1157 Restivo Lane, Milton

Price: $949,900

4 bedrooms, 4 bathrooms

1,500 sq ft

Property Type: Townhouse

MLS#: W12549534

Welcome to the charming Townhome at 1157 Restivo Lane, crafted by the esteemed builder Great Gulf, and nestled in the heart of the prestigious Ford Community. This stunning property boasts nearly 1800 sqft of open-concept living space, offering four generously-sized bedrooms, luxurious full bathrooms upstairs, a convenient main-floor powder room, and an additional bathroom in the versatile basement perfect for family gatherings or hosting guests/in-laws. Step inside to discover a bright and airy kitchen with dining and living room, enjoy the morning/evening tea on the deck area overlooking a private lawn which also has an access from the Garage. The neighborhood is both secure and family-friendly, with parks, top-rated schools, shopping centers, and essential amenities all within easy reach. This exquisite residence seamlessly combines comfort and functionality, ensuring that every moment spent here is filled with joy and satisfaction. Future homeowners will undoubtedly fall in love with everything this delightful home has to offer.

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$949,900 - 1157 Restivo Lane, Milton

Townhouse for Sale in Milton

31 days on market
4Beds
4Baths
1,500Sq Ft
Townhouse
Property Details
MLS Number
W12549534
Property Type
Townhouse
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
4
Square Feet
1,500 sqft
Neighbourhood
Milton
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to the charming Townhome at 1157 Restivo Lane, crafted by the esteemed builder Great Gulf, and nestled in the heart of the prestigious Ford Community. This stunning property boasts nearly 1800 sqft of open-concept living space, offering four generously-sized bedrooms, luxurious full bathrooms upstairs, a convenient main-floor powder room, and an additional bathroom in the versatile basement perfect for family gatherings or hosting guests/in-laws. Step inside to discover a bright and airy kitchen with dining and living room, enjoy the morning/evening tea on the deck area overlooking a private lawn which also has an access from the Garage. The neighborhood is both secure and family-friendly, with parks, top-rated schools, shopping centers, and essential amenities all within easy reach. This exquisite residence seamlessly combines comfort and functionality, ensuring that every moment spent here is filled with joy and satisfaction. Future homeowners will undoubtedly fall in love with everything this delightful home has to offer.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,873.48/mo

Includes CMHC insurance ($26,502)

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5-yr fixed avg.

Principal: $854,910Interest: $580,632
Mortgage Amount$881,412
Total Interest$580,632
Est. Property Tax$673/mo
Total Cost$1,462,044

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

1157 Restivo Lane, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$673
Insurance (est.)-$198
Net Cash Flow+$2,209

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 $633/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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Milton have shown strong appreciation as families seek more space.

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.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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