
150 McCready Drive, Milton
Milton
$899,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE MEADOWTOWNE REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Picture a home where the kids can walk to school, the park is half a block away, and everyone still has room to spread out when they come home. Welcome to 150 McCready Drive, a four-bedroom detached home offering approximately 1906 sq. ft. above grade, a finished basement and 3.5 bathrooms in Milton's family-friendly Scott neighbourhood.The main floor begins with a generously sized front room that can serve as a formal dining room, a combined living and dining space, or a flexible area that evolves with your family. At the back of the home, the kitchen, breakfast area and living room come together in one bright, connected space-ideal for preparing dinner while the kids finish homework, sharing casual meals or relaxing together at the end of the day. The kitchen features stainless steel appliances, double sinks, ample cabinetry and a breakfast bar. From the breakfast area, step outside to a fenced backyard with a patio and room to dine, barbecue or play.Upstairs, the oversized primary bedroom offers space to create a true retreat, complete with a walk-in closet and four-piece ensuite featuring a separate shower and soaker tub. Three additional bedrooms and a full family bathroom provide room for children, guests or a home office.The finished basement adds a large recreation room and another bathroom, creating options for movie nights, a playroom, home gym or overnight guests. Separate laundry, utility and storage areas help keep the living space organized. A main-floor powder room and direct access from the garage add everyday convenience.McCready Park is only half a block away, while Escarpment View Public School and Queen of Heaven Catholic Elementary School are approximately a seven-minute walk from home. Conservation areas, trails and outdoor adventures are also just a short drive away, making this a practical family home in a location that supports both busy weekdays and weekends together.
MississaugaInvestor.ca
150 McCready Drive
Detached · 4bd/3ba · ~1,750 sqft
$899,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.16%
Monthly Cash Flow
-$2,520/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-15.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$4,142 |
| Property Tax | −$585 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$2,520/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$7,019 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,999 |
| Annual NOI | $19,472 |
| Cap Rate | 2.16% |
Cash Required to Close
| Down Payment (20%) | $179,980 |
| Ontario Land Transfer Tax | $14,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,453 |
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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