Milton condo building

610 Farmstead Drive

A dual-market building — owner-occupiers and investors compete for the same units here.

$560Kyou'd buy for
·
$2,488/moit rents for
=
5.3%gross yield

That 5.3% yield is the catch: it’s high enough that investors want these units too — so as a buyer here, you’re competing with landlords, not just other families.

The building, in brief

At a typical $560K to buy against $2,488 a month to rent, 610 Farmstead Drive runs a 5.3% gross yield — high enough that investors stay active alongside owner-occupiers. Leasing has been the busier side of its market over the past year. Its sold listings consistently feature Party & Meeting Room, Visitor Parking and Car Wash. The maintenance fee typically covers Building Insurance, Common Elements and Parking, and it's managed by Tag Property Management.

Its market · past 12 months

How active it is.

Recorded sale and lease activity — labelled as activity, never occupancy, and never a count small enough to point at one unit.

26%
74%
Resale activity · ~7 salesRental activity · ~20 leases

Leasing is the busier market — investors are active in this building, so you’ll compete with them, and your unit would let easily.

Steadily resold
how often a unit comes up
Briskly leased
rental turnover
55 on record
trades every number is drawn from
The sale / lease pairing

This building lives in two markets.

To buy
$560K
steadily resold · past year
Your buy-in — the typical closing price.
Gross yield
5.3%
annual rent ÷ price
To rent
$2,488/mo
briskly leased · past year
Rent it earns as an investment.
What it costs you

How it prices against Willmott.

This building$560K
Willmott typical$568K

Priced right in line with the Willmott market — no premium to argue over.

Inside the building

Amenities, from the building’s own sold listings.

Only what appears on two or more of this building’s sales (45 on record) — not a brochure.

Party & Meeting RoomVisitor ParkingCar WashGymBike StorageBBQ AreaElevatorConciergeMedia RoomRecreation Room
What your maintenance fee actually buys. Confirm the current list with management.
Running the building

Fees & management.

Maintenance fee includes
Building InsuranceCommon ElementsParkingHeat
Property management
Tag Property Management
Named on the building's most recent sales.
The wider market
$568K

is the typical condo price across Willmott, the backdrop this building trades against.

Miltonly · 610 Farmstead Drive

Two ways to stay ahead of this building.

How we built this page. Every figure comes from 610 Farmstead Drive’s own recorded sales and leases — nothing is estimated, and no listing’s description or private remarks are used. “Typical” means the median of five or more comparable trades; below that we say so rather than show a shaky number, we never display an individual unit’s price, and we only ever show whole-building proportions — never a count small enough to point at one owner. The short summary above is assembled sentence-by-sentence from these same aggregate numbers — composed, not written by a model. Where a building’s own record is thin, the Milton neighbourhood context carries the page.