134 Wakefield Road, Milton

Price: $999,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13075974

Nestled in the heart of charming Old Milton, this beautifully updated 3 bedroom bungalow offers over 1700 square feet of living space and is a perfect blend of modern style and multi-generational flexibility. The main floor features a bright, open-concept layout centred around a large kitchen island, creating an ideal hub for familty gatherings and entertaining. The home's versatility is truly showcased in the fully finished lower level, which houses a self-contained in-law suite complete with its own separate entrance. This private space includes a full kitchen, a comfortable living room, a 4 piece bathroom, dedicated laundry and a flexible floor plan offering one bedroom plus a den that can easily serve as a second bedroom (closet/no window). Whether you are looking for a home that supports extended family or provides potential rental income, this property delivers in a prime, walkable location.

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$999,900 - 134 Wakefield Road, Milton

Detached for Sale in Milton

41 days on market
4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13075974
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Milton
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Nestled in the heart of charming Old Milton, this beautifully updated 3 bedroom bungalow offers over 1700 square feet of living space and is a perfect blend of modern style and multi-generational flexibility. The main floor features a bright, open-concept layout centred around a large kitchen island, creating an ideal hub for familty gatherings and entertaining. The home's versatility is truly showcased in the fully finished lower level, which houses a self-contained in-law suite complete with its own separate entrance. This private space includes a full kitchen, a comfortable living room, a 4 piece bathroom, dedicated laundry and a flexible floor plan offering one bedroom plus a den that can easily serve as a second bedroom (closet/no window). Whether you are looking for a home that supports extended family or provides potential rental income, this property delivers in a prime, walkable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

134 Wakefield Road, 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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1428/sqft, this property is priced above the Milton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 41 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.

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.

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.

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    134 Wakefield Road, Milton — $999,900 | Battaglia Team