$1,199,000 - 124 Lydia Avenue, Milton
Single Family Home for Sale in Milton
31 days on market- MLS Number
- W12720378
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 31
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- REVEL REALTY INC.
Located on one of Old Milton's most desirable streets, this charming 1-storey home offers a rare opportunity to own a character-filled property on an oversized 77' x 237' lot in a mature, walkable neighbourhood. Just steps from downtown shops, restaurants, and the Mill Pond, this home combines an exceptional location with generous lot size and timeless appeal.The main floor features a welcoming entry with a traditional wood staircase and classic detailing. The bright family room offers hardwood flooring, a wood-burning fireplace, and cornice mouldings, while a separate sitting room provides a flexible space ideal for a home office or study.The kitchen includes light wood cabinetry, stainless steel appliances, a pot filler, breakfast bar seating, additional cabinetry, and a convenient side entry from the driveway. A sitting room or den off the kitchen connects seamlessly to the sunroom, creating a practical and functional layout.The incredible sunroom is filled with natural light, features patio doors leading to the back deck, and offers views of the expansive backyard and beautiful gardens.The upper level offers two bedrooms, including a spacious primary with two closets and a bonus sitting area. Sloped ceilings, hardwood flooring, and large windows add character. Drawings for a potential upper-level addition are available for buyers considering future expansion.The finished lower level includes a recreation area with an electric fireplace, a two-piece bathroom, and ample storage space. Enjoy the privacy of the expansive backyard year-round, complete with a hot tub.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
5-yr fixed avg.
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.
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
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.
124 Lydia Avenue, Milton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Competitive Pricing
At $600/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.
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 $4,996 (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.