
238 Laurier Avenue, Milton
Milton
$1,129,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTY SERVICES INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully maintained backsplit bungalow, nestled in Milton's highly desirable Bronte Meadows neighbourhood, where comfort, style, and functionality come together on a premium 50' x 120' lot. Designed for growing families, multi-generational living, or those who love to entertain, this home offers an exceptional blend of versatile living space and timeless appeal. Step inside to discover a bright, inviting main level featuring tasteful modern upgrades, including a stunning fireplace feature wall in the living room and an elegant designer accent wall in the dining area. The spacious eat-in kitchen is complete with stainless steel appliances and flows effortlessly into the open living and dining spaces, creating the perfect setting for everyday living and entertaining. Upstairs, you'll find four generously sized bedrooms and a beautifully updated spa-inspired bathroom. Matching flooring and staircase finishes throughout the main and upper levels create a seamless, sophisticated look. A separate side entrance leads to the finished lower level, offering incredible flexibility for extended family, guests, or future in-law potential. This level features a spacious recreation room with a cozy fireplace, a kitchenette, a fifth bedroom, a second full bathroom, and newly installed luxury vinyl flooring throughout. The sought-after backsplit design provides the spaciousness of a multi-level home while offering fewer stairs than a traditional two-storey, delivering the comfort and convenience of bungalow-style living. Step outside to your own private backyardoasis featuring extensive interlocking stonework, a sparkling in-ground saltwater pool, and a dedicated vegetable garden. Whether you're hosting summer gatherings or unwinding after a long day, this outdoor space is designed to be enjoyed. This is a rare opportunity to own a move-in-ready home in one of the most sought-after family-friendly communities. Don't missyour chance-book your private showing today.
MississaugaInvestor.ca
238 Laurier Avenue
Detached · 5bd/2ba · ~1,300 sqft
$1,129,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.82%
Monthly Cash Flow
-$2,547/mo
Estimated Rent
$4,795/mo
Cash-on-Cash
-12.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,795 |
| Mortgage | −$5,201 |
| Property Tax | −$734 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$942 |
| Vacancy (5%) | −$240 |
| Cash Flow | -$2,547/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$57,540 |
| Vacancy (5%) | −$2,877 |
| Property Tax | −$8,813 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,299 |
| Annual NOI | $31,851 |
| Cap Rate | 2.82% |
Cash Required to Close
| Down Payment (20%) | $225,980 |
| Ontario Land Transfer Tax | $19,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $248,053 |
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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