1264 Sim Place Unit Basement, Milton

Price: $1,650

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13417844

Bright, spacious, and beautifully maintained legal 1 Bedroom + 1 Den basement apartment forlease in a sought-after Milton location near Derry Rd. and Fourth Line. Approx. 796 sq. ft.,this well-designed suite offers a private separate entrance, central heating and cooling, andexclusive in-suite laundry. 2 parking spaces included. Option to Lease for $1,800/month, withall utilities and Wi-Fi included. Conveniently located near Hwy 401, major amenities, schools,banks, and public transit. Available immediately with a minimum one-year lease required. TenantPays 30% of all the utilities.

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active
New Listing
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$1,650/mo - 1264 Sim Place Unit Basement, Milton

Detached for Rent in Milton

New — Listed 5 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13417844
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Milton
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Bright, spacious, and beautifully maintained legal 1 Bedroom + 1 Den basement apartment forlease in a sought-after Milton location near Derry Rd. and Fourth Line. Approx. 796 sq. ft.,this well-designed suite offers a private separate entrance, central heating and cooling, andexclusive in-suite laundry. 2 parking spaces included. Option to Lease for $1,800/month, withall utilities and Wi-Fi included. Conveniently located near Hwy 401, major amenities, schools,banks, and public transit. Available immediately with a minimum one-year lease required. TenantPays 30% of all the utilities.

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

1264 Sim Place Unit Basement, Milton

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$1,650/mo
↓ Below typical 2-bed market rent
Annual Rent Cost
$19,800
12 × monthly rent

Estimated Monthly Budget

Asking Rent$1,650/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$1,780/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Rent

At $1,650/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Milton. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    1264 Sim Place Unit Basement, Mil… — $1,650 | Battaglia Team