
34- 550 Childs Drive, Milton
Milton
$664,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to one of Milton's most sought-after townhouse communities, where opportunities to owna rare 4-bedroom, 3 bathroom model are few and far between. Thoughtfully designed for growing families, this spacious home is a highly functional layout that stands apart from the typical townhome. The second level features a private primary retreat complete with its own ensuite. An added bonus is the adjoining fourth bedroom, offering direct access to the primary suite and endless flexibility as a nursery, home office, dressing room, or an impressive walk-in closet conversion.The main level provides comfortable living and entertaining space, while the fully finished basement significantly expands the home's versatility. Complete with a fireplace, oversized window that fills the space with natural light, and an additional bathroom, it's the perfect recreation room. A completely carpet-free interior throughout. Step outside to one of this home's most exceptional features-an oversized backyard that is rarely found in townhouse living. Whether you're entertaining, gardening, or simply enjoying outdoor space with family, this private yard offers possibilities seldom available. Residents also enjoy access to the community outdoor pool at 661 Childs Drive, adding even more value to this desirable neighbourhood. Ideally located close to schools, parks, shopping, trails, transit, and major commuter routes, this is an outstanding opportunity to own one of the largest and most versatile floor plans in one of Milton's most established and desirable townhouse communities.
MississaugaInvestor.ca
34- 550 Childs Drive
Condo Townhouse · 4bd/3ba · ~1,500 sqft
$664,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.83%
Monthly Cash Flow
-$1,495/mo
Estimated Rent
$2,850/mo
Cash-on-Cash
-12.31%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,850 |
| Mortgage | −$3,060 |
| Property Tax | −$432 |
| Insurance | −$225 |
| Condo Fee | −$485 |
| Vacancy (5%) | −$143 |
| Cash Flow | -$1,495/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,200 |
| Vacancy (5%) | −$1,710 |
| Property Tax | −$5,186 |
| Insurance | −$2,700 |
| Condo Fee | −$5,820 |
| Annual NOI | $18,784 |
| Cap Rate | 2.83% |
Cash Required to Close
| Down Payment (20%) | $132,980 |
| Ontario Land Transfer Tax | $9,773 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $145,753 |
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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