
109- 443 Centennial Forest Drive, Milton
Milton
$700,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
52
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Tucked Away in the Heart of Old Milton. This rarely offered 1,335 sq. ft. corner suite offers an exceptional combination of space, privacy, and natural surroundings. Located in one of Old Milton's most sought-after buildings, this exclusive enclave is home to the area's only condominium building and is surrounded by a charming 55+ bungalow community, creating a peaceful and welcoming atmosphere. Mature trees, ravine views, and a quiet setting make this location truly special, while still being just steps from downtown Milton's shops, restaurants, and amenities. Inside, you'll find one of the building's most desirable layouts, featuring 9-foot ceilings, hardwood flooring throughout, and an abundance of natural light rarely found in condo living. The spacious living and dining area is enhanced by oversized patio doors and an additional large window, filling the home with sunlight throughout the day. The open-concept kitchen offers upgraded cabinets, stainless steel appliances and a large island with breakfast bar, ideal for everyday living and entertaining, while the laundry room is conveniently tucked away from the main living space. The thoughtfully designed 2-bedroom layout offers generous storage and well-proportioned principal rooms. The primary suite features two closets and a private ensuite, while the second bedroom includes a large walk-in closet and elegant California shutters. Additional California shutters in the bedrooms provide both style and privacy. Complete with two parking spaces and a separate storage locker, this is a rare opportunity to enjoy the space of a bungalow with the convenience of condominium living. A truly exceptional home in one of Milton's most desirable locations.
MississaugaInvestor.ca
109- 443 Centennial Forest Drive
Condo Apartment · 2bd/2ba · ~1,300 sqft
$700,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.1%
Monthly Cash Flow
-$2,580/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-20.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$3,222 |
| Property Tax | −$455 |
| Insurance | −$225 |
| Condo Fee | −$815 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$2,580/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$5,460 |
| Insurance | −$2,700 |
| Condo Fee | −$9,780 |
| Annual NOI | $7,710 |
| Cap Rate | 1.1% |
Cash Required to Close
| Down Payment (20%) | $140,000 |
| Ontario Land Transfer Tax | $10,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,475 |
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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