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648-654 FRANCIS ROAD S
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Beds
12
Baths
8 full + 4 half
Sqft
—
Year
—
Type
Multi-family
On market
46d
An Incredible opportunity to own an exceptionally well-maintained four (4)-plex townhouse property backing onto a scenic bike and walking trail in the desirable Aldershot North Shore Rd neighbourhood. Proudly owned by the same owner for over 30 years, this quadplex features four identical units, each offering 3 bedrooms, 1.5 bathrooms, a private yard, full basement, and spacious kitchen, dining, and living areas. Fully tenanted on a month-to-month basis, the property has been meticulously cared for and updated over the years, including newer roof, windows, furnaces, central air conditioners, and updated kitchens and bathrooms. Parking for up to 8 vehicles is available at the rear of the building. Please note that not all units may be available for showings-refer to virtual tour, photos, and floor plans where possible. Tenants pay their own gas and hydro with separate meters. Excellent tenants in place who pay on time. Prime location with easy access to major routes (QEW/403/407 and GO Station), and within walking distance to downtown Burlington, the lakefront, beach, hospital, and surrounded by peaceful greenspace. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 5.14 × 4.53 meters | |
| Laundry room | 2.11 × 2.95 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 5.1 × 4.17 meters | |
| Kitchen | 4.06 × 3.71 meters | |
| Partial bathroom | 1.69 × 1.16 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 4.33 × 3.1 meters | |
| Bedroom 2 | 3.41 × 3.55 meters | |
| Bedroom 3 | 3.21 × 2.74 meters | |
| Bathroom | 2.12 × 1.48 meters |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.64%
Cap rate
4.74%
GRM
13.9
Break-even rent
$12,148
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.