610 Farmstead Drive 409, Milton

$549,850
610 Farmstead Drive 409

$549,850

New
9d
Condo ApartmentApartment

610 Farmstead Drive 409, Milton

Total Monthly Obligation $2,982

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
9d
Score
21
Yield
5.7%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-W14033810
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,396.46 (2026)
Maintenance-$363.86/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY ENTERPRISES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front, Concrete
Possession-December
Neighbourhood-1038 - WI Willmott
Title-Residential Condo & Other

No agent assigned

Experience unparalleled luxury in this exquisite boutique condominium. Situated on the 4th floor, this stunning residence features a 9-ft ceiling and unobstructed views of the lush greenery surrounding Milton Hospital and Derry Road. This immaculate, west-facing 2-bedroom unit is turn-key and ready for you to call it home. Exclusive amenities like a dog park and car wash enhance convenience and leisure. Located near top schools, a state-of-the-art recreation center, and premier golf courses, this home offers modern sophistication in a serene, natural setting. Conveniently located, minutes away from the Milton Go Station and Highway 401. Welcome to your luxurious new sanctuary in Milton.

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

Closing Costs

Mortgage Amount
$439,880
Land Transfer Taxes$7,472
Legal Fees (Est.)
$
Total cash required for closing$118,942

Total Monthly Obligation

$2,982/mo
Mortgage $2,218
Monthly Loss $2,398
Principal$584
Interest$1,634
Property Tax$200
Condo Fees$364
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.8%41
10-Year IRR
11.3%
Returns Index
21.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,596/yr
NOI
$19,274/yr
Net Cash Flow
-$612/mo
Cash Margin
-23.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.8/ 100

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

Comparables

Properties near 610 Farmstead Drive 409

Time

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Data last updated within the past 24 hours.