$1,989,000
648-654 FRANCIS Road
Beds
12
Baths
8
Sqft
—
Year
1969
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burlington. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- 303 - Aldershot South
- Common interest
- Freehold
- Living area
- 6,380 square feet
- Parking
- 8 total
- Stories
- 2
- On market
- Apr 24, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $9,599.36
- Zoning
- RM2
- Photos
- 33
- MLS#
- 40823434
- Area
- BURLINGTON
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.30%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,148
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.