
33- 1380 Costigan Road, Milton
Milton
$639,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
3
Days on Market
38
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
This adorable, modern town home is located in a prime area of Milton, steps away to schools and neighborhood parks, close to main shopping centers, highways and GO station. Perfect for the first time home buyer wanting to get into the market and wanting extra living space, a professional couple too busy to maintain a larger home, downsizers looking for a cozy yet spacious home, or even a small family upsizing from a smaller space. This home features an open concept living design on the main floor with a walk out to a large terrace. The kitchen offers stainless steel appliances, quartz counters and backsplash, and a large breakfast bar. The open concept living/ dining areas are perfect for entertaining or just hanging out just to chill, read a good book or watch a movie. The living room has a walk out to a huge terrace for some outdoor living. The upper level has 2 generous sized bedrooms with a his/hers closets and 4pc ensuite in primary. 2nd bedroom can be doubled as a guest room/ bedroom and office all in one. The laundry room is conveniently located in the upper hallway tucked away in its own little room. The built in garage with a private entrance to the home is also super convenient! Recent renos include freshly painted walls, trim and doors throughout entire home, upgraded luxury vinyl plank flooring in living/ dining areas, new broadloom on 2nd floor and the stairs, quartz counters in kitchen and all bathrooms, updated vanities, new lighting fixtures, and new hardware on all the cabinets. Renos are less than a year old. Don't miss out on this fabulously packaged home...book your showing today!
MississaugaInvestor.ca
33- 1380 Costigan Road
Condo Townhouse · 2bd/3ba · ~1,300 sqft
$639,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.99%
Monthly Cash Flow
-$1,880/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-16.11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$2,941 |
| Property Tax | −$415 |
| Insurance | −$225 |
| Condo Fee | −$341 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,880/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$4,984 |
| Insurance | −$2,700 |
| Condo Fee | −$4,092 |
| Annual NOI | $12,734 |
| Cap Rate | 1.99% |
Cash Required to Close
| Down Payment (20%) | $127,800 |
| Ontario Land Transfer Tax | $9,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $140,055 |
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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