430 Pearl Street 403, Burlington

$889,000
430 Pearl Street 403

$889,000

New
3d
Condo Apartment1 Storey/Apt

430 Pearl Street 403, Burlington

Total Monthly Obligation $5,429

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
3d
Score
20
Yield
6.8%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-W14102400
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$4,868 (2025)
Maintenance-$1,237.13/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE STATE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick, Stone
Roof-Tar and Gravel
Foundation-Concrete
Possession-Flexible
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Welcome to The Residences of Village Square! This gorgeous condominium is located in the downtown core of Burlington. Enjoy this beautiful corner unit just steps away from the waterfront, Spencer Smith Park, cafes, restaurants and many other amenities. This spacious 1475sq. feet corner unit features 2 bedrooms plus a den and 2 full bathrooms, offering an ideal layout for comfortable living and an ideal for working at home. The inviting open-concept design showcases gorgeous engineered hardwood flooring and a cozy gas fireplace. The kitchen features granite countertops, ample cabinetry and a bright breakfast nook, creating the perfect space for everyday living and entertaining. Enjoy the east-facing terrace spanning the fullwidth of the unit-ideal for enjoying your morning coffee or hosting friends on a summer evening. The spacious primary bedroom offers a walk-in closet with custom organizers and a luxurious ensuite featuring a double vanity, walk-in shower, and a corner tub. The second bedroom provides direct access to the terrace, while the bathroom adds to the suite's appeal. Experience the best of Burlington's waterfront lifestyle, with the Pier, Burlington Art Centre, Spencer Smith Park, and the lakefront trail just minutes away. Convenient access to GO Transit, major highways, and everyday amenities makes this an exceptional place to call home.

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

Closing Costs

Mortgage Amount
$711,200
Land Transfer Taxes$14,255
Legal Fees (Est.)
$
Total cash required for closing$193,555

Total Monthly Obligation

$5,429/mo
Mortgage $3,586
Monthly Loss $4,485
Principal$944
Interest$2,642
Property Tax$406
Condo Fees$1,237
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%24
Cash-on-Cash
-5.6%2
5-Year IRR
11.4%46
10-Year IRR
11.9%
Returns Index
23.8/ 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
$60,576/yr
NOI
$32,405/yr
Net Cash Flow
-$886/mo
Cash Margin
-17.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
19.1/ 100

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

Comparables

Properties near 430 Pearl Street 403

Time

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