Hassan Nouman
648-654 Francis Road S, Burlington, ON L7T 3X7, Burlington, ON
+7 photos
$1,989,000

648-654 Francis Road S, Burlington, ON L7T 3X7, Burlington, ON

Burlington, ON L7T 3X7
12 beds 8 baths Fourplex

About this home

An Incredible opportunity to own an exceptionally well-maintained four (4)-plex townhouse property backing onto a scenic bike and walking trail in the desirable Aldershot North Shore Rd neighbourhood. Proudly owned by the same owner for over 30 years, this quadplex features four identical units, each offering 3 bedrooms, 1.5 bathrooms, a private yard, full basement, and spacious kitchen, dining, and living areas. Fully tenanted on a month-to-month basis, the property has been meticulously cared for and updated over the years, including newer roof, windows, furnaces, central air conditioners, and updated kitchens and bathrooms. Parking for up to 8 vehicles is available at the rear of the building. Please note that not all units may be available for showings-refer to virtual tour, photos, and floor plans where possible. Tenants pay their own gas and hydro with separate meters. Excellent tenants in place who pay on time. Prime location with easy access to major routes (QEW/403/407 and GO Station), and within walking distance to downtown Burlington, the lakefront, beach, hospital, and surrounded by peaceful greenspace.

Property Score

41/ 100
Overall Property Score
fair

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
62/100good
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
174% of city avgpoor
Priced above Burlington's average of $1,145,000.
Appreciation Trend
+2.8%/yrgreat
Burlington has seen +2.8% YoY price change.
Monthly Cash Flow
-$9,195/mopoor
Estimated -$9,195/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
0.06%poor
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # W13039574
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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