6020 Derry Road 22, Milton

$689,007
6020 Derry Road 22

$689,007

Price Change
17d
Att/Row/Townhouse3-Storey

6020 Derry Road 22, Milton

Total Monthly Obligation $3,447

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
17d
Score
19
Yield
5.2%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Att/Row/Townhouse
MLS® Number-W13869072
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-14.5 × 66.96 ft
Listed on site-Oct 6, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$3,512.5 (2026)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1033 - HA Harrison
Title-Residential Freehold

No agent assigned

Fabulous Buyer's Bonus Package available - call for details. FREEHOLD 3 BEDROOMS 3 BATHROOMS 2 PARKING. Welcome to Harrison, Milton - where family-friendly living meets the beauty of the Niagara Escarpment. This beautifully maintained 3-bedroom, 3-bathroom freehold Mattamy townhome has just been freshly painted and is move-in ready. Offering excellent value, this is an opportunity to own a freehold home in one of Milton's desirable family communities. The heart of the home is the spacious family kitchen, featuring quartz countertops, stylish backsplash, stainless-steel appliances and pot lighting, with a generous size adjoining dining area that's perfect for family dinners and entertaining. After dinner, step outside to your private deck/terrace and enjoy a quiet evening with your favourite beverage. Upstairs, you'll find three comfortable family-sized bedrooms, including a spacious primary bedroom with private 2 piece ensuite and two double closets with organizers. The location is one of the home's greatest advantages. Enjoy easy access to Rattlesnake Point Conservation Area, Spring Ridge Farm, parks, trails, lakes and the spectacular Niagara Escarpment. Schools, Milton District Hospital, community facilities, transit and everyday amenities are all nearby. Additional features include a brand-new central air conditioner installed June 2026, two parking spaces and freehold ownership. If you've been searching for a 3-bedroom, 3-bathroom freehold townhome in Milton, this one deserves a closer look. Come see it - you may be pleasantly surprised by what $689,007 can buy you in Milton. "Let's make a bond"

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$566,640($15,434 CMHC)
Land Transfer Taxes$10,255
Legal Fees (Est.)
$
Total cash required for closing$149,556

Total Monthly Obligation

$3,525/mo
Mortgage $2,857
Monthly Loss $2,773
Principal$752
Interest$2,105
Property Tax$293
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-7.0%1
5-Year IRR
9.0%29
10-Year IRR
10.4%
Returns Index
16.4/ 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
$35,544/yr
NOI
$23,977/yr
Net Cash Flow
-$859/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
82.2%14
Vacancy Buffer
2.7 mo44
Risk Index
22.7/ 100

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

Comparables

Properties near 6020 Derry Road 22

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.