5010 Corporate Drive 237, Burlington

$454,900
5010 Corporate Drive 237

$454,900

New
10d
Condo Apartment1 Storey/Apt

5010 Corporate Drive 237, Burlington

Total Monthly Obligation $2,846

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
10d
Score
19
Yield
6.0%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-W14031676
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 13, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-11-15
Taxes-$3,672.48 (2026)
Maintenance-$505/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-TBA/Flexible
Neighbourhood-Uptown
Title-Residential Condo & Other

No agent assigned

The best price in the Neighbourhood for this gorgeous unit! Welcome to this charming four-storey condominium, beautifully distinguished by its inviting Arts & Crafts-inspired architecture. This thoughtfully designed one-bedroom plus den residence offers 709 sq. ft. of comfortable, stylish living space. The bright open-concept layout features laminate flooring throughout and a well-appointed kitchen with granite countertops and built-in stainless-steel appliances-ideal for both everyday living and entertaining. The spacious four-piece bathroom includes a separate shower, while the sunny 45 sq. ft. balcony offers a private outdoor retreat for morning coffee or evening relaxation. Enjoy year-round comfort with thermal heating and cooling included in the maintenance fee. Residents also benefit from attractive building amenities, one underground parking space, and a conveniently located locker on the same floor. Warm, welcoming, and effortlessly convenient, this residence offers an exceptional lifestyle in a beautifully designed condominium setting.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$363,920
Land Transfer Taxes$5,573
Legal Fees (Est.)
$
Total cash required for closing$98,053

Total Monthly Obligation

$2,846/mo
Mortgage $1,835
Monthly Loss $2,363
Principal$483
Interest$1,352
Property Tax$306
Condo Fees$505
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,504/yr
NOI
$12,621/yr
Net Cash Flow
-$783/mo
Cash Margin
-34.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.3/ 100

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

Comparables

Properties near 5010 Corporate Drive 237

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.