520- 383 Main Street, Milton
Milton
$459,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Move in Ready! Downtown Milton Spacious One Bedroom Plus Den Open Concept with 9' Ceilings. Enjoy the View of Beautiful Sunsets and The Niagara Escapement from your Private Balcony. Hardwood Flooring, Carpet-Free. Enjoy Eating at the Granite Counter Breakfast Bar or Large Enough for a Table too! In-Suite Laundry, Underground Parking and Exclusive Locker all in the Green Energy Building. Fitness, Party and Games Room. Close to Go Train and all Amenities.
MississaugaInvestor.ca
520- 383 Main Street
Condo Apartment · 2bd/1ba · ~750 sqft
$459,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.6%
Monthly Cash Flow
-$1,122/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-13.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,117 |
| Property Tax | −$299 |
| Insurance | −$225 |
| Condo Fee | −$381 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$1,122/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$3,587 |
| Insurance | −$2,700 |
| Condo Fee | −$4,572 |
| Annual NOI | $11,941 |
| Cap Rate | 2.6% |
Cash Required to Close
| Down Payment (20%) | $91,980 |
| Ontario Land Transfer Tax | $5,673 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $100,653 |
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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