68 Mills Road, Brighton

$584,900
68 Mills Road

$584,900

New
23d
DetachedBungalow

68 Mills Road, Brighton

Total Monthly Obligation $3,144

Beds
2
Baths
2
Park
4
Sqft
1500-2000
DOM
23d
Score
21
Yield
5.6%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-X13843570
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-53.02 × 109.62 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,921 (2025)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Energy Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Brighton
Title-Residential Freehold

No agent assigned

Welcome To 68 Mills Road, Nestled In The Highly Sought-After Adult Lifestyle Community Of Brighton By The Bay. This Beautifully Maintained, Move-In Ready Bungalow Offers The Perfect Blend Of Comfort, Convenience, And Low-Maintenance Living. Featuring 2 Bedrooms, 2 Bathrooms, And A Double-Car Garage, This Home Is Ideal For Downsizers Seeking Spacious One-Level Living. The Thoughtfully Designed Main Floor Boasts An Expansive Layout With A Bright, Well-Appointed Kitchen Overlooking The Dining Area, Complete With A Walk-Out To The Deck-Perfect For Morning Coffee Or Outdoor Entertaining Featuring An Awning For Both The Back Deck & Front Porch As Well As Irrigation System. A Generous Living Room And Separate Family Room Provide Multiple Spaces To Relax, Unwind, And Host Family And Friends. The Primary Suite Serves As A Private Retreat, Featuring A Walk-In Closet And A 4-Piece Ensuite Bath. A Second Bedroom And Full Bathroom Offer Comfort And Flexibility For Guests Or A Home Office. Freshly Painted Throughout And Complemented By Mostly Newer Appliances, This Home Is Truly Turnkey. Located Just Minutes From Shopping, Dining, Recreation, And All The Amenities Brighton Has To Offer, This Is An Exceptional Opportunity To Enjoy A Vibrant Community And Carefree Lifestyle. Your Next Chapter Begins Here.

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

Closing Costs

Mortgage Amount
$467,920
Land Transfer Taxes$8,173
Legal Fees (Est.)
$
Total cash required for closing$126,653

Total Monthly Obligation

$3,144/mo
Mortgage $2,359
Monthly Loss $2,524
Principal$621
Interest$1,738
Property Tax$410
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.4%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$33,000/yr
NOI
$20,279/yr
Net Cash Flow
-$669/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.6/ 100

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

Comparables

Properties near 68 Mills Road

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.