8010 Derry Road 1007, Milton

$569,999
8010 Derry Road 1007

$569,999

New
4d
Condo Apartment1 Storey/Apt

8010 Derry Road 1007, Milton

Total Monthly Obligation $3,444

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
4d
Score
18
Yield
5.5%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-W14092510
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,174.43 (2025)
Maintenance-$680.49/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Tenant / TBD
Neighbourhood-1028 - CO Coates
Title-Residential Condo & Other

No agent assigned

Welcome to Connectt Condos in the Heart of Milton! Experience modern elegance and exceptionalconvenience in this bright and spacious 10th-floor suite featuring 2 bedrooms plus a versatileden and 2 full bathrooms. Thoughtfully designed with an open-concept layout, expansivewindows, and an abundance of natural light, this beautiful condo offers the perfectcombination of style, comfort, and functionality. The contemporary kitchen boasts stainlesssteel appliances, upgraded cabinetry, a centre island, and seamless flow into the invitingliving and dining areas, ideal for both everyday living and entertaining. The spacious primarybedroom features a walk-in closet and private ensuite, while the additional bedroom and denprovide flexibility for families, professionals, or those working from home. Enjoy theconvenience of in-suite laundry, one underground parking space, and a storage locker.Residents benefit from impressive building amenities, including a modern fitness centre,outdoor terrace, party room, and 24/7 concierge and security services. Ideally located nearMilton GO Station, Highways 401 and 407, Milton District Hospital, excellent schools, parks,shopping, restaurants, and the beautiful Kelso Conservation Area. Perfect for first-timebuyers, growing families, downsizers, and investors seeking modern living in a highlyconvenient location. An incredible opportunity to own in Milton's desirable Connectt Condoscommunity. Don't miss it!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$455,999
Land Transfer Taxes$7,875
Legal Fees (Est.)
$
Total cash required for closing$123,375

Total Monthly Obligation

$3,444/mo
Mortgage $2,299
Monthly Loss $2,839
Principal$605
Interest$1,694
Property Tax$265
Condo Fees$680
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.5%21
10-Year IRR
8.8%
Returns Index
11.6/ 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
$31,596/yr
NOI
$14,696/yr
Net Cash Flow
-$1,075/mo
Cash Margin
-40.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.2/ 100

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

Comparables

Properties near 8010 Derry Road 1007

Time

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Data last updated within the past 24 hours.