
693 Savoline Boulevard, Milton
Milton
$1,074,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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
$3,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 693 Savoline Blvd, a beautifully appointed and rarely offered detached bungalow in Milton's highly sought-after Harrison area, perfect for downsizers seeking effortless single-level living. Offering 1,332 sq ft of thoughtfully designed above-grade space, this home provides everything needed for comfortable, stair-free daily routines. The main floor boasts gorgeous wood plank ceilings, elegant wainscoting, and a stunning kitchen featuring crisp white cabinetry, stainless steel appliances, quartz counters, and a spacious center island. The kitchen transitions seamlessly into the dining room and an inviting living room featuring hardwood floors and a cozy natural gas fireplace. The main-floor primary suite is a true private retreat with a walk-in closet and a luxurious 5-piece ensuite, accompanied by a generously sized second bedroom and a full 4-piece bathroom. While day-to-day life is completely contained on the main floor, the fully finished basement provides an impressive 1,061 sq ft of extra living space-perfect for entertaining or hosting extended family-featuring a massive 23' x 25.89' recreation room, a dedicated wet bar, two additional large bedrooms, and a sleek 3-piece bathroom. Outside, say goodbye to weekend-consuming yard work! The property is beautifully landscaped to minimize maintenance, featuring a striking brick exterior, a private double interlock driveway leading to an attached 2-car garage, and a fully fenced backyard sanctuary with an extensive interlock stone patio and a large wooden pergola. Enjoy all the fantastic amenities Milton has to offer just steps from your door; this rare, low-maintenance gem won't last long!
MississaugaInvestor.ca
693 Savoline Boulevard
Detached · 4bd/3ba · ~1,300 sqft
$1,074,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.68%
Monthly Cash Flow
-$3,443/mo
Estimated Rent
$3,500/mo
Cash-on-Cash
-17.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,500 |
| Mortgage | −$4,948 |
| Property Tax | −$699 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$896 |
| Vacancy (5%) | −$175 |
| Cash Flow | -$3,443/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,000 |
| Vacancy (5%) | −$2,100 |
| Property Tax | −$8,384 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,749 |
| Annual NOI | $18,067 |
| Cap Rate | 1.68% |
Cash Required to Close
| Down Payment (20%) | $214,980 |
| Ontario Land Transfer Tax | $17,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $235,953 |
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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