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$2.2M total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
90%
TWO HOMES IN ONE! The most unique opportunity on the market. Over 2,900 sqft of thoughtfully designed multi-generational living. What began as a traditional home has been completely transformed into something truly rare: two full, side-by-side living spaces, each with its own kitchen, living room, bedrooms, and finished basement. The main living areas on both sides are fully above grade, featuring large windows and beautiful finishes throughout. With a 30' x 20' rear addition, along with the excavation and finishing of both lower levels, created a layout that feels like two separate homes under one roof a truly intentional design for multi-generational living.Side One offers 4 bedrooms, 2 bathrooms, dramatic vaulted ceilings, and expansive principal rooms.Side Two features a bright and open 1+2 bedroom suite with its own kitchen, 3-piece bathroom, spacious living area, and private side entrance. Step outside and enjoy the large backyard with mature trees, an in-ground heated pool, and professional stonework landscaping, the perfect space for kids to play, grandparents to relax, and family gatherings to unfold year-round. Whether you're caring for aging parents, welcoming in-laws to lend a hand with little ones, or looking for the perfect shared setup with siblings or adult children, this home was built for togetherness, without compromise. Located on a quiet crescent in a mature, family-friendly neighbourhood, this property blends flexibility, function, and connection in a way few homes ever could. (id:66811)
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Monthly debt service
$10K
Projected NOI
$84K
Annual cash flow
$-38K
Cash-on-cash
-5.73%
DSCR
0.69
Going-in cap
3.82%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
118,540
Households
46,380
Median income
$88,500
Median age
40.9
Daytime population
146,414
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 296 KENT CRESCENT, Burlington (Appleby).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.