10043 Britannia Road, Milton

Price: $1,725,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12945008

Attention Builders & Developers. A Fantastic Opportunity to Build and Develop This Lot. Being sold together with 10025 Britannia, this offering provides approximately one acre of prime corner property located in Milton's designated future growth area, making it an exceptional opportunity for development-focused investors and builders. The strategic location allows you to capitalize on the area's planned expansion while envisioning a wide range of potential redevelopment possibilities made possible by having two side-by-side parcels. With city water already available at the road and sewer infrastructure currently being tunneled, the groundwork is being laid for future development. This is a rare chance to secure land in a high-growth corridor, allowing your investment to appreciate while you explore the full development potential of this well-positioned property.

10043 Britannia Road - Detached photo 1 of 8 in Milton, Ontario
10043 Britannia Road - Detached photo 2 of 8 in Milton, Ontario
10043 Britannia Road - Detached photo 3 of 8 in Milton, Ontario
10043 Britannia Road - Detached photo 4 of 8 in Milton, Ontario
10043 Britannia Road - Detached photo 5 of 8 in Milton, Ontario
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10043 Britannia Road - Detached photo 7 of 8 in Milton, Ontario
10043 Britannia Road - Detached photo 8 of 8 in Milton, Ontario
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$1,725,000 - 10043 Britannia Road, Milton

Detached for Sale in Milton

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12945008
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Milton
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Attention Builders & Developers. A Fantastic Opportunity to Build and Develop This Lot. Being sold together with 10025 Britannia, this offering provides approximately one acre of prime corner property located in Milton's designated future growth area, making it an exceptional opportunity for development-focused investors and builders. The strategic location allows you to capitalize on the area's planned expansion while envisioning a wide range of potential redevelopment possibilities made possible by having two side-by-side parcels. With city water already available at the road and sewer infrastructure currently being tunneled, the groundwork is being laid for future development. This is a rare chance to secure land in a high-growth corridor, allowing your investment to appreciate while you explore the full development potential of this well-positioned property.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,630.26/mo

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5-yr fixed avg.

Principal: $1,380,000Interest: $909,077
Mortgage Amount$1,380,000
Total Interest$909,077
Est. Property Tax$1,222/mo
Total Cost$2,289,077

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: Milton

Discover Milton

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 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

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

10043 Britannia Road, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,222
Insurance (est.)-$359
Net Cash Flow+$1,219

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

Premium Pricing

At $1568/sqft, this property is priced above the Milton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Milton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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 $7,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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