1570 Severn Drive, Milton

$1,225,000
1570 Severn Drive

$1,225,000

New
17d
Detached2-Storey

1570 Severn Drive, Milton

Total Monthly Obligation $5,721

Beds
6
Baths
5
Park
1
Sqft
2000-2500
DOM
17d
Score
15
Yield
3.3%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-W13865906
Beds-6
Bathrooms-5
Size-2000-2500 sqft
Lot Size-9.15 × 27 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,857 (2026)
Parking-2 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 GREEN REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1025 - BW Bowes
Title-Residential Freehold

No agent assigned

Welcome to this highly upgraded Mattamy home in Milton's sought-after Bowes community! This spacious 4-bedroom, 3.5-bathroom residence is the largest Mattamy model available with a single-car garage, offering an exceptional layout with generous living space and extensive upgrades throughout.The main floor features a bright and functional layout with a chef's kitchen, upgraded finishes, elegant coffered ceilings, and beautifully designed accent walls that add a sophisticated and modern touch. The spacious primary bedroom features a private 4-piece ensuite, creating a comfortable retreat for the homeowners.The professionally finished legal basement offers additional living space with 2 rooms and a full bathroom, making it ideal for an extended family, in-laws, guests, or additional living needs.Located in a family-friendly neighbourhood close to schools, parks, shopping, restaurants and everyday amenities. Enjoy convenient access to Metro, FreshCo, Tim Hortons, Shoppers Drug Mart and numerous other retail and dining options. Easy access to major transportation routes and Milton's growing amenities.A fantastic opportunity to own a highly upgraded, generously sized Mattamy home offering style, functionality and exceptional space in one of Milton's desirable communities!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$980,000
Land Transfer Taxes$20,975
Legal Fees (Est.)
$
Total cash required for closing$267,475

Total Monthly Obligation

$5,721/mo
Mortgage $4,941
Monthly Loss $4,421
Principal$1,300
Interest$3,641
Property Tax$405
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.4%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,572/yr
NOI
$27,158/yr
Net Cash Flow
-$2,678/mo
Cash Margin
-79.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.1/ 100

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

Comparables

Properties near 1570 Severn Drive

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.