1533 Morse Place, Milton
Milton
$1,699,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
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
$4,200/mo
Estimated from market price-to-rent ratios
Remarks
One of the true gems in one of the area's most coveted family neighbourhoods where homes rarely change hands. Perfectly positioned on a premium pie-shaped lot with an impressive 88-ft rear width, this exceptional Mattamy-built residence blends timeless elegance with everyday luxury. Recently finished in 2023 designer-inspired kitchen showcases waterfall-edge quartz countertops and a striking high-end backsplash, flowing seamlessly into the inviting family room with views of a spectacular backyard retreat. Indulge in resort-style living with a two-tier stone patio, saltwater pool featuring dual sheer descent waterfalls, hot tub, and an electrically serviced cabana. Rich new hardwood flooring completed in 2023 spans the main and upper level, while the partially finished basement with oversized windows offers exceptional versatility. Freshly painted, impeccably maintained, and move-in ready! An extraordinary offering on a quiet, low-traffic crescent where homes are rarely available. Minutes to the GO station and 401/407 access, with Kelso Park and an abundance of other parks close by, as well as bike, walking trails, and splash pads all close at hand.
MississaugaInvestor.ca
1533 Morse Place
Detached · 4bd/3ba · ~2,750 sqft
$1,699,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.88%
Monthly Cash Flow
-$6,575/mo
Estimated Rent
$4,200/mo
Cash-on-Cash
-21.14%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,200 |
| Mortgage | −$7,820 |
| Property Tax | −$1,104 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,416 |
| Vacancy (5%) | −$210 |
| Cash Flow | -$6,575/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$50,400 |
| Vacancy (5%) | −$2,520 |
| Property Tax | −$13,252 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,990 |
| Annual NOI | $14,938 |
| Cap Rate | 0.88% |
Cash Required to Close
| Down Payment (20%) | $339,800 |
| Ontario Land Transfer Tax | $30,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $373,255 |
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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