1225 North Shore Boulevard E 510, Burlington

$595,000
1225 North Shore Boulevard E 510

$595,000

New
3d
Condo Apartment1 Storey/Apt

1225 North Shore Boulevard E 510, Burlington

Total Monthly Obligation $3,794

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
3d
Score
20
Yield
6.9%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-W14102980
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$3,350 (2026)
Maintenance-$914.31/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-KELLER WILLIAMS EDGE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Brant
Title-Residential Condo & Other

No agent assigned

Welcome to The Sands, a sought-after condominium community near Burlington's waterfront, steps from Spencer Smith Park, Lake Ontario, Joseph Brant Hospital, trails, shopping, and dining. This bright 1,161 sq. ft. corner suite offers 2 bedrooms, 2 bathrooms, and beautiful lake and escarpment views. A double-door entry opens to a spacious foyer and open-concept living and dining area, where floor-to-ceiling windows fill the space with natural light. Custom built-in cabinetry, an electric fireplace, wall-mounted TV, and ample storage add comfort and function. Enjoy the views from your private balcony. The kitchen features stainless steel appliances, including a fridge (2019) and stove with double oven, plus updated cabinetry, countertops, and backsplash. The generous primary bedroom includes a built-in armoire, walk-in closet, and ensuite. The second bedroom offers a Murphy bed and walk-in closet, ideal for guests or a home office. The renovated main bathroom features in-floor heating and extra storage. Additional highlights include crown moulding, in-suite laundry with washer and dryer (2019), an in-suite storage room, HVAC (2020), one underground parking space, and a private storage locker. Residents enjoy an outdoor pool, exercise room, games room, party room, sauna, car wash, BBQ area, visitor parking, and landscaped grounds. Condo fees include building insurance, common elements, exterior maintenance, parking, water, internet, and cable TV. Close to downtown Burlington, transit, and major highways, this is a wonderful opportunity for spacious, low-maintenance living near the lake. No pet building.

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

Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,794/mo
Mortgage $2,400
Monthly Loss $3,162
Principal$632
Interest$1,768
Property Tax$279
Condo Fees$914
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.7%2
5-Year IRR
10.6%39
10-Year IRR
11.2%
Returns Index
20.6/ 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
$41,004/yr
NOI
$20,182/yr
Net Cash Flow
-$718/mo
Cash Margin
-21.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.9/ 100

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

Comparables

Properties near 1225 North Shore Boulevard E 510

Time

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