1390 Main Street Unit 201, Milton

Price: $620,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12892242

Step into this bright and spacious 2-bedroom, 2-bathroom condo with 2 parking spots in Milton's highly sought-after Dempsey neighbourhood. At 1,082 sq ft, this park-facing unit overlooks Sinclair Park, offering peaceful green views right from your private balcony. The open-concept living and dining area is perfect for entertaining. The primary bedroom features a private ensuite, and the second bedroom is generously sized with a charming bay window, perfect for a home office, guest room, or cozy retreat. Convenience is key with in-suite laundry and two parking spaces (one underground, one surface) included, a rare bonus! New laminate flooring throughout and new countertop and undermount sinks in the primary ensuite. Residents enjoy a large party and community room where monthly social events, games, and bingo nights bring neighbours together and create a true sense of community. Everything you need is nearby: minutes to Milton GO Station, Highway 401, shopping, restaurants, schools, and parks, making this condo ideal for first-time buyers, downsizers, or anyone looking for a comfortable, convenient lifestyle.

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$620,000 - 1390 Main Street Unit 201, Milton

Condo for Sale in Milton

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12892242
Property Type
Condo
Status
active
Days on Site
19
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Milton
Locker
Exclusive
Exposure
North
Balcony
Terrace
Listing Brokerage
PROPERTY.CA INC.
Description

Step into this bright and spacious 2-bedroom, 2-bathroom condo with 2 parking spots in Milton's highly sought-after Dempsey neighbourhood. At 1,082 sq ft, this park-facing unit overlooks Sinclair Park, offering peaceful green views right from your private balcony. The open-concept living and dining area is perfect for entertaining. The primary bedroom features a private ensuite, and the second bedroom is generously sized with a charming bay window, perfect for a home office, guest room, or cozy retreat. Convenience is key with in-suite laundry and two parking spaces (one underground, one surface) included, a rare bonus! New laminate flooring throughout and new countertop and undermount sinks in the primary ensuite. Residents enjoy a large party and community room where monthly social events, games, and bingo nights bring neighbours together and create a true sense of community. Everything you need is nearby: minutes to Milton GO Station, Highway 401, shopping, restaurants, schools, and parks, making this condo ideal for first-time buyers, downsizers, or anyone looking for a comfortable, convenient lifestyle.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.92/mo

Includes CMHC insurance ($17,298)

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5-yr fixed avg.

Principal: $558,000Interest: $378,978
Mortgage Amount$575,298
Total Interest$378,978
Est. Property Tax$439/mo
Total Cost$954,276

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

1390 Main Street Unit 201, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$1,142

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 $620/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 19 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $2,583 (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.

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