$985,000

$1,295,000For salePrice drop↓ $310,000 (24%)

5150 Tremaine Road, Milton - Single Family for Sale

5150 Tremaine Road, Milton, Ontario, L9E0L6

3 beds2 baths6 parking1,750 ft²150 × 150 ft (22,500 sq ft) lot sizeListed 49 days ago

Overview

This 3-bedroom, 2-bathroom home in Milton is for sale offering roughly 1,750 sq ft of space. Listed at $985,000, it is attractively priced about 14% below the $1,149,000 median asking price in Milton. It has been on the market 49 days, fresher than the Milton average of 64 days.

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Description

Don't miss the chance to own this solid brick bungalow featuring an inviting eat-in kitchen, a bright living room with walk out and wood burning fireplace, a full high-dry basement, an attached garage, and a separate heated workshop-perfect for hobbyists or home-based trades. Ideally situated directly across from the new Intermodal, this property offers exceptional convenience and future upside. From the back of the home, enjoy peaceful views of open farm fields and the Niagara Escarpment, creating a rare blend of rural tranquility and urban accessibility. You're just minutes from Oakville, Milton, Burlington, and all major highways, making daily commuting effortless. With the Intermodal nearing completion and the area slated for inclusion in the upcoming Tremaine Secondary Plan, this location carries strong long-term investment potential. (id:66096)

Property Details

MLS®: W13792802
Property Type: Single Family
Zoning: A
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 150 × 150 ft (22,500 sq ft)
Frontage: 150 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Baseboard heaters, Forced air, Electric, Propane
Cooling: None
Garage: Attached Garage, Garage
Fireplace

Rooms

Main level

Living room: 6.9 x 3.66 meters
Bedroom: 4.37 x 3.67 meters
Bedroom 2: 3.07 x 3.91 meters
Bedroom 3: 2.88 x 2.87 meters
Dining room: 2.71 x 3.04 meters
Kitchen: 2.71 x 2.94 meters

Basement

Recreational, Games room: 6.8 x 3.67 meters
Exercise room: 6.75 x 3.66 meters
Utility room: 16.95 x 3.91 meters

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

Features

Flooring: Hardwood
Foundation: Block
Exterior: Brick
Lot Features: Carpet Free

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Milton listings, avg age

64d

Price / ft²

$563

List price

$985K

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 has been listed for 49 days, which is 15 days fresher than the city average of 64. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JOAN OLECH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9E)

This home lists at $985,000, about 7.9× the local median household income of $124,000.

Carrying it typically needs a household income of about $192,405 (20% down, 25-yr amortization, stress-tested) — roughly 55% above the area median.

Median household income: $124,000
Population: 16,933
Median age: 32.4
Owner / renter: 75% / 26%
Avg. household size: 3.5

Source: Statistics Canada, 2021 Census (FSA L9E)

$985,000· $563/ft²

For sale

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Full Cost Breakdown

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Down Payment7.46% · $73,500

Min 7.46%50%

Mortgage payment$5,054/mo

↳ CMHC premium ($36,460 capitalized)

Property tax (est.)$490/mo

Total monthly$5,544

Cash Needed to Close

Down payment (7.46%)$73,500

Land transfer tax$16,175

Est. closing costs$5,455

Total cash needed$95,130

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