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$900,990

Mile and Creek Condos - 773 Whitlock Ave - d812_d30a_phase_2 - Milton, ON, L9E 1S5

MLS® # PB1096-D812_D30A_PHASE_2

3.0 Beds

2 Baths

949 sqft

Property Features:

  • Bedrooms: 3.0
  • Bathrooms: 2.0
  • Floor Space (approx): 949

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

78.4%

Cumulative Market Appreciation

$248,926

Net Operating Income in Year 5

$25,077

Cash on Cash Return in Year 5

-8.2%

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
%
$180,198
Mortgage Amount $720,792
Mortgage Payment
%
$3,739

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,761
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,088
Net Operating Income $1,673
Debt Service
Mortgage Payment $3,739
Net Cash Flow -$2,066

Acquistion Costs

Deposit $135,146
Land Transfer Tax $14,494
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $45,052
Total Acquisition Costs $211,192

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $40,049
Deposit @ 120 days $22,524
Deposit @ 240 days $22,524
Due on Occupancy $45,049
Total Deposit $135,146
Closing Date Mar 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $135,146 - - - - - - - - -
Closing Costs $76,046 - - - - - - - - -
Mortgage Paydown $914$11,258$11,799$12,366$12,961$13,584$14,237$14,921$15,638$16,390
Total $212,106$11,258$11,799$12,366$12,961$13,584$14,237$14,921$15,638$16,390
Cash Invested $212,106$223,365$235,165$247,532$260,493$274,077$288,315$303,236$318,875$335,265
Rental Cash Flows
Rent and other income $2,761$33,257$34,687$36,179$37,735$39,357$41,050$42,815$44,656$46,576
Operating Expenses -$1,088-$13,090-$13,423-$13,766-$14,118-$14,481-$14,855-$15,239-$15,635-$16,043
Mortgage Payment -$3,739-$44,878-$44,878-$44,878-$44,878-$44,878-$44,878-$44,878-$44,878-$44,878
Net Cash Flow -$2,066-$24,711-$23,614-$22,465-$21,262-$20,002-$18,683-$17,303-$15,858-$14,345
Returns
Property Price Appreciation $45,049$47,301$49,667$52,150$54,757$57,495$60,370$63,389$66,558$69,886
Mortgage Paydown $914$11,258$11,799$12,366$12,961$13,584$14,237$14,921$15,638$16,390
Net Cash Flow -$2,066-$24,711-$23,614-$22,465-$21,262-$20,002-$18,683-$17,303-$15,858-$14,345
Total Return $43,897$33,849$37,852$42,052$46,457$51,077$55,924$61,007$66,339$71,931
Cumulative Return $43,897$77,746$115,598$157,651$204,108$255,186$311,110$372,118$438,457$510,388
Investment Metrics
Cumulative ROI 20.7% 34.8% 49.2% 63.7% 78.4% 93.1% 107.9% 122.7% 137.5% 152.2%
Cash On Cash -1.0% -11.1% -10.0% -9.1% -8.2% -7.3% -6.5% -5.7% -5.0% -4.3%

Location of d812_d30a_phase_2-773 Whitlock Ave, Milton, ON, L9E 1S5

Demographic Information of d812_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