants, parks, schools, transit and major highways. Beautifully finished, thoughtfully upgraded and move-in ready-this exceptional townhome is one you won't want to miss!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$615,920
Land Transfer Taxes$11,873
Legal Fees (Est.)
$
Total cash required for closing$167,353

Total Monthly Obligation

$3,887/mo
Mortgage $3,106
Monthly Loss $3,069
Principal$817
Interest$2,288
Property Tax$357
Condo Fees$224
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.9%22
10-Year IRR
8.9%
Returns Index
12.5/ 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
$33,708/yr
NOI
$20,964/yr
Net Cash Flow
-$1,359/mo
Cash Margin
-48.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.4/ 100

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

Comparables

Properties near 1401 PLAINS Road 42

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.