1380 Main Street E 112, Milton

$625,000
1380 Main Street E 112

$625,000

New
7d
Condo ApartmentApartment

1380 Main Street E 112, Milton

Total Monthly Obligation $3,824

Beds
3
Baths
2
Park
2
Sqft
1200-1399
DOM
7d
Score
17
Yield
5.7%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-W14086898
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$3,599.01 (2026)
Maintenance-$802.66/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Roof-Unknown
Foundation-Unknown
Possession-30/40/50 TBA
Neighbourhood-1029 - DE Dempsey
Title-Residential Condo & Other

No agent assigned

Rarely Available Ground-Floor Suite In The Sought-After Bristol On Main - And It's Never Looked Better! Great Price To Enjoy The Feel Of A Bungalow But With Condo Lifestyle Peace Of Mind. This Bright And Spacious 'Stanford' Model Offers Approximately 1,350 Sq. Ft. Of Carpet-Free Living Space, Freshly Painted Throughout With A Brand New Kitchen Countertop And Updated Finishes That Make This Unit Truly Move-In Ready. The Open-Concept Living And Dining Area Is Generously Sized And Flows Seamlessly Into A Gorgeous Modern Kitchen Featuring A Breakfast Bar, Stainless Steel Appliances, Large Pantry, And Walkout To A Private Patio. Three Well-Proportioned Bedrooms Thoughtfully Laid Out - With The Primary Suite Positioned At The Opposite End Of The Unit From The Additional Bedrooms, Offering A Welcome Sense Of Privacy. The Primary Features A 4-Piece Ensuite And His & Hers Closets. A Second Full Bathroom Serves The Remaining Bedrooms With Ease. Ensuite Laundry, One Exclusive Locker, And Two Owned Underground Parking Spots Round Out This Exceptional Offering. Building Amenities Include An Exercise Room, Party/Meeting Room, Car Wash, Bbqs Allowed, And Ample Visitor Parking. Pets Permitted With Restrictions. Steps To Shops, Restaurants, Community Rec Centre, And Transit - With Quick Access To Hwy 401 And Moments To "Main St." Milton. Ideal For First-Time Buyers, Downsizers, Small Families, Or Investors. Quality Ownership Throughout - This One Won't Last!

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

Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,824/mo
Mortgage $2,521
Monthly Loss $3,160
Principal$663
Interest$1,858
Property Tax$300
Condo Fees$803
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.9%22
10-Year IRR
9.1%
Returns Index
12.4/ 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
$35,844/yr
NOI
$16,629/yr
Net Cash Flow
-$1,135/mo
Cash Margin
-38.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.5/ 100

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

Comparables

Properties near 1380 Main Street E 112

Time

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