8010 Derry Road 809, Milton

$399,000
8010 Derry Road 809

$399,000

New
20d
Condo ApartmentMulti-Level

8010 Derry Road 809, Milton

Total Monthly Obligation $2,559

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
20d
Score
19
Yield
6.3%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-W13858944
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 3, 2026
Style-Multi-Level
Building Type-Condo Apartment
Age-New
Taxes-$2,759.81 (2026)
Maintenance-$519.38/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KING REALTY CO.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-1028 - CO Coates
Title-Residential Condo & Other

No agent assigned

Welcome to Connectt Condominiums in the heart of Milton! This modern 1+1 bedroom, 2-bathroom suite offers 646 sq. ft. of bright, functional living space plus a private balcony with unobstructed views. Features include engineered hardwood floors, large windows, in-suite laundry, and a contemporary kitchen with upgraded stainless steel appliances and quartz countertops. The spacious primary bedroom includes a 4-piece ensuite, while the versatile den offers the perfect space for a home office or second bedroom. Includes 1 underground parking space and 1 locker. Enjoy fantastic amenities including concierge, outdoor pool, rooftop terrace, fitness centre, party room, lounge, pet spa, and more. Conveniently located near highways, transit, shopping, restaurants, and schools. Perfect for first-time buyers, downsizers, or investors!

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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,559/mo
Mortgage $1,609
Monthly Loss $2,135
Principal$424
Interest$1,186
Property Tax$230
Condo Fees$519
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,200/yr
NOI
$11,288/yr
Net Cash Flow
-$669/mo
Cash Margin
-31.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.587
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
29.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8010 Derry Road 809

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.