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$837,990

Mile and Creek Condos - 773 Whitlock Ave - c408_c3db_phase_2 - Milton, ON, L9E 1S5

MLS® # PB1096-C408_C3DB_PHASE_2

3.5 Beds

2 Baths

984 sqft

Property Features:

  • Bedrooms: 3.5
  • Bathrooms: 2.0
  • Floor Space (approx): 984

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

82.9%

Cumulative Market Appreciation

$231,521

Net Operating Income in Year 5

$26,317

Cash on Cash Return in Year 5

-7.0%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$167,598
Mortgage Amount $670,392
Mortgage Payment
%
$3,478

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,863
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,104
Net Operating Income $1,759
Debt Service
Mortgage Payment $3,478
Net Cash Flow -$1,719

Acquistion Costs

Deposit $125,696
Land Transfer Tax $13,234
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $41,902
Total Acquisition Costs $197,332

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $36,899
Deposit @ 120 days $20,949
Deposit @ 240 days $20,949
Due on Occupancy $41,899
Total Deposit $125,696
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $125,696 - - - - - - - - -
Closing Costs - $71,636 - - - - - - - -
Mortgage Paydown - $10,430$10,931$11,457$12,008$12,585$13,190$13,824$14,488$15,184
Total $125,696$82,066$10,931$11,457$12,008$12,585$13,190$13,824$14,488$15,184
Cash Invested $125,696$207,762$218,694$230,151$242,159$254,745$267,935$281,759$296,247$311,432
Rental Cash Flows
Rent and other income - $34,361$35,838$37,379$38,987$40,663$42,412$44,235$46,138$48,122
Operating Expenses - -$13,253-$13,591-$13,939-$14,298-$14,667-$15,047-$15,439-$15,842-$16,257
Mortgage Payment - -$41,740-$41,740-$41,740-$41,740-$41,740-$41,740-$41,740-$41,740-$41,740
Net Cash Flow - -$20,632-$19,493-$18,300-$17,051-$15,744-$14,376-$12,943-$11,444-$9,876
Returns
Property Price Appreciation $41,899$43,994$46,194$48,503$50,929$53,475$56,149$58,956$61,904$64,999
Mortgage Paydown - $10,430$10,931$11,457$12,008$12,585$13,190$13,824$14,488$15,184
Net Cash Flow - -$20,632-$19,493-$18,300-$17,051-$15,744-$14,376-$12,943-$11,444-$9,876
Total Return $41,899$33,792$37,632$41,660$45,885$50,316$54,963$59,836$64,948$70,308
Cumulative Return $41,899$75,692$113,324$154,985$200,870$251,186$306,149$365,986$430,934$501,243
Investment Metrics
Cumulative ROI 33.3% 36.4% 51.8% 67.3% 82.9% 98.6% 114.3% 129.9% 145.5% 160.9%
Cash On Cash - -9.9% -8.9% -8.0% -7.0% -6.2% -5.4% -4.6% -3.9% -3.2%

Location of c408_c3db_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Demographic Information of c408_c3db_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$137,200.00

Average Number of Children

2.00

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.28 %

High school certificate or equivalent

18.96 %

Apprenticeship trade certificate/diploma

1.98 %

College/non-university certificate

16.36 %

University certificate (below bachelor)

2.6 %

University Degree

48.81 %

Commuter

Travel To Work

By Car

91.85 %

By Public Transit

4.07 %

By Walking

1.57 %

By Bicycle

0.0 %

By Other Methods

2.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.72 %

Houses

97.28 %

Own Vs. Rent