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$5,999,000
Milton
5327 Eighth Line, Milton (TR Rural Trafalgar), Ontario, L0P1E0
This 3-bedroom, 1-bathroom home in Milton is for sale offering roughly 1,750 sq ft of space.
Prime 15 Acre Parcel Ideally Located Between Milton And Mississauga Offering Exceptional Long-Term Potential. Currently Zoned A1, This Property Falls Within The Town Of Milton's Urban Area And Is Identified As Future Employment Area In The Town's Planning Documents (Schedule 2: Growth Phases And Planning Policy Areas). A Rare Opportunity For Investors, End Users, Or Land Bank Buyers Looking To Secure A Strategic Parcel In A Rapidly Expanding Corridor.The Property Features A Well-Maintained 1 Storey Bungalow Built On A Slab Foundation, Offering Over 1,900 Sq Ft Of Living Space With 3 Bedrooms And A Functional Layout. A Greenhouse Is Also Located On The Property, Providing Added Utility For Agricultural Use Or Hobby Farming.The Land Is Generally Flat And Open, Providing Flexible Outdoor Space For Uses Permitted Under Current Zoning While Offering Long-Term Potential.Conveniently Located With Easy Access To Major Highways, Surrounding Employment Lands, And Ongoing Development In The Area. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 114 days on market, against an average age of 101 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 3-bed single family in Milton (TR Rural Trafalgar) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,999,000, about 44.4× the local median household income of $135,000.
Carrying it typically needs a household income of about $1,171,815 (20% down, 25-yr amortization, stress-tested) — roughly 768% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0P)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice