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$589K · 2 bed Condo Apartment · 1028 - CO Coates, Milton | MyPropertyScout

$589,000

Unit 701

22TenantOccupied

Map

$589,000

C●●○○○DOM94days

Unit 701

8010 Derry Road · Milton · Ontario L9T 9N3

MLS® W12910402 · 1028 - CO Coates · L9T 9N3

22TenantOccupied700-799 ft²Condo Apartment1-car Underground94d$786/ft²$2,765 tax/yrBuilt 20233 yrs old

5% above market · regional est. · 94 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Experience contemporary living at Connect Tower A in Milton's desirable Derry Road area. This well-designed 2 bedroom, 2 bathroom unit offers 729 sq ft of interior space plus a 100 sq ft private balcony, with abundant natural light through expansive windows. The modern kitchen features quartz countertops, sleek cabinetry, and premium built-in appliances, while the open- concept layout is complemented by high-quality wide plank laminate flooring throughout. Conveniently located steps to Food Basi…

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Property details

MLS#: W12910402
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 700-799
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Arts Centre, Golf, Hospital, Library, Park

Condo corp #: 0
Balcony: Open
Locker: Owned
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Derry Rd W/Ontario St S
Basement: None
Stories: 7
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: None

Rooms

Level	Room	Dimensions
Main	Kitchen	2.44m × 3.05m
Main	Living Room	3.28m × 4.01m
Main	Dining Room	3.28m × 4.01m
Main	Primary Bedroom	3.12m × 3.05m
Main	Bedroom 2	2.82m × 3.33m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX GOLD REALTY INC.

Source: TRREB/PROPTX · MLS® W12910402

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$589K

Unit 701 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $589,000✓ $2,765 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,060/mo

incl. closing costs (yr 1)

Annual total

$60,718

year 1

Mortgage only

$2,234/mo

principal + interest

Beyond mortgage

$1,679/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$117,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$230/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,890/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$44/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,255

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $26,814/yr

Property taxes18% $11,020/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,890/yr

Condo fees10% $6,334/yr

Closing costs8% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,814	$2,234/mo
Government & taxes
Property tax	$2,765	$230/mo
Land transfer tax(closing)	$8,255	$688/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,890	$491/mo
Condo fees
Condo / HOA fees	$6,334	$528/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$60,718	$5,060/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 701

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs