1322 Mowat Lane, Milton

Price: $899,000

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: W12900388

Perfect for growing families, this beautifully upgraded 4-bedroom semi-detached home offers approximately 2,180 sq. ft. (MPAC) of bright, functional living space with *LEGAL BASEMENT* Truly feels like a detached! Nestled in a highly sought-after, family-friendly neighbourhood, this bright and airy home features a modern open-concept layout perfect for both entertaining and everyday living.The main floor offers a spacious L-shaped living and dining area, along with a separate family room overlooking the eat-in kitchen, complete with granite countertops, a stylish backsplash, and upgraded cabinetry. Rich dark hardwood floors, crown moulding, recessed lighting, California shutters, and designer paint add elegance throughout.Upstairs, you'll find a generously sized primary bedroom with a private ensuite, along with three additional bedrooms and custom closet organizers for optimal storage.The professionally finished basement features a separate walkout entrance, 2 bedrooms, a full kitchen, and laundry-ideal for extended family or excellent rental income potential.Additional highlights include a spiral staircase, 4-car driveway parking, a dedicated main floor office, a spacious laundry room, a newly fenced private backyard, and a newer garage door.Move-in ready and shows beautifully! Conveniently located close to parks, schools, transit, and all amenities.Don't miss this rare opportunity to own a versatile and spacious home in a prime location!

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delisted
1/49

$899,000 - 1322 Mowat Lane, Milton

Semi-Detached for Sale in Milton

6Beds
4Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
W12900388
Property Type
Semi-Detached
Status
delisted
Days on Site
17
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Milton
Lot Size
2,474 sqft
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Perfect for growing families, this beautifully upgraded 4-bedroom semi-detached home offers approximately 2,180 sq. ft. (MPAC) of bright, functional living space with *LEGAL BASEMENT* Truly feels like a detached! Nestled in a highly sought-after, family-friendly neighbourhood, this bright and airy home features a modern open-concept layout perfect for both entertaining and everyday living.The main floor offers a spacious L-shaped living and dining area, along with a separate family room overlooking the eat-in kitchen, complete with granite countertops, a stylish backsplash, and upgraded cabinetry. Rich dark hardwood floors, crown moulding, recessed lighting, California shutters, and designer paint add elegance throughout.Upstairs, you'll find a generously sized primary bedroom with a private ensuite, along with three additional bedrooms and custom closet organizers for optimal storage.The professionally finished basement features a separate walkout entrance, 2 bedrooms, a full kitchen, and laundry-ideal for extended family or excellent rental income potential.Additional highlights include a spiral staircase, 4-car driveway parking, a dedicated main floor office, a spacious laundry room, a newly fenced private backyard, and a newer garage door.Move-in ready and shows beautifully! Conveniently located close to parks, schools, transit, and all amenities.Don't miss this rare opportunity to own a versatile and spacious home in a prime location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
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5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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

1322 Mowat Lane, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$3,276

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 $450/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 17 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.

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.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Milton.

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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