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Investment signal

$1,199,999

1012 NORTH SHORE BOULEVARD E

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burlington (LaSalle). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Exceptional investment opportunity or ideal setup for multi-generational living on a massive lot in a prime North Shore Boulevard location. This versatile duplex features two self-contained units, making it perfect for investors or extended family living. The fully renovated ground-floor unit (2026) offers 3 spacious bedrooms and 1 bathroom with modern finishes throughout. The second-floor unit features 2 bedrooms and 1 bathroom, providing great potential for additional rental income or comfortable living space. A rare opportunity to own a property with incredible flexibility in one of Burlington's most desirable areas, just minutes from Spencer Smith Park, Joseph Brant Hospital, downtown Burlington restaurants and shops, scenic walking and biking trails, and quick access to the QEW. Come see the amazing potential this property has to offer, before it's too late! (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: LaSalle
Lot dimensions: 65 x 125 FT
Bedrooms: 5 above grade
Parking: 6 total
Stories: 2
Fireplace: Yes
On market: Mar 31, 2026
Status changed: Apr 21, 2026
Annual tax: $6,888.58
Zoning: R2.1
Photos: 50
MLS#: W12940140
Area: BURLINGTON_(LASALLE)

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorStoveDryerHood FanWindow Coverings

Heating

Not knownNot knownElectricNatural gas

Cooling

None

Exterior

Stucco

Foundation

Block

Negative cash flow ~$1,294/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$240,000

Loan amount$959,999

Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550

Insurance$80

Maintenance$1,000

CapEx reserve$500

Vacancy loss$300

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,864/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.