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1035 - OM Old Milton, Milton
$1,050,000
Prime 60' x 140' lot in one of Milton's most sought-after transitioning neighbourhoods. Surrounded by the charm of mature Old Milton and an abundance of newly built custom homes, this property presents an exceptional opportunity for homeowners, builders, and investors alike. Included in the purchase is a complete architectural and construction package for a stunning approximately 3,800 sq. ft. custom residence featuring 4 bedrooms, 6 bathrooms, and a fully finished walk-up basement. Demolition and construction permit applications have already been submitted to the Town of Milton, with all associated permit fees paid by the Seller, providing substantial time and cost savings for the next owner. Whether you choose to proceed with the approved redevelopment plans, build your own custom dream home, or renovate and restore the existing 3-bedroom bungalow, the possibilities are endless. Enjoy the peaceful character of this established neighbourhood while remaining close to every convenience. Located minutes from excellent schools, parks, shopping, restaurants, Milton GO Station, Milton District Hospital, and major highways, this location offers the perfect balance of lifestyle and accessibility. With no sidewalk, the property offers additional driveway parking and enhanced lot usability. Milton continues to be one of the GTA's most vibrant and rapidly growing communities, making this a rare opportunity to secure a premium lot with a significant head start on development.An exceptional property with tremendous potential in a highly desirable location.
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| Type | Detached |
| Style | 1 Storey/Apt |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,890 |
| Lot Size | 60 ft x 139.96 ft |
| mls© Number | W13428186 |
| Listed By | RE/MAX ESCARPMENT REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,374
- Property tax
- $324
- Heat allowance
- $150
- Housing costs
- $5,849 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,419 / mo
- Cash down
- $210,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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