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New7 days ago

15 - 9033 Derry Road

1027 - CL Clarke, Milton

$1,479,999

Condo Townhouse |
3 | 4 | 2 | 0
About this home

Welcome to this exceptional three-storey mixed-use commercial and residential property located on high-traffic Derry Road. Offering outstanding exposure and endless potential, this unique property is ideal for investors, business owners, or those seeking a live-work opportunity. The upper residential space provides comfortable living, while the commercial component benefits from excellent visibility and consistent traffic. A spacious unfinished basement offers incredible potential for future expansion, additional residential units, commercial use, storage, or other income-generating possibilities (subject to approvals). Situated in a prime location close to major amenities, transit, and highways, this versatile property presents a rare opportunity to maximize both lifestyle and investment potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Townhouse
Style3-Storey
Approx. Age11-15
Size3000-3249 sq. ft.
Maintenance Fees$838
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeAttached
Parking Spaces2
Parking FeaturesSurface
Property Tax$8,390
mls© NumberW13615594
Listed ByCENTURY 21 PROPERTY ZONE REALTY INC.
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,575
Property tax
$699
Heat allowance
$150
Condo fees, half counted
$419
Housing costs
$8,844 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $296,000
25-yr amortization

Income needed

$272,000

gross annual household income

Payment at 4%
$6,228 / mo
Cash down
$296,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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