Halton Region
Burlington Real Estate Investment Calculator
An established, largely owner-occupier market where investment inventory is limited and pricing is competitive.
Low-rise inventory is dominated by owner-occupier demand, which tends to price properties above what rental income alone supports.
Condominium and townhouse product is often the practical entry point for investors, making fees and rental rules central to underwriting.
Secondary suite feasibility depends on zoning and building conditions and must be confirmed with the City rather than assumed from a listing.
Burlington market data
Municipal benchmarks, shown with their source and vintage. They are the starting assumptions a first pass should use — not property-level facts.
Small multifamily purchase price
- Duplex
- $950,000$475,000/unit
- Triplex
- $1,150,000$383,333/unit
- Fourplex
- $1,380,000$345,000/unit
- Blended price per unit
- $401,111
Source: PropertyEdge compiled small-multifamily benchmark range, 2025. Medium confidence — verify against active listings and recent sales for the specific property type and condition.
Typical achievable rent
- Bachelor
- $1,350/mo
- 1 bedroom
- $1,700/mo
- 2 bedroom
- $2,050/mo
- 3 bedroom
- $2,450/mo
- Benchmark vacancy
- 1.5%
Source: CMHC Rental Market Survey (latest published municipal averages), 2025. Medium confidence.
Property tax
0.91%
About 0.34% below the provincial reference rate of 1.25% — on a $950,000 purchase that's roughly $3,278 less tax a year than a provincially average municipality.
Estimated annual tax at $950,000: $8,598
Source: Municipal published final residential tax rate, 2025. Tax is levied on assessed value, not purchase price — underwrite from the actual tax bill.
Land transfer tax at $950,000
- Ontario LTT
- $15,475
- Municipal LTT
- None
- Total at closing
- $15,475
Only the provincial land transfer tax applies in Burlington. First-time buyer rebates, where eligible, reduce the amount payable.
Calculated from the published Ontario Land Transfer Tax brackets. Confirm the final amount with your lawyer.
What changes your numbers here
Expect income to lag price
In owner-occupier markets, current yield is usually low. Be explicit about whether your thesis relies on appreciation.
Model the condo layer carefully
Fees, reserve fund and any leasing restrictions can decide whether a unit is investable at all.
Suite potential requires confirmation
Treat added-suite income as upside only after the City confirms permissions and requirements.
Legal units and secondary suites in Burlington — what to verify
This is a diligence checklist, not legal advice. Municipal rules change, and site-specific zoning overrides the general case. Confirm each item with the municipality before you underwrite a unit's income.
- Additional residential units are permitted in most low-density zones subject to zoning standards and permits
- Halton Region servicing capacity and development charges apply to added units
- Low rental supply means comps are thin — verify achievable rent with actual listings, not city averages alone
- Confirm Building Code separation, egress and parking for any existing lower-level unit
What a typical Burlington deal looks like
A duplex at the Burlington benchmark price, with one one-bedroom and one two-bedroom unit rented at the benchmark rents above. Every input is a benchmark, so treat the output as a first pass, not a valuation.
The math, line by line
- Purchase price: $950,000 (duplex benchmark)
- Gross rent: $1,700 + $2,050 per month = $45,000 a year
- Vacancy at 1.5%: −$675
- Property tax at 0.91%: −$8,598
- Insurance, utilities, repairs and management: −$10,800
- NOI: $24,927
- Cap rate: $24,927 ÷ $950,000 = 2.6%
- Financing: 20% down, 5.25% over 30 years → $4,197/mo = $50,361 a year
- DSCR: $24,927 ÷ $50,361 = 0.49×
- Annual cash flow: -$25,434
- Cash to close: $190,000 down + $18,975 land transfer tax and legal
How to read it
At benchmark rents the NOI does not cover debt service at all, so a purchase at this price in Burlington needs more down payment, higher rents or a lower price to be financeable.
Change any one of price, rent, tax or rate and the verdict moves. That's the whole point of underwriting the specific property rather than the market.
Run these numbers on a real Burlington property →Verify locally before you offer
- City of Burlington tax rate and assessment
- Condo fees, status certificate and leasing rules
- Zoning and secondary suite requirements
- Rental comps for the specific product type
- Insurance quote for the property
Submarkets investors watch
- Downtown Burlington
- Aldershot
- Roseland
- Alton Village
- Millcroft
Frequently asked — Burlington
What does a duplex cost in Burlington?
Our Burlington benchmark for duplex stock is $950,000, with triplexes around $1,150,000 and fourplexes around $1,380,000 — roughly $401,111 per unit. These are municipal benchmark ranges compiled from public sources, not a valuation of a specific property.
What rent can I expect in Burlington?
Typical achievable rents are about $1,700 for a one-bedroom, $2,050 for a two-bedroom and $2,450 for a three-bedroom, based on CMHC Rental Market Survey averages carried forward with the Statistics Canada Ontario rent CPI. Verify against live comparable listings before underwriting.
What is the property tax rate in Burlington?
Burlington publishes a residential rate of about 0.91%, versus a provincial reference of roughly 1.25%. Always underwrite from the actual tax bill or assessment, since assessed value and rate both matter.
How much land transfer tax will I pay in Burlington?
On a $950,000 purchase, Ontario land transfer tax is about $15,475. No municipal land transfer tax applies in Burlington. First-time buyer rebates may reduce this.
Can I add a legal second unit in Burlington?
Additional residential units are permitted in most low-density zones subject to zoning standards and permits. Treat every unit's income as unusable until zoning, permits and Fire Code separation are confirmed with the municipality.
Run a real Burlington underwriting file in minutes.
NOI, valuation, financing, risk register, stress tests and a maximum offer — with every assumption labelled sourced or estimated.
Other Ontario markets
PropertyEdge provides analysis and estimates for informational purposes only. It is not investment, tax, legal or appraisal advice, and no return or investment outcome is guaranteed. Estimates are modelled from the assumptions shown and must be verified against leases, inspections, tax bills and municipal records before you make an offer.