1491 Maple Avenue 311, Milton

$695,000
1491 Maple Avenue 311

$695,000

New
29d
Condo Apartment1 Storey/Apt

1491 Maple Avenue 311, Milton

Total Monthly Obligation $3,863

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
29d
Score
18
Yield
5.1%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-W13823218
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 24, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$3,089.25 (2025)
Maintenance-$602.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Lakes Of Muskoka - Clarke Muskoka Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-TBA
Neighbourhood-1029 - DE Dempsey
Title-Residential Condo & Other

No agent assigned

Welcome to this 1,240 sq.ft. beautifully updated 3-bedroom, 2-bathroom condo offering the perfect blend of style, comfort, & convenience for low maintenance living. Step inside to discover a bright & spacious open concept living & dining area with new flooring throughout. The heart of this home is a newly renovated eat-in kitchen featuring granite countertops, stylish backsplash, sleek stainless steel appliances & ample cabinetry - ideal for home cooks & families alike! Enjoy your morning coffee or unwind at the end of the day on the oversized private balcony. Retreat to 3 generous bedrooms, including a primary suite with its own full bathroom, while a second full bathroom provides convenience for guests & family. In-suite laundry, forced air gas heat, A/C & wired for Bell Fibe plus 1 owned underground parking spot & storage locker for added convenience. Located in the vibrant, sought-after Dempsey neighborhood, this condo is just minutes from highway 401, the GO station, top-rated shopping, dining, schools & parks - offering everything you need right at your doorstep. Access to club house w/ party room, underground car wash & gym on-site. Don't miss this opportunity to own a stylish, move-in-ready home in an unbeatable location!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$556,000
Land Transfer Taxes$10,375
Legal Fees (Est.)
$
Total cash required for closing$150,875

Total Monthly Obligation

$3,863/mo
Mortgage $2,803
Monthly Loss $3,125
Principal$738
Interest$2,066
Property Tax$257
Condo Fees$602
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,376/yr
NOI
$19,125/yr
Net Cash Flow
-$1,210/mo
Cash Margin
-41.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.5/ 100

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

Comparables

Properties near 1491 Maple Avenue 311

Time

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