2110 Cleaver Avenue 218, Burlington

$599,800
2110 Cleaver Avenue 218

$599,800

New
15d
Condo TownhouseStacked Townhouse

2110 Cleaver Avenue 218, Burlington

Total Monthly Obligation $3,306

Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
15d
Score
23
Yield
6.5%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Townhouse
MLS® Number-W13877434
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$2,963 (2026)
Maintenance-$439.65/mo
Locker-Owned
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc., Brokerage
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick Front
Possession-flexible
Neighbourhood-Headon
Title-Residential Condo & Other

No agent assigned

Stunning, modern, fully renovated 2 bedroom, 2 bathroom townhome, backing onto a lush treed ravine in highly sought after Headon Forest! This turn-key property offers 1280 sqft of functional open concept space. Large windows & skylights bathe the home in natural light, while surrounding trees & gardens provide serene views of nature. The main level offers features buyers will love, including solid maple hardwood floors, smooth ceilings, pot lights, and a high-end custom kitchen with quartz counters, a herringbone-style backsplash, wooden accent shelves & stainless steel appliances. This level is further highlighted by a beautiful built-in server/bar (matching the kitchen cabinets) in the dining room, a cozy gas fireplace and soaring vaulted ceiling in the living room. Double sliding doors provide light and a walkout to the scenic balcony where you can enjoy a morning coffee or a quiet afternoon with a good book. Practical features on this level include a 2 piece bathroom & coat closet. Another showpiece is the hardwood staircase leading to the second level. Here you will find a large open air primary bedroom, with a double closet and laundry with a barn door enclosure right outside the room. The second bedroom is a charming space that currently serves as a delightful nursery but could easily accommodate a full bed or act as an office space for working from home. Both bedrooms share an exquisite, luxury bathroom featuring a sleek transition-free entry into the large glass shower stall, a custom vanity with a natural wood countertop and perfectly selected fixtures. This home comes with 2 tandem parking spaces and a large storage locker (perfect for bikes, seasonal decor and winter tires). The complex is meticulously maintained, offering plenty of visitor parking. With easy access to schools, shopping, restaurants, coffee shops, walking trails and highways, you will find this property offers the best combination of luxury, peace and convenience!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$479,840
Land Transfer Taxes$8,471
Legal Fees (Est.)
$
Total cash required for closing$129,931

Total Monthly Obligation

$3,306/mo
Mortgage $2,419
Monthly Loss $2,669
Principal$637
Interest$1,783
Property Tax$247
Condo Fees$440
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.8%3
5-Year IRR
12.8%56
10-Year IRR
12.8%
Returns Index
28.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$38,700/yr
NOI
$24,191/yr
Net Cash Flow
-$403/mo
Cash Margin
-12.5%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
27.3/ 100

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

Comparables

Properties near 2110 Cleaver Avenue 218

Time

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