716 Main Street E 905, Milton

$499,900
716 Main Street E 905

$499,900

Price Change
18d
Condo ApartmentApartment

716 Main Street E 905, Milton

Total Monthly Obligation $2,935

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
18d
Score
22
Yield
6.6%
Cash on Cash
0.1%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.7%
Property Type-Condo Apartment
MLS® Number-W13861684
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,770.58 (2025)
Maintenance-$487.58/mo
Locker-Owned
Parking-1 - Surface
Basement-None
Heating-Fan Coil (Electric)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60 Days
Neighbourhood-1037 - TM Timberlea
Title-Residential Condo & Other

No agent assigned

Best Value! Welcome to this bright and spacious 2+1 bedroom, 2 full bathroom condo in the heart of Milton ideally located near Main Street and Thompson Road. Featuring premium modern finishes throughout, this pone-concept suite offers a functional layout designed for comfortable everyday living. The stylish galley kitchen boasts ample cabinetry, generous counter space, all appliances, seamlessly overlooking the living area. The spacious living room walks out to a private balcony with unobstructed views, creating the perfect space to relax or entertain. The versatile den is ideal for a home office, guest room, or additional bedroom. The primary bedroom is large with lots of closet space, oversized windows, and a private 3-piece ensuite. a nice sized second bedroom and additional full bathroom provide flexibility for families, professionals, or downsizers. Complete with parking a locker, this exceptional unit offers convenience and value in one of Milton most desirable locations. Just minutes from highways, restaurants, grocery stores, shopping, parks, and everyday amenities. A fantastic opportunity for first-time buyers, investors, or anyone seeking modern condo living in a vibrant community.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,935/mo
Mortgage $2,016
Monthly Loss $2,404
Principal$531
Interest$1,486
Property Tax$231
Condo Fees$488
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.9%49
10-Year IRR
12.2%
Returns Index
25.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$33,204/yr
NOI
$18,862/yr
Net Cash Flow
-$445/mo
Cash Margin
-16.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.8/ 100

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

Comparables

Properties near 716 Main Street E 905

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.