116 Dixon Drive, Milton

$1,389,999
116 Dixon Drive

$1,389,999

New
29d
Detached2-Storey

116 Dixon Drive, Milton

Total Monthly Obligation $6,464

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
29d
Score
16
Yield
3.5%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-W13826006
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-59.38 × 88.39 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,787.83 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE MEADOWTOWNE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1029 - DE Dempsey
Title-Residential Freehold

No agent assigned

Welcome to 116 Dixon Drive, ideally situated in Milton's sought after Dempsey neighbourhood. This beautiful upgraded home offers a dynamic, open concept layout featuring designer finishes, upgraded lighting, a recently renovated spiral staircase, contemporary interior railings and matching luxury flooring throughout. The impressive finished basement is designed for entertaining, complete with a bar and entertainment room, generous storage and a private workshop. Extensive exterior upgrades include a new roof, insulated garage doors, enhanced attic and above garage insulation, a lawn sprinkler system, exterior lighting, maintenance free vinyl veranda columns and railings, and a maintenance free vinyl fenced backyard. Additional conveniences include an owned hot water tank and electrical rough-in for a future hot tub. Just steps from schools, the library, sports fields, shops and restaurants, with quick access to Highway 401, this is one of Milton's most convenient locations. Move in and enjoy!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,111,999
Land Transfer Taxes$24,275
Legal Fees (Est.)
$
Total cash required for closing$303,775

Total Monthly Obligation

$6,464/mo
Mortgage $5,607
Monthly Loss $4,989
Principal$1,475
Interest$4,131
Property Tax$482
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.1/ 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
$49,320/yr
NOI
$34,100/yr
Net Cash Flow
-$2,765/mo
Cash Margin
-67.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.4/ 100

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

Comparables

Properties near 116 Dixon 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.

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Data last updated within the past 24 hours.