720 Whitlock Avenue 816, Milton

$529,000
720 Whitlock Avenue 816

$529,000

New
4d
Condo ApartmentApartment

720 Whitlock Avenue 816, Milton

Total Monthly Obligation $2,685

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
4d
Score
20
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-W14093706
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Maintenance-$350.72/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-1026 - CB Cobban
Title-Residential Condo & Other

No agent assigned

**NEW PENTHOUSE SUITE - TOP FLOOR**, Amazing Views From Balcony!! Luxury 1-Bedroom, 1-Bathroom, With 1 Underground Parking Space, The Desirable Cobban Community Of Milton!! Very Well Designed 548 Square Foot + Balcony, Penthouse Suite Features 9' Ceilings, High-Efficiency Windows, The Open-Concept Layout Includes A Gourmet Kitchen With Modern Finishes, Seamlessly Flowing Into The Living Space-Ideal For Both Everyday Living And Entertaining!! Highlights Include In-Suite Laundry, Smart Thermostat Climate Control!! Residents Enjoy Access To Great Amenities Such As A Fully Equipped Fitness Centre, Games Room, Media Room, And 24/7 Building Security!! Perfectly Situated Next To A Park For Pets!! And Just Minutes From Grocery Stores, Shops, And Everyday Conveniences!! This Condo Offers A Blend Of Comfort, Style, And Convenience In A Vibrant, Growing Neighborhood!!

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

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$2,685/mo
Mortgage $2,134
Monthly Loss $2,123
Principal$562
Interest$1,572
Condo Fees$351
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
9.9%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$25,416/yr
NOI
$16,266/yr
Net Cash Flow
-$778/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
29.2/ 100

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

Comparables

Properties near 720 Whitlock Avenue 816

Time

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