2453 Scholars Common Lane, Burlington

$829,000
2453 Scholars Common Lane

$829,000

New
2d
Att/Row/Townhouse3-Storey

2453 Scholars Common Lane, Burlington

Total Monthly Obligation $4,100

Beds
3
Baths
2
Park
1
Sqft
1500-2000
DOM
2d
Score
20
Yield
5.1%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Att/Row/Townhouse
MLS® Number-W14102450
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-15.81 × 71.39 ft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,568.77 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mountainside
Title-Residential Freehold

No agent assigned

Welcome to 2453 Scholars Common Lane, Burlington! This stylish 3-storey townhouse offers the perfect blend of modern comfort, functionality and indoor-outdoor living in a desirable, family-friendly neighbourhood. Featuring 2+1 bedrooms, 2 full bathrooms, 9-ft ceilings, pot lights and beautiful hardwood flooring, this home boasts a bright, open floor plan ideal for everyday living and entertaining. The spacious kitchen flows seamlessly into the dining and living areas, creating an inviting space to gather with family and friends. The updated kitchen features quartz countertops, newer stainless steel appliances, ample cabinetry, generous counter space and a peninsula with a built-in sink and seating for three-perfect for casual dining and entertaining. The living room offers beautiful hardwood flooring and access to a Juliet balcony, filling the space with natural light. A versatile den provides the perfect opportunity for a home office, guest room or additional living space. Step outside to the private backyard, complete with garden space and a patio, ideal for summer barbecues and outdoor enjoyment. The private rooftop terrace is a standout feature, offering the perfect retreat for morning coffee, entertaining guests or unwinding under the stars. Conveniently located close to schools, parks, shopping, public transit, GO Transit and major highways, this home offers an exceptional lifestyle in a sought-after Burlington location. A must-see opportunity!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$663,200
Land Transfer Taxes$13,055
Legal Fees (Est.)
$
Total cash required for closing$180,355

Total Monthly Obligation

$4,100/mo
Mortgage $3,344
Monthly Loss $3,220
Principal$880
Interest$2,464
Property Tax$381
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%41
10-Year IRR
11.1%
Returns Index
21.4/ 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
$42,408/yr
NOI
$29,098/yr
Net Cash Flow
-$919/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
22.1/ 100

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

Comparables

Properties near 2453 Scholars Common Lane

Time

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Data last updated within the past 24 hours.