2088 James Street 907, Burlington

$571,673
2088 James Street 907

$571,673

New
8d
Condo ApartmentApartment

2088 James Street 907, Burlington

Total Monthly Obligation $3,104

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
8d
Score
20
Yield
5.4%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-W14081714
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$598.47/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-HARLOWE REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-45-60 Days
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Brand-New Jr. 2-Bed Suite by Mattamy Homes at Martha James Condos! Move-in ready withunobstructed south-facing views, including a stunning vista of Lake Ontario, and bright naturallight throughout the day. 647 sq. ft. of interior living plus a 52 sq. ft. balcony (699 sq. ft.total), with 2 full bathrooms including a private ensuite. The open-concept kitchen, living,and dining area flows directly to the balcony, so you can enjoy the lake view from the livingspace. The bedroom and a separate den with a sliding glass door give you flexibility for a homeoffice, guest room, or nursery. Upgraded features include the Advantage Colour Package,upgraded bathrooms with frameless glass shower and Austin soaker tub, Align bath fixtures,upgraded interior doors, and in-suite laundry. 1 Parking included! Resort-style amenitiesinclude a panoramic rooftop deck, fully equipped gym, and stylized event spaces. Steps from thelakefront, local eateries, trails, and GO Transit.*The listing price incorporates an estimated amount for the temporary Ontario enhanced newhousing HST rebate. This pricing assumes that the rebate is fully enacted as anticipated andthat the purchaser meets all eligibility criteria. If the purchaser is not eligible, the rebatewill not apply and the purchaser may be responsible for a higher purchase price without thebenefit of the rebate.

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

Closing Costs

Mortgage Amount
$457,338
Land Transfer Taxes$7,908
Legal Fees (Est.)
$
Total cash required for closing$123,743

Total Monthly Obligation

$3,104/mo
Mortgage $2,306
Monthly Loss $2,498
Principal$607
Interest$1,699
Condo Fees$598
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.3%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$30,732/yr
NOI
$18,077/yr
Net Cash Flow
-$800/mo
Cash Margin
-31.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.2/ 100

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

Comparables

Properties near 2088 James Street 907

Time

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Data last updated within the past 24 hours.