$859,900

For sale

226 Elmwood Crescent, Milton (OM Old Milton) - Single Family for Sale

226 Elmwood Crescent, Milton (OM Old Milton), Ontario, L9T1C4

3 beds1 bath6 parking900 ft²71 × 120 ft (8,520 sq ft) lot sizeListed 22 days ago

Overview

This 3-bedroom, 1-bathroom home in Milton is for sale offering roughly 900 sq ft of space. Listed at $859,900, it is attractively priced about 12% below the $979,900 median asking price in Milton. It has been on the market 22 days, fresher than the Milton average of 63 days.

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Description

*A RARE OPPORTUNITY IN OLD MILTON!* Take a trip back in time! Situated on an impressive 71 x 120 ft lot in one of Milton's established neighbourhoods, 226 Elmwood Crescent presents an exciting opportunity for renovators, builders and those with a vision. Offered for the first time in decades, this well-loved family home features three bedrooms, one bathroom and original hardwood flooring tucked beneath the existing carpeting, offering a wonderful opportunity to restore a piece of the home's original charm. Set on a generous lot surrounded by an evolving neighbourhood of beautifully renovated and updated homes, the possibilities here are worth exploring. Whether you're looking to breathe new life into the existing home or envision a custom residence tailored to your lifestyle, this property offers an exceptional canvas in a sought-after location. Enjoy the charm and convenience of Old Milton, with its mature surroundings and proximity to downtown amenities, parks, schools and everyday essentials. Bring your imagination and discover the potential of this remarkable property! (id:66096)

Property Details

MLS®: W14011950
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 71 × 120 ft (8,520 sq ft)
Frontage: 71 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Carport, No Garage
Ownership: Freehold
Property Tax: $3,800/yr
Listed

Rooms

Main level

Living room: 4.36 x 4.81 meters
Dining room: 2.66 x 1.96 meters
Kitchen: 2.2 x 2.93 meters
Primary Bedroom: 3.67 x 2.95 meters
Bedroom 2: 4.15 x 2.54 meters
Bedroom 3: 3.05 x 2.58 meters

Basement

Recreational, Games room: 6.33 x 3.52 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Milton (OM Old Milton) listings, avg age

63d

Price / ft²

$955

List price

$860K

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 (OM Old Milton) has been listed for 22 days, which is 41 days fresher than the city average of 63. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · SCOTT B. PRIOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9T)

This home lists at $859,900, about 6.8× the local median household income of $126,000.

Carrying it typically needs a household income of about $167,969 (20% down, 25-yr amortization, stress-tested) — roughly 33% 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)

$859,900· $955/ft²

For sale

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Full Cost Breakdown

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Down Payment7.09% · $60,990

Min 7.09%50%

Mortgage payment$4,429/mo

↳ CMHC premium ($31,956 capitalized)

Property tax (est.)$317/mo

Total monthly$4,746

Cash Needed to Close

Down payment (7.09%)$60,990

Land transfer tax$13,673

Est. closing costs$5,080

Total cash needed$79,743

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