2007 James Street 2201, Burlington

$2,099,999
2007 James Street 2201

$2,099,999

Price Change
16d
Condo ApartmentApartment

2007 James Street 2201, Burlington

Total Monthly Obligation $10,419

Beds
3
Baths
2
Park
2
Sqft
1800-1999
DOM
16d
Score
18
Yield
5.0%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-W13878542
Beds-3
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$1,748.53/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-THE AGENCY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-Flexible
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Rare Top-Floor Penthouse in the Heart of Downtown Burlington! Previously held by the builder and finished to an exceptional standard, this 1,986 sq. ft. corner residence at Gallery Condominiums offers completely unobstructed panoramic views with spectacular sunrises and sunsets over Lake Ontario, the Toronto skyline and Niagara Escarpment. Offering 3 bedrooms + den and 2 bathrooms, the suite is wrapped in floor-to-ceiling windows, filling the home with natural light. Motorized bottom-up blinds in the main living area and master bedroom provide privacy while preserving the views. The open-concept living and dining space flows into a beautifully appointed kitchen featuring premium appliances, extended-height cabinetry, pantry storage, quartz countertops and backsplash, and an oversized curved island with fluted detailing. A built-in bar/coffee station and versatile den/office add function and style. The private primary suite features 2 closets and a spa-inspired 4-piece ensuite with heated floors, double floating vanity, oversized shower and water closet. Two additional bedrooms, a stylish 3-piece bath and full-size laundry room with custom cabinetry, quartz counters, sink and additional storage complete the interior. Enjoy the expansive private terrace with gas hookup and water tap, 2 side-by-side EV-ready parking spaces and a storage locker. Exceptional amenities include 24-hour concierge, indoor lap pool, fitness and yoga studios, rooftop lounge with fire pit and BBQs, party/games rooms, guest suites and pet wash station. A rare opportunity for nearly 2,000 sq. ft. of top-floor luxury in the heart of Downtown Burlington.

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

Closing Costs

Mortgage Amount
$1,679,999
Land Transfer Taxes$38,975
Legal Fees (Est.)
$
Total cash required for closing$460,475

Total Monthly Obligation

$10,419/mo
Mortgage $8,471
Monthly Loss $8,190
Principal$2,229
Interest$6,242
Condo Fees$1,749
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$105,792/yr
NOI
$71,830/yr
Net Cash Flow
-$2,485/mo
Cash Margin
-28.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
14.8/ 100

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

Comparables

Properties near 2007 James Street 2201

Time

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