610 Farmstead Drive 126, Milton

$489,900
610 Farmstead Drive 126

$489,900

Price Change
30d
Condo ApartmentApartment

610 Farmstead Drive 126, Milton

Total Monthly Obligation $2,763

Bed+Den
2+1
Baths
1
Park
2
Sqft
700-799
DOM
30d
Score
20
Yield
5.6%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-W13818936
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,258.03 (2026)
Maintenance-$398.81/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Poured, Other
Roof-Flat
Possession-Flexible
Neighbourhood-1038 - WI Willmott
Title-Residential Condo & Other

No agent assigned

Sophisticated urban living in Milton's most sought-after community. This main-floor 1-bed plus den showcases 9-foot ceilings, open-concept layout, carpet-free and a stunning white kitchen with quartz countertops and stainless steel appliances. In-suite laundry, south-facing balcony with complete privacy, and abundant natural light throughout. The separate enclosed den works perfectly as a home office, guest suite, or creative studio. Two underground parking spaces, building fitness center, party room, and secure amenities. Prime location near schools, healthcare, shopping, transit, and highways. Central air, heat exchange, exclusive locker, move-in ready. Pet-friendly with restrictions and dog-run on site. Maintenance $398.81/month includes building insurance, common elements and parking.

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

Closing Costs

Mortgage Amount
$391,920
Land Transfer Taxes$6,273
Legal Fees (Est.)
$
Total cash required for closing$105,753

Total Monthly Obligation

$2,763/mo
Mortgage $1,976
Monthly Loss $2,243
Principal$520
Interest$1,456
Property Tax$188
Condo Fees$399
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.2%
Returns Index
16.6/ 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
$27,336/yr
NOI
$15,159/yr
Net Cash Flow
-$713/mo
Cash Margin
-31.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.5/ 100

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

Comparables

Properties near 610 Farmstead Drive 126

Time

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Data last updated within the past 24 hours.