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$12,250,000
Milton
100 Bronte Street South, Milton (OM Old Milton), Ontario, L9T1Y8
This multi-family property in Milton is for sale. It has been on the market 14 days, fresher than the Milton average of 62 days.
The Rose District presents an exceptional opportunity to acquire a modern, purpose-built mixed-use investment property in the heart of Milton. Completed in 2016, this three-storey building features 24 existing residential suites, plus three permitted, roughed-in one-bedroom suites offering additional rental income potential upon completion, for a total of 27 suites. The residential component includes a mix of one- and two-bedroom layouts, select suites with dens, contemporary finishes, stainless steel appliances and in-suite laundry. The commercial component comprises approximately 6,410 SF across four ground-floor units, occupied by an established mix of medical, dental, pharmacy and retail tenants. Situated on approximately 1.01 acres with 60 parking spaces, the property benefits from a central Milton location minutes from Downtown Milton, shopping, restaurants, public transit and major transportation routes. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 62 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.
This multi-family in Milton (OM Old Milton) has been listed for 14 days, which is 48 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $12,250,000, about 97.2× the local median household income of $126,000.
Carrying it typically needs a household income of about $2,392,854 (20% down, 25-yr amortization, stress-tested) — roughly 1799% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9T)
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Loading rates, 30-yr amortization
Cash Needed to Close
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