38 Gleave Terrace, Milton

$698,800
38 Gleave Terrace

$698,800

Price Change
24d
Att/Row/Townhouse3-Storey

38 Gleave Terrace, Milton

Total Monthly Obligation $3,494

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
24d
Score
19
Yield
4.9%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Att/Row/Townhouse
MLS® Number-W13838730
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-26.62 × 44.36 ft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$3,608 (2026)
Parking-3 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-METROPARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete, Slab
Sewer-Sewer
Possession-Flexible
Neighbourhood-1033 - HA Harrison
Title-Residential Freehold

No agent assigned

This Premium END UNIT Townhome Offers Highly Sought After Features at Incredible Value! Long Driveway, No Sidewalk, Deep Garage, Parking For 3 Vehicles, 100% Freehold w/No Monthly POTL Or Condo Fees & Stunning Views of The Niagara Escarpment. Beautiful Red Brick Exterior with Decorative Gable Ornament, Landscaped Yard & Large Private Terrace Provide Timeless Curb Appeal. Located On a Calm Tree-Lined Street in A Family-Friendly Community Just Steps to Schools, Grocery, Drug Store, Banks, Daycare, & Restaurants. Experience Low Maintenance Living with Four Large Parks in the Subdivision, & One Right Across the Street! Functional Layout w/Separate Entrance from Garage. Built by Industry Leader Mattamy Homes & Lovingly Maintained by Original Owners. Carpet Free Throughout w/Tile on Lower Level, Brazilian Oak Hardwood On 2nd Level, & New Laminate Flooring On 3rd Level. New Furnace & HWT (2023), Newly Painted Throughout (2025), New Blinds (2025), Smart Thermostat, Central Vac Rough-In. This Is a Perfect Opportunity For 1st Time Buyers or Those Looking to Downsize. Enjoy Milton's Conservation Areas, Golf Courses, Premium Outlets, Charming Main Street & So Much More. Close To Major Highways & Go Train for Easy Commuting.

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

Closing Costs

Mortgage Amount
$559,040
Land Transfer Taxes$10,451
Legal Fees (Est.)
$
Total cash required for closing$151,711

Total Monthly Obligation

$3,494/mo
Mortgage $2,819
Monthly Loss $2,753
Principal$742
Interest$2,077
Property Tax$301
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.8/ 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
$34,020/yr
NOI
$22,510/yr
Net Cash Flow
-$943/mo
Cash Margin
-33.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
24.0/ 100

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

Comparables

Properties near 38 Gleave Terrace

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.