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$876,990

Mile and Creek Condos - 773 Whitlock Ave - d512_d30a_phase_2 - Milton, ON, L9E 1S5

MLS® # PB1096-D512_D30A_PHASE_2

3.0 Beds

2 Baths

955 sqft

Property Features:

  • Bedrooms: 3.0
  • Bathrooms: 2.0
  • Floor Space (approx): 955

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

79.6%

Cumulative Market Appreciation

$242,296

Net Operating Income in Year 5

$25,332

Cash on Cash Return in Year 5

-7.8%

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
%
$175,398
Mortgage Amount $701,592
Mortgage Payment
%
$3,640

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,779
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,088
Net Operating Income $1,690
Debt Service
Mortgage Payment $3,640
Net Cash Flow -$1,949

Acquistion Costs

Deposit $131,546
Land Transfer Tax $14,014
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $43,852
Total Acquisition Costs $205,912

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $38,849
Deposit @ 120 days $21,924
Deposit @ 240 days $21,924
Due on Occupancy $43,849
Total Deposit $131,546
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $131,546 - - - - - - - - -
Closing Costs $74,366 - - - - - - - - -
Mortgage Paydown $890$10,958$11,485$12,037$12,616$13,222$13,858$14,524$15,222$15,953
Total $206,802$10,958$11,485$12,037$12,616$13,222$13,858$14,524$15,222$15,953
Cash Invested $206,802$217,761$229,246$241,284$253,900$267,122$280,980$295,504$310,727$326,680
Rental Cash Flows
Rent and other income $2,779$33,468$34,907$36,408$37,973$39,606$41,309$43,086$44,938$46,871
Operating Expenses -$1,088-$13,084-$13,417-$13,760-$14,113-$14,476-$14,850-$15,235-$15,632-$16,040
Mortgage Payment -$3,640-$43,683-$43,683-$43,683-$43,683-$43,683-$43,683-$43,683-$43,683-$43,683
Net Cash Flow -$1,949-$23,299-$22,193-$21,035-$19,822-$18,553-$17,223-$15,832-$14,376-$12,852
Returns
Property Price Appreciation $43,849$46,041$48,344$50,761$53,299$55,964$58,762$61,700$64,785$68,024
Mortgage Paydown $890$10,958$11,485$12,037$12,616$13,222$13,858$14,524$15,222$15,953
Net Cash Flow -$1,949-$23,299-$22,193-$21,035-$19,822-$18,553-$17,223-$15,832-$14,376-$12,852
Total Return $42,790$33,701$37,636$41,763$46,092$50,633$55,396$60,391$65,631$71,125
Cumulative Return $42,790$76,491$114,127$155,891$201,984$252,618$308,014$368,406$434,037$505,163
Investment Metrics
Cumulative ROI 20.7% 35.1% 49.8% 64.6% 79.6% 94.6% 109.6% 124.7% 139.7% 154.6%
Cash On Cash -0.9% -10.7% -9.7% -8.7% -7.8% -6.9% -6.1% -5.4% -4.6% -3.9%

Location of d512_d30a_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Demographic Information of d512_d30a_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