$2,750,000

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1013 Lower Base Line, Milton (TR Rural Trafalgar) - Single Family for Sale

1013 Lower Base Line, Milton (TR Rural Trafalgar), Ontario, L9T5S3

3136 Lower Base Line West, Milton (TR Rural Trafalgar), Ontario, L9E0K6

6 bd5 ba15 pk4,250 ft²Lot size 150 × 150 ft (22,500 sq ft)

Listed by SAM MCDADI REAL ESTATE INC.

4379 Henderson Road, Milton (TR Rural Trafalgar), Ontario, L9E0K2

For sale

41 days ago

$2.70M

4379 Henderson Road, Milton (TR Rural Trafalgar), Ontario, L9E0K2

3 bd2 ba12 pk2,750 ft²Lot size 165 × 676 ft (2.56 acres)

Listed by Royal LePage Meadowtowne Realty Inc., Brokerage

825 Lower Base Line West, Milton (TR Rural Trafalgar), Ontario, L9E0T3

For sale

47 days ago

$3.69M

825 Lower Base Line West, Milton (TR Rural Trafalgar), Ontario, L9E0T3

4 bd4 ba10 pk2,750 ft²Lot size 500 × 539 ft (6.19 acres)

Listed by SAM MCDADI REAL ESTATE INC.

5438 Trafalgar Road, Milton (TR Rural Trafalgar), Ontario, L9E0Y8

For salePrice drop

113 days ago

$1.55M$1.65M

↓ $100K (6%) price drop

5438 Trafalgar Road, Milton (TR Rural Trafalgar), Ontario, L9E0Y8

3 bd2 ba10 pk1,750 ft²Lot size 150 × 150 ft (22,500 sq ft)

Listed by RE/MAX REAL ESTATE CENTRE INC.

Investment analysis

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$2,750,000

Milton

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3 beds1 bath20 parking1,300 ft²240 × 1004 ft (5.52 acres) lot sizeListed 5 days ago

Overview

This 3-bedroom, 1-bathroom home in Milton is for sale offering roughly 1,300 sq ft of space. Its $2,750,000 asking price sits right in line with the $2,750,000 median in Milton. It has been on the market 5 days, fresher than the Milton average of 101 days.

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Description

An exceptional and rare opportunity to acquire 4.54 Acres situated on the north east corner of Trafalgar Rd & Lower Base Line, East, Milton. Positioned directly in path of GTA Expansion, just north of 407/ETR & a short distance from new proposed 413 Corridor and Major upcoming Residential Developments. This is where growth is heading towards. This property offers long term constraints with over 1000 feet frontage on Trafalgar Rd. This property is strategically positioned for future employment/light commercial or mixed use potential as urban boundaries expand and priced at a compelling price for land bankers, investors or owner-users looking to secure land ahead of infrastructure appreciation. This property features a 3 Bedroom Bungalow along with an existing outside Building Storage Shed. Seller will consider leasing back portion of land, terms to be negotiated. PLEASE NOTE SELLER WILL CLEAR ANY ACCESS SCRAP AND DEBRIS FROM THE SITE PRIOR TO THE CLOSING DATE. (id:66096)

Property Details

MLS®: W14134408
Property Type: Single Family
Zoning: Res/AGR 1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 20
Interior Size: 1,300 ft²
Lot Size: 240 × 1004 ft (5.52 acres)
Frontage: 240 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, N/A
Heating: Forced air, Oil
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $6,400/yr
Listed: 5 days ago

Rooms

Main level

Bedroom 2: 3 x 3 meters
Living room: 3 x 4 meters
Dining room: 3 x 3 meters
Primary Bedroom: 4 x 3 meters
Kitchen: 3 x 3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Hardwood, Laminate
Foundation: Brick
Exterior: Brick

Services

Sewer: Holding Tank

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Milton (TR Rural Trafalgar) listings, avg age

101d

Price / ft²

$2,115

List price

$2.75M

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.

Haho

This 3-bed single family in Milton (TR Rural Trafalgar) has been listed for 5 days, which is 96 days fresher than the city average of 101. Act while there is still low competition.

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Listed by ROYAL LEPAGE MAXIMUM REALTY · MIKE DEFILIPPIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9T)

This home lists at $2,750,000, about 21.8× the local median household income of $126,000.

Carrying it typically needs a household income of about $537,171 (20% down, 25-yr amortization, stress-tested) — roughly 326% above the area median.

Median household income: $126,000
Population: 110,956
Median age: 36.4
Owner / renter: 83% / 17%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L9T)

$2,750,000· $2,115/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $550,000

Min 20%50%

Mortgage payment$11,728/mo

Property tax (est.)$533/mo

Total monthly$12,261

Cash Needed to Close

Down payment (20%)$550,000

Land transfer tax$55,225

Est. closing costs$10,750

Total cash needed$615,975

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