998 Balsam Court, Milton

$866,000
998 Balsam Court

$866,000

New
8d
Att/Row/Townhouse3-Storey

998 Balsam Court, Milton

Total Monthly Obligation $4,139

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
8d
Score
18
Yield
4.5%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Att/Row/Townhouse
MLS® Number-W14082016
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-31.33 × 44.36 ft
Listed on site-Oct 15, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$3,254 (2025)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-1026 - CB Cobban
Title-Residential Freehold

No agent assigned

UNOBSTRUCTED POND VIEWS & SUN-FILLED CORNER UNIT IN MILTON! A rare market opportunity in Milton! Situated on a desirable corner lot with serene, uninterrupted pond views, this immaculate 3-bedroom plus den townhome combines bright living spaces with everyday convenience.The thoughtful layout features a versatile ground-floor den with elegant French doors-perfect for a private home office, study, or an additional fourth bedroom. Sunlight pours through the large windows into the open-concept principal rooms. Upstairs, discover three generous bedrooms and two-and-a-half washrooms, offering plenty of space for a growing family.Parking is a breeze with a good-sized garage and a private driveway free of sidewalks, accommodating two medium-sized cars with ease. Located just minutes from neighbourhood parks, family-friendly schools, and convenience-packed shopping plazas.Don't miss this rare chance to own a prime corner property with unbeatable nature views.

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

Closing Costs

Mortgage Amount
$692,800
Land Transfer Taxes$13,795
Legal Fees (Est.)
$
Total cash required for closing$188,495

Total Monthly Obligation

$4,139/mo
Mortgage $3,493
Monthly Loss $3,220
Principal$919
Interest$2,574
Property Tax$271
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.4%32
10-Year IRR
10.1%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,060/yr
NOI
$27,400/yr
Net Cash Flow
-$1,210/mo
Cash Margin
-37.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.2/ 100

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

Comparables

Properties near 998 Balsam Court

Time

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