100 Millside Drive Unit 507, Milton

Price: $549,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13052244

Popular "Elora" model, two bedroom and 2 bath condo with very sought after northwest exposure. Views of the Escarpment and the Mill Pond.Two parking spaces one underground (owned) one above (exclusive use). Storage room in the unit with professionally installed shelving. Second bedroom has built in wall unit with a desk and Murphy bed. Ensuite bathroom. In-suite laundry and separate eating area from the kitchen. Amenities include indoor pool, sauna, whirlpool, exercise room and recently renovated party room. Condo fee includes all utilities (except phone, internet ,cable)

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$549,000 - 100 Millside Drive Unit 507, Milton

Condo for Sale in Milton

49 days on market

Neighbourhood: 1035 - OM Old Milton

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13052244
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Milton
Locker
Ensuite
Exposure
North West
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Popular "Elora" model, two bedroom and 2 bath condo with very sought after northwest exposure. Views of the Escarpment and the Mill Pond.Two parking spaces one underground (owned) one above (exclusive use). Storage room in the unit with professionally installed shelving. Second bedroom has built in wall unit with a desk and Murphy bed. Ensuite bathroom. In-suite laundry and separate eating area from the kitchen. Amenities include indoor pool, sauna, whirlpool, exercise room and recently renovated party room. Condo fee includes all utilities (except phone, internet ,cable)

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

$
$
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5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1035 - OM Old Milton

Discover 1035 - OM Old Milton

1035 - OM Old Milton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1035 - OM Old Milton

  • Convenient location in Milton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Craig Kielburger Secondary SchoolPublic High School
Milton District High SchoolPublic High School
Bishop Reding Catholic Secondary SchoolCatholic High School
Jean Vanier Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1035 - OM Old Milton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

100 Millside Drive Unit 507, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,237

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $458/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 49 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Milton Lifestyle

Milton offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

About 1035 - OM Old Milton

I know 1035 - OM Old Milton well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Milton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    100 Millside Drive Unit 507, Milton | $549,000 | Battaglia Team