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Listed 27 days ago

283 W Parkway Drive

1035 - OM Old Milton, Milton

$1,500,000

Detached|Backsplit 4
3 | 3 | 6
About this home

Welcome to this beautifully maintained backsplit situated on an exceptionally rare 62' x 162' oversized lot in one of Milton's most sought-after, family-friendly neighbourhoods. Offering over 2,000 sq. ft. of finished living space, 4 bedrooms, 3 bathrooms, a double car garage, and an oversized driveway, this home combines space, comfort, and endless outdoor potential. Lots of this size are becoming increasingly difficult to find, making this a rare opportunity to own one of Old Milton's larger properties. Step inside to a bright and functional layout featuring hardwood flooring, spacious principal rooms, and a sun-filled eat-in kitchen with ample cabinetry and generous counter space. The separate dining room is ideal for family gatherings, while the lower-level family room is the heart of the home, featuring a stunning wood-burning brick fireplace and large sliding glass doors overlooking the backyard, creating the perfect indoor-outdoor space for relaxing or entertaining. The backyard is the true showpiece. Set on an impressive 62' x 162' lot, this private outdoor oasis features an in-ground chlorine pool, expansive deck with pergola, mature trees, and an abundance of green space rarely found in today's market. Whether you're hosting summer gatherings, watching the kids play, or simply enjoying the privacy of your own backyard retreat, this property offers a lifestyle that's hard to replicate. Major updates include roof (approx. 7 years), furnace (2023), air conditioner (2023), and water softener (2023). Ideally located in the heart of Old Milton, you're just minutes from top-rated schools, parks, walking trails, Milton Sports Centre, downtown Milton, shopping, restaurants, Milton District Hospital, GO Transit, and Highway 401. Known for its mature tree-lined streets and generously sized lots, this is one of Milton's most established and desirable neighbourhoods.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBacksplit 4
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,245
Lot Size62.04 ft x 162.21 ft
mls© NumberW13545672
Listed ByRE/MAX ESCARPMENT GOLFI REALTY INC.

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%
$7,678
Property tax
$437
Heat allowance
$150
Housing costs
$8,265 / mo

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

Down payment20% · $300,000
25-yr amortization

Income needed

$254,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$300,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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