1101 Derry Road, Milton

Price: $4,200,000

4 bedrooms, 2 bathrooms

2,000 sq ft

Property Type: Single Family Home

MLS#: W12704746

Are you searching for a ready-to-go farm operation just minutes from the GTA? Your search ends here! This exceptional 23.5-acre property in the prestigious town of Milton offers fertile sandy loam soil, 2 acres of meticulously maintained greenhouses, a charming 4-bedroom home, and a serene deep pond.With nearly six decades of family stewardship, this rare gem is primed for immediate flower, vegetable, orchard, or even special crop cultivation, with plenty of room to expand on its flat, open landscape. Key features include two gas boilers, a loading dock, spacious barns, and all necessary farm equipment and tools, along with a natural gas connection. Enjoy the strategic advantage of 751 feet of frontage along Business Highway 7 and proximity to major highways, ensuring seamless access to millions of potential customers. With urban growth and expansion on the horizon, this prime land is poised for significant appreciation. The current owner, with decades of experience and goodwill, is ready to guide you and help ensure the continued success of this thriving agricultural haven. Please note: This property is for sale only. However, if you wish to operate the farm business, the seller is willing to provide support to get you started. Don't miss out on this rare opportunity-act now and unlock the full potential of this extraordinary property!

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$4,200,000 - 1101 Derry Road, Milton

Single Family Home for Sale in Milton

31 days on market
4Beds
2Baths
2,000Sq Ft
Single Family Home
Property Details
MLS Number
W12704746
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
2
Square Feet
2,000 sqft
Neighbourhood
Milton
Lot Size
24 sqft
Listing Brokerage
RIGHT AT HOME REALTY
Description

Are you searching for a ready-to-go farm operation just minutes from the GTA? Your search ends here! This exceptional 23.5-acre property in the prestigious town of Milton offers fertile sandy loam soil, 2 acres of meticulously maintained greenhouses, a charming 4-bedroom home, and a serene deep pond.With nearly six decades of family stewardship, this rare gem is primed for immediate flower, vegetable, orchard, or even special crop cultivation, with plenty of room to expand on its flat, open landscape. Key features include two gas boilers, a loading dock, spacious barns, and all necessary farm equipment and tools, along with a natural gas connection. Enjoy the strategic advantage of 751 feet of frontage along Business Highway 7 and proximity to major highways, ensuring seamless access to millions of potential customers. With urban growth and expansion on the horizon, this prime land is poised for significant appreciation. The current owner, with decades of experience and goodwill, is ready to guide you and help ensure the continued success of this thriving agricultural haven. Please note: This property is for sale only. However, if you wish to operate the farm business, the seller is willing to provide support to get you started. Don't miss out on this rare opportunity-act now and unlock the full potential of this extraordinary property!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$18,578.02/mo

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5-yr fixed avg.

Principal: $3,360,000Interest: $2,213,405
Mortgage Amount$3,360,000
Total Interest$2,213,405
Est. Property Tax$2,975/mo
Total Cost$5,573,405

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

1101 Derry Road, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
-0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$2,975
Insurance (est.)-$875
Net Cash Flow-$550

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $2100/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 31 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.

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 $17,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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