287 Milestone Crescent, Aurora
Aurora
$798,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 ATRIA REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
4
Days on Market
143
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,750/mo
Estimated from market price-to-rent ratios
Remarks
Located in a desirable and family-friendly neighborhood in Aurora, this beautifully fully renovated home offers modern living with exceptional space and versatility. Featuring 4 spacious bedrooms and 4 updated bathrooms, this property has been thoughtfully upgraded throughout with quality finishes and contemporary design. The bright and functional layout provides comfortable living spaces perfect for both everyday living and entertaining. One of the standout features of this home is the fully finished walk-out basement with a separate private entrance, offering incredible flexibility for extended family living or an in-law suite. The lower level is equipped with a second kitchen and its own separate laundry, while the main level also includes a dedicated laundry area, providing the convenience of two kitchens and two laundry facilities within the home. The walk-out basement also allows for plenty of natural light and direct access to the backyard, enhancing the overall living experience. This move-in-ready property is ideally located close to parks, schools, shopping, public transit, restaurants, and all essential amenities, making it a perfect opportunity for families seeking comfort, functionality, and a beautifully upgraded home in one of Aurora's most sought-after communities.
MississaugaInvestor.ca
287 Milestone Crescent
Condo Townhouse · 3bd/4ba · ~1,900 sqft
$798,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.62%
Monthly Cash Flow
-$2,598/mo
Estimated Rent
$2,750/mo
Cash-on-Cash
-17.81%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,750 |
| Mortgage | −$3,673 |
| Property Tax | −$505 |
| Insurance | −$225 |
| Condo Fee | −$807 |
| Vacancy (5%) | −$138 |
| Cash Flow | -$2,598/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,000 |
| Vacancy (5%) | −$1,650 |
| Property Tax | −$6,065 |
| Insurance | −$2,700 |
| Condo Fee | −$9,684 |
| Annual NOI | $12,901 |
| Cap Rate | 1.62% |
Cash Required to Close
| Down Payment (20%) | $159,600 |
| Ontario Land Transfer Tax | $12,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,035 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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