For Sale · Multifamily

296 KENT CRESCENT, Burlington (Appleby)

296 KENT CRESCENT, Burlington (Appleby), ON L7L4T1

$2.2M total

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

90%

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.20M
Down payment30% · $660K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 296 KENT CRESCENT, Burlington (Appleby).

NDA required
  • 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.