LiveMLS 40859331Buy & hold

648-654 FRANCIS Road · Fourplex

Burlington, ON · Fourplex · 4 units

$1,989,000listed

Workable offer

RentCapPrice/door

Locked, not loading — the underwrite opens with a trial or an account.

Score

DSCR

Cash to close

All-in with reserves

Sign in for the underwriteA licensed broker reads it and replies by email, usually within a business day.View on Realtor.ca

What this listing is

648-654 FRANCIS Road is a 4-unit fourplex in Burlington, ON, asking $1,989,000 — $497,250 per door.

At 4 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Asking price: $1,989,000
Units: 4 units
Property type: Fourplex
Location: Burlington, ON
Price per door: $497,250

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.