215-217 Queen Street, Milton

$749,900
215-217 Queen Street

$749,900

New
4d
Detached1 1/2 Storey

215-217 Queen Street, Milton

Total Monthly Obligation $3,712

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
4d
Score
22
Yield
5.6%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-W14098648
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-39.5 × 118.59 ft
Listed on site-Oct 19, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,746 (2026)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-1035 - OM Old Milton
Title-Residential Freehold

No agent assigned

Rare opportunity, two residences (approximately 1600 square feet each) on one property in a highly desired location close to downtown. Three bedroom, 1 1/2 bath home with main floor family room. large kitchen and large dining room. Seperate residence (also approximately 1600 square feet) at the back of the property above the double garage offers good size kitchen, huge living room, two bedrooms and a 4 piece bath. Both residences has forced gas furnaces. This property is being sold "AS IS" with no representations or warranties. Approximate ages for the following: house furnace (2006), house kitchen and porch shingles (2013), main part of house shingles (2018), residence over the garage furnace (2014) and shingles (2019). This property appears on the Milton Heritage List but is not Registered Heritage Property.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,712/mo
Mortgage $3,025
Monthly Loss $2,916
Principal$796
Interest$2,229
Property Tax$312
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$42,000/yr
NOI
$29,554/yr
Net Cash Flow
-$562/mo
Cash Margin
-16.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
24.9/ 100

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

Comparables

Properties near 215-217 Queen Street

Time

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Data last updated within the past 24 hours.