
1411 Mcdermott Way, Milton
Milton
$819,900
Cash flow, cap rate & mortgage breakdown
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Listed by Bosley Real Estate Ltd.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
3
Days on Market
22
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 1411 McDermott Way-a beautifully updated end unit family home on one of Milton's most sought-after streets. Offering 3 spacious bedrooms, 2.5 bathrooms, and a finished basement, this home checks all the boxes. The main floor features an exceptional layout designed for modern family living, highlighted by a stunning renovated kitchen (2024) with premium appliances (2022), stylish finishes, and loads of space that are sure to impress. Bright principal rooms and thoughtful updates throughout create a warm, move-in-ready feel. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet and private ensuite. The finished basement provides valuable extra living space-perfect for movie nights, a playroom, a home office, or a gym. Located in a family-friendly neighbourhood close to walking trails, parks, schools, and everyday amenities, this home also offers excellent commuter access for those heading throughout the GTA. It's the perfect blend of comfort, style, and convenience. With the furnace and AC new in 2020 and the shingles replaced in 2018, there's nothing to do other than move in and enjoy! The kitchen you've been scrolling for, on the street you've been hoping for. Welcome home.
MississaugaInvestor.ca
1411 Mcdermott Way
Semi-Detached · 3bd/3ba · ~1,300 sqft
$819,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.78%
Monthly Cash Flow
-$2,555/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-17.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,774 |
| Property Tax | −$533 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$683 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$2,555/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$6,395 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,199 |
| Annual NOI | $14,626 |
| Cap Rate | 1.78% |
Cash Required to Close
| Down Payment (20%) | $163,980 |
| Ontario Land Transfer Tax | $12,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $179,853 |
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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