11012 First Line, Milton

Price: $590,000

4 bedrooms, 1 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12405225

Unlock the potential of this charming country home situated on a .25-acre lot in a prestigious neighborhood surrounded by executive homes. Whether youre looking to renovate the existing structure or build your dream home from the ground up, this property offers endless possibilities.Enjoy the best of both worldsa peaceful rural setting with convenient access to Guelph, Milton, Highway 401, and Highway 6. Natural gas and high-speed internet are available, making modern living easy in a serene environment.Don't miss this rare opportunity to bring your vision to life in one of the area's most sought-after communities.

11012 First Line - Single Family Home photo 1 of 1 in Milton, Ontario
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$590,000 - 11012 First Line, Milton

Single Family Home for Sale in Milton

31 days on market
4Beds
1Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12405225
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
1
Square Feet
1,100 sqft
Neighbourhood
Milton
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Unlock the potential of this charming country home situated on a .25-acre lot in a prestigious neighborhood surrounded by executive homes. Whether youre looking to renovate the existing structure or build your dream home from the ground up, this property offers endless possibilities.Enjoy the best of both worldsa peaceful rural setting with convenient access to Guelph, Milton, Highway 401, and Highway 6. Natural gas and high-speed internet are available, making modern living easy in a serene environment.Don't miss this rare opportunity to bring your vision to life in one of the area's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,027.01/mo

Includes CMHC insurance ($16,461)

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5%10%50%

5-yr fixed avg.

Principal: $531,000Interest: $360,641
Mortgage Amount$547,461
Total Interest$360,641
Est. Property Tax$418/mo
Total Cost$908,102

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

11012 First Line, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$418
Insurance (est.)-$123
Net Cash Flow+$2,659

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

Competitive Pricing

At $536/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.

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 $2,458 (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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