1556 Cookman Drive, Milton

$1,449,900
1556 Cookman Drive

$1,449,900

New
35d
Detached2-Storey

1556 Cookman Drive, Milton

Total Monthly Obligation $6,693

Beds
5
Baths
4
Park
2
Sqft
2500-3000
DOM
35d
Score
16
Yield
3.5%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W13801290
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-36.09 × 88.58 ft
Listed on site-Sep 18, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$5,632.1 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-Platinum Lion Realty Inc
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-1025 - BW Bowes
Title-Residential Freehold

No agent assigned

Introducing 1556 Cookman Dr, a new, one-of-a-kind home where luxury meets thoughtful design, ideally situated on a premium fully fenced lot backing onto tranquil green space w/ lush trees, offering a rare sense of privacy & natural beauty. Meticulously curated by a professional interior designer, w/ thousands invested to elevate every detail from start to finish, this extensively upgraded residence boasts approx $200K in custom upgrades, ensuring an unparalleled living experience. Spanning nearly 2,800 sq.ft. this spacious home features 5 bdrms on the upper level & 4 bthrms in total (each w/ 2 sinks). The open-concept main flr boasts a generous chef's kitchen w/ quartz countertops, upgraded cabinetry, soft-close finishes, a large W/I pantry, oversized island, ample counter space, custom backsplash, under-mount lighting, art deco inspired lighting & brass fixtures. Premium upgrades include smooth 9-ft ceilings throughout, 7.5" wide plank engineered oak hardwood flrs, upgraded cabinetry throughout, stone countertops, oversized 8 ft interior doors, enhanced lighting with pot lights & dimmers, designer inspired light fixtures, upgraded plumbing fixtures & hardware, along with oversized trim & baseboards.The 2nd flr offers a rare & highly functional layout with 5 spacious bedrooms & 3 upgraded bathrooms, including a luxurious primary ensuite w/ a glass-enclosed shower, standalone tub, stone countertops, upgraded cabinetry & luxury plumbing fixtures. Additional highlights include a 200 AMP electrical panel, upgraded fireplace mantle, main floor office nook, 2nd floor laundry, custom drapery & a 3-piece basement rough-in for future customization.Don't miss your chance to own this fully upgraded dream home offering luxury, style & convenience all in one. Located close to local shops, grocery stores, restaurants, Starbucks, parks & great schools. Just 8 mins to HWY 401, 10 mins to Milton GO Station, 11 mins to Toronto Prem. Outlets & 25 mins to Pearson Airport. Built 2024.

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

Closing Costs

Mortgage Amount
$1,159,920
Land Transfer Taxes$25,473
Legal Fees (Est.)
$
Total cash required for closing$316,953

Total Monthly Obligation

$6,693/mo
Mortgage $5,848
Monthly Loss $5,154
Principal$1,539
Interest$4,309
Property Tax$469
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.0%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$50,640/yr
NOI
$35,444/yr
Net Cash Flow
-$2,895/mo
Cash Margin
-68.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
15.2/ 100

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

Comparables

Properties near 1556 Cookman 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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.