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$869,900

2.5 Beds

2 Baths

880 sqft

Thompson Towers - d880_spring_tower
130 Thompson Rd S

Milton ON, L9T 2X5

MLS® # PB1178-D880_SPRING_TOWER
D880_Spring_Tower - Thompson Towers by Greenpark Group

Property Features:

  • Bedrooms: 2.5
  • Bathrooms: 2.0
  • Floor Space (approx): 880

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

77.2%

Cumulative Market Appreciation

$240,337

Net Operating Income in Year 5

$22,688

Cash on Cash Return in Year 5

-8.9%

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
%
$173,980
Mortgage Amount $695,920
Mortgage Payment
%
$3,610

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,560
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,053
Net Operating Income $1,507
Debt Service
Mortgage Payment $3,610
Net Cash Flow -$2,103

Acquistion Costs

Deposit $130,484
Land Transfer Tax $13,873
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $43,496
Total Acquisition Costs $204,353

Deposit Schedule

With the Offer $5,000
Deposit @ 30 days $38,495
Deposit @ 180 days $21,747
Deposit @ 365 days $21,747
Deposit @ 0 days $43,495
Total Deposit $130,484
Closing Date Jun 1, 2026

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $108,737$21,747 - - - - - - - -
Closing Costs - $73,869 - - - - - - - -
Mortgage Paydown - $9,905$11,303$11,847$12,416$13,013$13,638$14,294$14,981$15,701
Total $108,737$105,521$11,303$11,847$12,416$13,013$13,638$14,294$14,981$15,701
Cash Invested $108,737$214,258$225,562$237,409$249,826$262,839$276,478$290,773$305,754$321,456
Rental Cash Flows
Rent and other income - $28,168$31,940$33,314$34,746$36,240$37,799$39,424$41,119$42,888
Operating Expenses - -$11,583-$12,927-$13,254-$13,590-$13,936-$14,292-$14,659-$15,036-$15,425
Mortgage Payment - -$39,719-$43,330-$43,330-$43,330-$43,330-$43,330-$43,330-$43,330-$43,330
Net Cash Flow - -$23,133-$24,316-$23,270-$22,173-$21,025-$19,823-$18,564-$17,246-$15,867
Returns
Property Price Appreciation $43,495$45,669$47,953$50,350$52,868$55,511$58,287$61,201$64,261$67,475
Mortgage Paydown - $9,905$11,303$11,847$12,416$13,013$13,638$14,294$14,981$15,701
Net Cash Flow - -$23,133-$24,316-$23,270-$22,173-$21,025-$19,823-$18,564-$17,246-$15,867
Total Return $43,495$32,442$34,940$38,927$43,111$47,499$52,102$56,931$61,996$67,309
Cumulative Return $43,495$75,937$110,877$149,805$192,916$240,415$292,518$349,450$411,446$478,756
Investment Metrics
Cumulative ROI 40.0% 35.4% 49.2% 63.1% 77.2% 91.5% 105.8% 120.2% 134.6% 148.9%
Cash On Cash - -10.8% -10.8% -9.8% -8.9% -8.0% -7.2% -6.4% -5.6% -4.9%

Location of d880_spring_tower-130 Thompson Rd S, Milton, ON, L9T 2X5

Demographic Information of d880_spring_tower-130 Thompson Rd S, Milton, ON, L9T 2X5

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$130,359.84

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.84 %

High school certificate or equivalent

25.1 %

Apprenticeship trade certificate/diploma

3.41 %

College/non-university certificate

21.8 %

University certificate (below bachelor)

1.81 %

University Degree

37.03 %

Commuter

Travel To Work

By Car

90.89 %

By Public Transit

4.66 %

By Walking

1.28 %

By Bicycle

0.0 %

By Other Methods

3.17 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.05 %

Houses

80.95 %

Own Vs. Rent