
103- 1419 Costigan Road, Milton
Milton
$659,000
Cash flow, cap rate & mortgage breakdown
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Listed by CITYSCAPE REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Rare opportunity to own a Fabulous ground-floor unit offering the perfect blend of condo convenience and townhouse living with a private walk-out patio and 2 car Parkings. Bright and spacious with beautiful sunny South East exposure, this home features 9-ft ceilings and a well-designed open-concept layout. Enjoy a large primary master room with large window,a walk-in closet and an attached bathroom with stand up shower. Second bedroom with large window, closet and an adjacent washroom with tub. Modern kitchen offers stainless steel appliances, granite countertops, breakfast bar, large window and ceramic flooring. Specious foyer and in-suite laundry, an added bonus. Includes 2 exclusive underground parking spaces conveniently located next to the elevator, plus a decent-sized locker for extra storage. Relax or entertain with BBQs on the patio, surrounded by evergreens for added privacy. A quiet and well-maintained building with Gym, Secured entry, Party room, Mail room, bright Lobby and plenty of surface Visitor parking. An excellent opportunity for young families, downsizing or simply a future investment egg in the nest. Ideally located just minutes from two elementary schools, parks, trails, shopping, and major highways.
MississaugaInvestor.ca
103- 1419 Costigan Road
Condo Apartment · 2bd/2ba · ~1,100 sqft
$659,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.28%
Monthly Cash Flow
-$2,332/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-19.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$3,033 |
| Property Tax | −$428 |
| Insurance | −$225 |
| Condo Fee | −$736 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$2,332/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$5,140 |
| Insurance | −$2,700 |
| Condo Fee | −$8,832 |
| Annual NOI | $8,408 |
| Cap Rate | 1.28% |
Cash Required to Close
| Down Payment (20%) | $131,800 |
| Ontario Land Transfer Tax | $9,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,455 |
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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