166 Forbes Terrace, Milton

$1,449,000
166 Forbes Terrace

$1,449,000

New
17d
Detached2-Storey

166 Forbes Terrace, Milton

Total Monthly Obligation $6,728

Beds
5
Baths
5
Park
2
Sqft
2500-3000
DOM
17d
Score
15
Yield
3.2%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-W13867076
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-43.05 × 100.98 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,096 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1036 - SC Scott
Title-Residential Freehold

No agent assigned

Welcome to this Heathwood Traditions- Forest Collection, Cloverdale model-an exceptional home backing onto the forest, perfectly designed for family living and effortless entertaining. Located in the highly sought after Scott neighbourhood, this spacious home features: 4+1 bedrooms and 4.5 bathrooms, and has over 3500 square feet of living space. Espresso hardwood flooring throughout the main floor and upper floor, Custom built-in closets in the primary bedroom suite, The Main-floor highlights including a recently finished private home office with scenic forest views and an updated, functional mudroom. A finished basement with an additional bedroom, full bathroom, and a spacious laundry room plus a large rec room. Enjoy this incredible neighbourhood with convenience with a short walk to the Sherwood Community Centre, the public library, and vibrant downtown Milton. Top-rated schools, family parks, and local conservation areas are also just minutes away.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,159,200
Land Transfer Taxes$25,455
Legal Fees (Est.)
$
Total cash required for closing$316,755

Total Monthly Obligation

$6,728/mo
Mortgage $5,845
Monthly Loss $5,190
Principal$1,538
Interest$4,307
Property Tax$508
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
5.9%14
10-Year IRR
7.3%
Returns Index
8.2/ 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
$47,040/yr
NOI
$31,740/yr
Net Cash Flow
-$3,200/mo
Cash Margin
-81.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.9/ 100

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

Comparables

Properties near 166 Forbes Terrace

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.