$1,399,000

For saleJust listed

166 Forbes Terrace, Milton (SC Scott) - Single Family for Sale

166 Forbes Terrace, Milton (SC Scott), Ontario, L9T0S6

5 beds5 baths4 parking2,750 ft²43 × 101 ft (4,353 sq ft) lot sizeListed 2 days ago

Overview

This 5-bedroom, 5-bathroom home in Milton is for sale offering roughly 2,750 sq ft of space. It has been on the market 2 days, fresher than the Milton average of 39 days.

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Description

Welcome to this Heathwood Traditions- Forest Collection, Cloverdale model-an exceptional home backing onto the forest, perfectly designed for family living and effortless entertaining. Located in the highly sought after Scott neighbourhood, this spacious home features: 4+1 bedrooms and 4.5 bathrooms, and has over 3500 square feet of living space. Espresso hardwood flooring throughout the main floor and upper floor, Custom built-in closets in the primary bedroom suite, The Main-floor highlights including a recently finished private home office with scenic forest views and an updated, functional mudroom. A finished basement with an additional bedroom, full bathroom, and a spacious laundry room plus a large rec room. Enjoy this incredible neighbourhood with convenience with a short walk to the Sherwood Community Centre, the public library, and vibrant downtown Milton. Top-rated schools, family parks, and local conservation areas are also just minutes away. (id:66096)

Property Details

MLS®: W14140350
Property Type: Single Family
Zoning: RMD1*79
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 43 × 101 ft (4,353 sq ft)
Frontage: 43 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Rooms

Second level

Primary Bedroom: 3.88 x 5.45 meters
Bedroom 2: 5.29 x 3.57 meters
Bedroom 3: 4.53 x 3.65 meters
Bedroom 4: 4.77 x 3.04 meters
Bathroom: 2.4 x 1.89 meters

Main level

Mud room: 2.43 x 2.13 meters
Dining room: 5.71 x 4.96 meters
Living room: 5.81 x 4.76 meters
Office: 3.1 x 3.21 meters
Eating area: 2.86 x 4.54 meters

Features

Appliances: Central Vacuum
Foundation: Concrete
Exterior: Brick
Lot Features: Backs on greenbelt

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Milton (SC Scott) listings, avg age

39d

Price / ft²

$509

List price

$1.40M

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 5-bed single family in Milton (SC Scott) has been listed for 2 days, which is 37 days fresher than the city average of 39. Act while there is still low competition.

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Listed by REVEL REALTY INC. · DARREN HAYDAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9T)

This home lists at $1,399,000, about 11.1× the local median household income of $126,000.

Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 117% 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)

$1,399,000· $509/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,900.00

Min 8.21%50%

Mortgage payment$7,119/mo

↳ CMHC premium ($51,364 capitalized)

Property tax (est.)$508/mo

Total monthly$7,627

Cash Needed to Close

Down payment (8.21%)$114,900

Land transfer tax$24,455

Est. closing costs$6,697

Total cash needed$146,052

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