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$879,990

Mile and Creek Condos - 773 Whitlock Ave - d612_d30a_phase_2 - Milton, ON, L9E 1S5

MLS® # PB1096-D612_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

79.4%

Cumulative Market Appreciation

$243,125

Net Operating Income in Year 5

$25,319

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
%
$175,998
Mortgage Amount $703,992
Mortgage Payment
%
$3,652

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 $1,089
Net Operating Income $1,689
Debt Service
Mortgage Payment $3,652
Net Cash Flow -$1,962

Acquistion Costs

Deposit $131,996
Land Transfer Tax $14,074
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $44,002
Total Acquisition Costs $206,572

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $38,999
Deposit @ 120 days $21,999
Deposit @ 240 days $21,999
Due on Occupancy $43,999
Total Deposit $131,996
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $131,996 - - - - - - - - -
Closing Costs $74,576 - - - - - - - - -
Mortgage Paydown $893$10,996$11,524$12,078$12,659$13,267$13,905$14,573$15,274$16,008
Total $207,465$10,996$11,524$12,078$12,659$13,267$13,905$14,573$15,274$16,008
Cash Invested $207,465$218,461$229,986$242,065$254,724$267,992$281,897$296,471$311,745$327,754
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 -$1,089-$13,096-$13,429-$13,772-$14,125-$14,489-$14,863-$15,249-$15,646-$16,054
Mortgage Payment -$3,652-$43,832-$43,832-$43,832-$43,832-$43,832-$43,832-$43,832-$43,832-$43,832
Net Cash Flow -$1,962-$23,460-$22,355-$21,197-$19,984-$18,715-$17,386-$15,995-$14,539-$13,016
Returns
Property Price Appreciation $43,999$46,199$48,509$50,934$53,481$56,155$58,963$61,911$65,007$68,257
Mortgage Paydown $893$10,996$11,524$12,078$12,659$13,267$13,905$14,573$15,274$16,008
Net Cash Flow -$1,962-$23,460-$22,355-$21,197-$19,984-$18,715-$17,386-$15,995-$14,539-$13,016
Total Return $42,930$33,734$37,679$41,816$46,156$50,708$55,482$60,489$65,741$71,249
Cumulative Return $42,930$76,664$114,344$156,160$202,316$253,024$308,507$368,996$434,738$505,988
Investment Metrics
Cumulative ROI 20.7% 35.1% 49.7% 64.5% 79.4% 94.4% 109.4% 124.5% 139.5% 154.4%
Cash On Cash -0.9% -10.7% -9.7% -8.8% -7.8% -7.0% -6.2% -5.4% -4.7% -4.0%

Location of d612_d30a_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Demographic Information of d612_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