5555 Prince William Drive 21, Burlington

$649,777
5555 Prince William Drive 21

$649,777

New
7d
Condo Townhouse2-Storey

5555 Prince William Drive 21, Burlington

Total Monthly Obligation $3,379

Beds
3
Baths
3
Park
1
Sqft
1400-1599
DOM
7d
Score
21
Yield
6.1%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.3%
Property Type-Condo Townhouse
MLS® Number-W14088440
Beds-3
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$4,386 (2026)
Maintenance-$192.25/mo
Locker-None
Parking-2 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP QUANTUM REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-flexible
Neighbourhood-Appleby
Title-Residential Condo & Other

No agent assigned

Wow! Only $649,777 for a spacious 1580 (above-ground) sqft condo townhouse with the essential 2 full bathrooms on the 2nd floor. That's right! It's the real price! Which brings me to the top 7 reasons to buy this home! 1. Size matters! There is a huge difference between a 1250 sqft townhouse and a 1500+ sqft townhouse, especially felt in the size of the kitchen, and main living space. Why settle for a cramped, tiny townhouse when you can have over 2000 sqft of finished living space! 2. Very desirable location: The backbone of any neighbourhood are the schools, and you can't find a stronger duo than Frontenac Elementary ranked 90th percentile in ON, and Nelson Secondary ranked 91st. It only gets better when you look at all the next-door plazas have to offer, plus being next to the long centennial bikeway, plus Sherwood Park next-door, plus 5 min drive to Appleby GO, plus 2 min to QEW, plus plus plus! 3. Amazing Value! You can't argue with the value for money, and with such strong size and location fundamentals you can be sure everything you do with this property is a sound investment. 4. Finished basement: A basement office and rec room are now essential features especially when you have a door to the basement to get privacy/quiet when you need it; plus lots of storage! 5. Two Full Bathrooms means a private ensuite bathroom for the primary bedroom and a separate full bathroom for the 2nd/3rd bedrooms. 6. Fenced in backyard: Many condo townhouses just don't give you that privacy in the backyard which is a dealbreaker when it comes to securing pets and children. 7. Well maintained: Roof 2024, AC 2025, and Garage door 2021. Plus the peace of mind you get with a 1998 which was an excellent build year featuring the dry basements you get with a poured concrete foundation, more modern energy efficiency, reliable copper wiring, and sound copper plumbing. Book your showing today before it's gone!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$534,377($14,555 CMHC)
Land Transfer Taxes$9,471
Legal Fees (Est.)
$
Total cash required for closing$140,926

Total Monthly Obligation

$3,452/mo
Mortgage $2,694
Monthly Loss $2,743
Principal$709
Interest$1,985
Property Tax$366
Condo Fees$192
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-4.0%3
5-Year IRR
11.4%45
10-Year IRR
12.3%
Returns Index
24.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$39,828/yr
NOI
$26,752/yr
Net Cash Flow
-$465/mo
Cash Margin
-14.0%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
82.2%14
Vacancy Buffer
2.8 mo45
Risk Index
24.9/ 100

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

Comparables

Properties near 5555 Prince William Drive 21

Time

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Data last updated within the past 24 hours.