391 Bell Street, Milton

$899,000
391 Bell Street

$899,000

New
28d
DetachedBungalow

391 Bell Street, Milton

Total Monthly Obligation $4,409

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
28d
Score
19
Yield
4.9%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-W13829006
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-60 × 125 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,888.08 (2026)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Living Room, Natural Gas, Wood
Pool-Inground
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-1035 - OM Old Milton
Title-Residential Freehold

No agent assigned

A LOT OF OPPORTUNITY with this Fantastic Property! Prime 65 x 125 ft ravine lot. Charming detached bungalow in the prestigious Old Milton/Bronte Meadows neighbourhood, offering pristine curb appeal and a warm, functional layout. The open-concept living and dining rooms offer a great space to entertain, anchored by a statement fireplace, while the bright kitchen sits conveniently next to the dining room with stainless steel appliances and ample counter and cupboard space. Lots of windows throughout bring in natural sunlight. The cozy family room, with its own brick fireplace and a walkout to the backyard, leads to the real showstopper: your own private retreat out back. This property backs directly onto ravine/parkland, surrounded by trees and greenery, giving a level of privacy and tranquility that's increasingly rare. No rear neighbours, just towering trees, birdsong, and peaceful quiet. The backyard oasis also features an in-ground pool, a deck, and beautiful landscaping. The main floor offers 2 spacious bedrooms and 2 full bathrooms, including a primary with a walk-in closet and its own private deck, perfect for reading and relaxing. The spacious basement adds a secondary living space with 2 additional bedrooms and a convenient 2-piece bathroom. A very well-kept home that shows true pride of ownership, move-in ready and a great fit for downsizers or small families. Leave the chaos behind. This is small town charm at its best, no hustle and bustle, just peaceful tree-lined streets, yet still close to all essential amenities: steps to Bronte Meadows Park, great schools, shopping, major highways, Milton GO Station, Milton District Hospital, and restaurants. Milton is a vibrant, fast-growing town high in demand, and this home sits in a transitioning neighbourhood surrounded by newly built custom homes. Build your own custom dream home, downsize, or renovate and restore this beautiful bungalow.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,409/mo
Mortgage $3,626
Monthly Loss $3,454
Principal$954
Interest$2,672
Property Tax$407
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$44,052/yr
NOI
$30,259/yr
Net Cash Flow
-$1,105/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
20.7/ 100

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

Comparables

Properties near 391 Bell Street

Time

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