1422 Orr Terrace, Milton

$1,289,000
1422 Orr Terrace

$1,289,000

New
9d
Detached2-Storey

1422 Orr Terrace, Milton

Total Monthly Obligation $6,034

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
9d
Score
15
Yield
3.5%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-W14031870
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-36.15 × 88.72 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,519 (2026)
Parking-4 - Attached
Basement-Unfinished, Separate Entrance, Full
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Services Ltd., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-120/Flex
Neighbourhood-1032 - FO Ford
Title-Residential Freehold

No agent assigned

Stylish & updated family home backing onto a ravine! 2362 sqft above grade, 4 bed, 2.5 bath, 2 car garage with in-law suite potential via separate entrance. Attractive brick exterior, peaked rooflines with architectural detailing, and decorative shutters. 9' ceilings on the main floor with smooth ceilings, hardwood & freshly painted with on trend colours. The kitchen boasts a massive centre island with granite counters, bar seating & built in storage. Samsung stainless steel appliances, grey subway style backsplash, shaker style cabinets with polished brass pulls complete the space. Adjacent breakfast room features a walkout to the back deck & BBQ with gas line. Stunning living room finished with a gas fireplace with stone surround & wood mantle & overlooking backyard & ravine. The dining room flows naturally into the kitchen & living room but benefits from being its own defined space. The main floor also features a convenient office, powder room, inside access to the garage, additional separate side entrance to the basement, and multiple closets with built-in shelving & organizers. The primary bedroom includes a very large walk-in closet with built-in organizers and 5 pc ensuite boasting a soaker tub (with ravine views), double vanity & glass enclosed shower. 2nd floor also features an upgraded 4pc bath & 3 additional spacious bedrooms all with double closets, hardwood & large windows. Desirable 2nd floor laundry with side-by-side Samsung washer & dryer, quartz countertop, textured backsplash & modern wallpaper. Basement has a separate entrance & large windows perfect for future in-law suite reno. Fully fenced backyard with lawn, deck, BBQ w gas line & no rear neighbours! Situated in the sought after Ford neighbourhood with enviable access to great schools, greenspace (Kelso Conservation area), golf (Rattlesnake Point) & shops! Quick drive to major highways (401, 407 & 403). A perfect family home in the right location! Msg listing agent for upgrade list.

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Closing Costs

Mortgage Amount
$1,031,200
Land Transfer Taxes$22,255
Legal Fees (Est.)
$
Total cash required for closing$281,555

Total Monthly Obligation

$6,034/mo
Mortgage $5,199
Monthly Loss $4,666
Principal$1,368
Interest$3,831
Property Tax$460
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.8%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$44,796/yr
NOI
$30,297/yr
Net Cash Flow
-$2,675/mo
Cash Margin
-71.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.8/ 100

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

Comparables

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