964 Cherry Court, Milton

$899,000
964 Cherry Court

$899,000

New
17d
Att/Row/Townhouse2-Storey

964 Cherry Court, Milton

Total Monthly Obligation $4,409

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
17d
Score
17
Yield
4.1%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Att/Row/Townhouse
MLS® Number-W13868130
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-22.84 × 81.07 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$4,888.08 (2026)
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-GALAXY STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1026 - CB Cobban
Title-Residential Freehold

No agent assigned

Welcome to this premium-lot end-unit townhome, offering the feel and added privacy of a semi-detached home, ideally located in Milton's desirable Cobban neighbourhood. Nestled on a quiet, family-friendly street with east-facing exposure, this bright and spacious home offers plenty of natural light throughout the day. The main level features 9-foot ceilings, a spacious great room, and a stylish modern kitchen complete with a large centre island, stainless steel appliances, and plenty of space for cooking and entertaining. A convenient office space at the front of the home is perfect for working from home or studying. Upstairs, you'll find 3 generously sized bedrooms and 3 bathrooms, including a primary bedroom with a luxurious 5-piece ensuite, along with the convenience of second-floor laundry. Enjoy hassle-free parking with a two-car driveway and no sidewalk. Ideally located close to schools, parks, trails, shopping, everyday amenities, and major highways. A wonderful opportunity to enjoy a bright, modern home in a growing, family-friendly Milton community.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,409/mo
Mortgage $3,626
Monthly Loss $3,454
Principal$954
Interest$2,672
Property Tax$407
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,900/yr
NOI
$23,822/yr
Net Cash Flow
-$1,641/mo
Cash Margin
-53.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.4/ 100

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

Comparables

Properties near 964 Cherry Court

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.