
159 Weston Drive, Milton
Milton
$998,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Move-In Ready Property! Beautifully updated and meticulously maintained, this exceptional home showcases approximately $150,000 (as per seller) in renovations and improvements, offering the perfect blend of modern style, comfort, and functionality. Featuring a bright open-concept layout, a fully finished basement, and an impressive entertainer's backyard. The stunning chef-inspired kitchen, renovated in 2023, features a massive waterfall quartz centre island, custom floor-to-ceiling shaker cabinetry, dramatic full-height quartz backsplash, designer pendant lighting, premium finishes, and stainless steel appliances. A spacious sun-filled family room overlooking the kitchen and backyard provides the perfect setting for everyday living and gatherings. Combined living & dining rooms with pot lights, high quality laminate floors and large windows. The two-toned hardwood staircase takes you to the carpet-free upper level. The primary suite has a large walk-in closet and 4PC ensuite with quartz counters, soaker tub and separate standing shower. Two additional generously sized bedrooms complete the upper level. The professionally finished basement features a self-contained in-law suite with a bedroom, full bathroom, kitchen with white cabinets, quartz counters, stainless steel appliances, centre island and open-concept living area, offering excellent flexibility for extended family or multi-generational living. Completed in 2023, the exposed aggregate concrete extends from the driveway and front porch through the side yard to the backyard patio, complemented by a stylish gazebo and garden shed. Additional updates include designer laminate flooring on the main level (2023), a renovated powder room (2023), new roof shingles (2023), designer lighting fixtures throughout, upper-level laminate flooring (2026), upper-floor bathroom updates (2026) and recently painted interiors. You can fit three cars in the widened driveway plus one in the garage. This home is EV charging ready.
MississaugaInvestor.ca
159 Weston Drive
Detached · 4bd/4ba · ~1,750 sqft
$998,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.91%
Monthly Cash Flow
-$2,177/mo
Estimated Rent
$4,340/mo
Cash-on-Cash
-11.93%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,340 |
| Mortgage | −$4,594 |
| Property Tax | −$649 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$832 |
| Vacancy (5%) | −$217 |
| Cash Flow | -$2,177/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,080 |
| Vacancy (5%) | −$2,604 |
| Property Tax | −$7,784 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,980 |
| Annual NOI | $29,012 |
| Cap Rate | 2.91% |
Cash Required to Close
| Down Payment (20%) | $199,600 |
| Ontario Land Transfer Tax | $16,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,035 |
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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