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$883,990

Mile and Creek Condos - 773 Whitlock Ave - d712_d30a_phase_2 - Milton, ON, L9E 1S5

MLS® # PB1096-D712_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

79.3%

Cumulative Market Appreciation

$244,230

Net Operating Income in Year 5

$25,306

Cash on Cash Return in Year 5

-7.9%

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
%
$176,798
Mortgage Amount $707,192
Mortgage Payment
%
$3,669

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 $1,090
Net Operating Income $1,688
Debt Service
Mortgage Payment $3,669
Net Cash Flow -$1,980

Acquistion Costs

Deposit $132,596
Land Transfer Tax $14,154
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $44,202
Total Acquisition Costs $207,452

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $39,199
Deposit @ 120 days $22,099
Deposit @ 240 days $22,099
Due on Occupancy $44,199
Total Deposit $132,596
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $132,596 - - - - - - - - -
Closing Costs $74,856 - - - - - - - - -
Mortgage Paydown $897$11,046$11,577$12,133$12,716$13,328$13,968$14,640$15,343$16,081
Total $208,349$11,046$11,577$12,133$12,716$13,328$13,968$14,640$15,343$16,081
Cash Invested $208,349$219,395$230,972$243,106$255,823$269,151$283,119$297,759$313,103$329,184
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 -$1,090-$13,108-$13,441-$13,785-$14,138-$14,502-$14,877-$15,262-$15,659-$16,069
Mortgage Payment -$3,669-$44,031-$44,031-$44,031-$44,031-$44,031-$44,031-$44,031-$44,031-$44,031
Net Cash Flow -$1,980-$23,672-$22,566-$21,408-$20,196-$18,927-$17,599-$16,208-$14,752-$13,229
Returns
Property Price Appreciation $44,199$46,409$48,729$51,166$53,724$56,411$59,231$62,193$65,302$68,567
Mortgage Paydown $897$11,046$11,577$12,133$12,716$13,328$13,968$14,640$15,343$16,081
Net Cash Flow -$1,980-$23,672-$22,566-$21,408-$20,196-$18,927-$17,599-$16,208-$14,752-$13,229
Total Return $43,116$33,783$37,740$41,891$46,244$50,811$55,601$60,624$65,893$71,419
Cumulative Return $43,116$76,900$114,640$156,532$202,776$253,588$309,189$369,814$435,707$507,126
Investment Metrics
Cumulative ROI 20.7% 35.1% 49.6% 64.4% 79.3% 94.2% 109.2% 124.2% 139.2% 154.1%
Cash On Cash -1.0% -10.8% -9.8% -8.8% -7.9% -7.0% -6.2% -5.4% -4.7% -4.0%

Location of d712_d30a_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Demographic Information of d712_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