3480 Upper Middle Road 4, Burlington

$714,999
3480 Upper Middle Road 4

$714,999

New
8d
Condo Townhouse3-Storey

3480 Upper Middle Road 4, Burlington

Total Monthly Obligation $3,811

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
17
Yield
4.8%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Townhouse
MLS® Number-W14084626
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$3,502.72 (2026)
Maintenance-$435.37/mo
Locker-None
Parking-1 - Built-In
Basement-Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX MILLENNIUM REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Brick
Possession-t.b.a
Neighbourhood-Palmer
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully renovated 2+1 bedroom townhome in Burlington's sought-after Tuck's Forest community. Featuring approximately $70,000 in renovations, this move-in-ready home offers a bright, modern interior with a spacious open-concept living and dining area that walks out to a private balcony. The updated eat-in kitchen is complete with stainless steel appliances and a charming bay window that fills the space with natural light.The finished lower level offers a versatile family room or third bedroom, a 3-piece bathroom, and a walkout to a fully fenced backyard-perfect for relaxing or entertaining. Upstairs, you'll find two generous bedrooms and the convenience of a full-size washer and dryer on the bedroom level. Additional highlights include interior garage access, a furnace and walk out to back yard family room! A/C (2020), updated finishes throughout, and a prime location close to parks, schools, shopping, transit, and major highways. all windows and doors changed (2026).

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$571,999
Land Transfer Taxes$10,775
Legal Fees (Est.)
$
Total cash required for closing$155,275

Total Monthly Obligation

$3,811/mo
Mortgage $2,884
Monthly Loss $3,052
Principal$759
Interest$2,125
Property Tax$292
Condo Fees$435
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%23
10-Year IRR
9.0%
Returns Index
12.7/ 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
$34,020/yr
NOI
$19,491/yr
Net Cash Flow
-$1,260/mo
Cash Margin
-44.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.7/ 100

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

Comparables

Properties near 3480 Upper Middle Road 4

Time

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Data last updated within the past 24 hours.