296 Wilson Drive, Milton

$399,000
296 Wilson Drive

$399,000

New
43d
Condo Townhouse2-Storey

296 Wilson Drive, Milton

Total Monthly Obligation $2,484

Beds
3
Baths
1
Park
1
Sqft
1000-1199
DOM
43d
Score
30
Yield
8.4%
Cash on Cash
6.4%
Cap Rate
6.0%
5Y IRR
20.7%
10Y IRR
18.9%
Property Type-Condo Townhouse
MLS® Number-W13766726
Beds-3
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 10, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,238 (2026)
Maintenance-$488.25/mo
Locker-None
Parking-1 - None
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-PROPERTY.CA INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-30/60/90
Neighbourhood-1031 - DP Dorset Park
Title-Residential Condo & Other

No agent assigned

Welcome to 296 Wilson Drive. This mostly original 3 bedroom, 1 bathroom townhouse is located in the highly sought after Milton community of Dorset Park. Ideal for first-time buyers, those looking to downsize or those looking for a family home. The location is walking distance to schools, parks, neighbourhood shopping, GO Station, Conestoga College and just a short drive to Hwy 401. Inside is a bright and spacious layout featuring the main floor, upstairs area and a basement. The basement offers the option of potentially more living space using your creativity. Enjoy your own fenced backyard space through the sliding back door. This must see rare to find all original town home brings choice to move in as it is, or to renovate. The well managed complex offers the opportunity to live well and invest in Milton.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,484/mo
Mortgage $1,609
Monthly Loss $2,061
Principal$424
Interest$1,186
Property Tax$187
Condo Fees$488
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.4%8
5-Year IRR
16.2%78
10-Year IRR
15.7%
Returns Index
41.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$33,480/yr
NOI
$19,635/yr
Net Cash Flow
$27/mo
Cash Margin
1.0%6
Cash Flow Index
5.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0228
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
37.4/ 100

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

Comparables

Properties near 296 Wilson Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.