$569,900

$599,900For salePrice drop↓ $30,000 (5%)

#401 1487 Maple Avenue, Milton (DE Dempsey) - Single Family for Sale

#401 1487 Maple Avenue, Milton (DE Dempsey), Ontario, L6T0B7

2 beds2 baths1 parking1,100 ft²$588/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 2-bathroom condo in Milton is for sale offering roughly 1,100 sq ft of space. Its $569,900 asking price sits right in line with the $569,000 median in Milton.

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Description

Upscale 2-bedroom, 2-bathroom top floor condo in the heart of Milton. This stylish unit features a high ceilings open-concept layout, A large roomy kitchen with a breakfast counter and contemporary cabinetry and ensuite laundry. Combined living/dining room with soaring 14ft ceilings and gas fireplace. Two spacious bedrooms and two full bathrooms. One indoor parking included. Enjoy your morning coffee on your private terrace. Building offers nice amenities: party room and gym. Located just minutes from shopping, dining, parks, and public transit, this condo offers the best of urban living with easy access to all of Milton's amenities. Great for downsizers, investors and first-time buyers. (id:66096)

Property Details

MLS®: W13820572
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $588/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,837/yr
Listed: 42 days ago

Rooms

Main level

Living room: 6.15 x 3.96 meters
Dining room: 6.15 x 3.96 meters
Kitchen: 4.34 x 2.74 meters
Primary Bedroom: 4.22 x 3.51 meters
Bedroom 2: 3.63 x 2.95 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, Dishwasher, Stove, Dryer, Garage door opener remote(s)
Flooring: Laminate, Carpeted, Linoleum
Exterior: Stucco
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Milton (DE Dempsey) listings, avg age

44d

Price / ft²

$518

List price

$570K

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 2-bed single family in Milton (DE Dempsey) has been listed for 42 days, which is 2 days fresher than the city average of 44. Act while there is still low competition.

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Listed by MILAN MIRCETIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6T)

This home lists at $569,900, about 6.9× the local median household income of $83,000.

Carrying it typically needs a household income of about $111,321 (20% down, 25-yr amortization, stress-tested) — roughly 34% above the area median.

Median household income: $83,000
Population: 39,614
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6T)

$569,900· $518/ft²

For sale

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Full Cost Breakdown

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Down Payment5.61% · $31,990

Min 5.61%50%

Mortgage payment$2,982/mo

↳ CMHC premium ($21,516 capitalized)

Property tax (est.)$236/mo

Condo fee$588/mo

Total monthly$3,807

Cash Needed to Close

Down payment (5.61%)$31,990

Land transfer tax$7,873

Est. closing costs$4,210

Total cash needed$44,073

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