59- 1380 Costigan Road, Milton
Milton
$632,500
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Estimated from market price-to-rent ratios
Remarks
OPPORTUNITY IS KNOCKING! QUICK.... ANSWER IT! Here's an affordable offering for 1st time buyers and downsizers alike! This well-located stacked townhome/condo with low condo fees is close to schools, shopping, parks and more + public bus stop steps away! 1415 sq ft of builder completed living space is offered in this 2-level home. (More total living space than most 2 bedroom town or apt/condos in Milton!) Outside patio is the perfect spot to enjoy your morning coffee. The home's layout allows you to directly walk-in to everything you need for main floor living...without having to climb a flight of stairs!!! (Let that sink in!) Main level includes the open concept living room with hardwood flooring, updated lighting and large picture window allowing an abundance of natural light to flood through the space! Huge walk-in coat/storage closet too. The well laid out eat-in kitchen features refreshed cabinetry, newer ceramic backsplash, double sink, ample counter & cupboard space, huge pantry and tile flooring! Convenient access from kitchen to attached garage. Finishing off the main floor is the Primary bedroom - freshly painted with new broadloom, 2 closet/storage spaces (his & hers) and nicely presented 4-piece ensuite! Extra living space in the lower level includes 2 other bedrooms both with above grade windows, spacious large rec room area, utility/storage, laundry + a 2nd 4 piece bath. What more do you need if you're just starting out ....nothing more I can think of! This could be your chance to take that next step! (finally a chance to get into the market!) or downsizing (bank more $$ for retirement) Come check it out today! Extra parking options thru Town of Milton https://www.milton.ca/en/living-in-milton/parking-exceptions.aspx
MississaugaInvestor.ca
59- 1380 Costigan Road
Condo Townhouse · 3bd/2ba · ~750 sqft
$632,500
Cash-Flow Report · July 31, 2026
Cap Rate
2.9%
Monthly Cash Flow
-$1,384/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-11.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$2,911 |
| Property Tax | −$411 |
| Insurance | −$225 |
| Condo Fee | −$212 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$1,384/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$4,934 |
| Insurance | −$2,700 |
| Condo Fee | −$2,544 |
| Annual NOI | $18,322 |
| Cap Rate | 2.9% |
Cash Required to Close
| Down Payment (20%) | $126,500 |
| Ontario Land Transfer Tax | $9,125 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $138,625 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.