581 Lord Simcoe Court, Milton

$1,049,900
581 Lord Simcoe Court

$1,049,900

New
3d
DetachedSidesplit 4

581 Lord Simcoe Court, Milton

Total Monthly Obligation $4,978

Beds
3
Baths
3
Park
3
Sqft
1500-2000
DOM
3d
Score
17
Yield
4.1%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-W14097260
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-67.09 × 93.31 ft
Listed on site-Oct 20, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$4,411 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Town Or Country Real Estate (Halton) Ltd., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-90+ days
Neighbourhood-1031 - DP Dorset Park
Title-Residential Freehold

No agent assigned

Stunning detached home with over $200,000 in professional renovations completed! Located on a quiet cul-de-sac in Milton's highly desirable Dorset Park Neighbourhood, this beautiful home offers 3 bedrooms, 2.5 baths and is just steps away from Robert Baldwin Elementary School (JK-Grade 5). Following a complete renovation of the main and upper levels in 2021, the home now offers a beautiful open concept kitchen featuring stainless steel appliances (w/gas stove), quartz counters, full height cabinetry, & a large chef's island with wine fridge. The main and upper levels feature elegant wide plank 'white oak' engineered hardwood flooring & LED pot lights throughout. The upper level boasts 3 generous sized bedrooms, including a primary with his & her closets & an ensuite privilege. The updated 4-pc bath feat. a quartz counter double sink vanity & custom mosaic tile flooring. The professionally finished basement (2024) offers a spacious rec room, stylish 3-piece bath with quartz counters + glass shower, a private finished laundry room, & a large crawlspace storage area with built-in shelving. The private fully fenced backyard offers a large walkout deck with enclosed storage area (built 2020), natural gas hook-up for BBQs, & lots of greenspace for the kids to play or to add your future pool. This beautiful home is also just steps away from the popular Kinsmen Park, which offers a modern playground & splashpad, baseball diamonds, basketball court, & walking/running path. Bonus Info: New Roof (2025), New Heat Pump (2024) Spray Foam Insulated Basement (2024), Re-Insulated Attic (2021), New Insulated Garage Door (2020), New 'Miele' Dishwasher (2024), New Washer & Dryer (2024), New Ecobee Thermostat (2025), New Water Softener (Owned - 2021) & Many More Upgrades! This home is a true must see - book your private viewing today!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$839,920
Land Transfer Taxes$17,473
Legal Fees (Est.)
$
Total cash required for closing$228,953

Total Monthly Obligation

$4,978/mo
Mortgage $4,235
Monthly Loss $3,863
Principal$1,114
Interest$3,121
Property Tax$368
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 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
$42,600/yr
NOI
$29,429/yr
Net Cash Flow
-$1,783/mo
Cash Margin
-50.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
18.2/ 100

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

Comparables

Properties near 581 Lord Simcoe Court

Time

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