LiveMLS W13247708Buy & hold

2014 EDINBURGH DRIVE · Multi-family

Burlington, ON · Multi-family · 3 units

$2,099,999listed

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

2014 EDINBURGH DRIVE is a 3-unit multi-family in Burlington, ON, asking $2,099,999 — $700,000 per door.

At 3 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: $2,099,999
Units: 3 units
Property type: Multi-family
Location: Burlington, ON
Price per door: $700,000

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.