307- 1487 Maple Avenue, Milton
Milton
$460,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX METROPOLIS REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
2
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
Welcome to Unit 307 at 1487 Maple Avenue, where comfort and convenience come together in the heart of Milton's sought-after Dempsey neighbourhood. This bright and inviting condo features a functional open-concept layout, a modern kitchen, in-suite laundry, and a private balcony to enjoy your morning coffee or unwind after a long day. Ideally located just minutes from shopping, restaurants, parks, schools, the GO Station, and major highways, this is an excellent opportunity for first-time buyers, downsizers, or investors.
MississaugaInvestor.ca
307- 1487 Maple Avenue
Condo Apartment · 2bd/1ba · ~850 sqft
$460,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.43%
Monthly Cash Flow
-$1,185/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-14.12%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,117 |
| Property Tax | −$299 |
| Insurance | −$225 |
| Condo Fee | −$444 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$1,185/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$3,588 |
| Insurance | −$2,700 |
| Condo Fee | −$5,328 |
| Annual NOI | $11,184 |
| Cap Rate | 2.43% |
Cash Required to Close
| Down Payment (20%) | $92,000 |
| Ontario Land Transfer Tax | $5,675 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $100,675 |
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.