142 Martin Street, Milton

Price: $949,000

3 bedrooms, 2 bathrooms

1,500 sq ft

Property Type: Single Family Home

MLS#: W12448190

Historic Charm Meets Modern Comfort in the Heart of Milton. Welcome to 142 Martin Street, a beautifully restored century home (circa 1920) located on a generous lot just steps from downtown Milton. Rich in character and timeless appeal, this stately property boasts original interior doors, trim, and a grand staircase that have been lovingly preserved. The refinished original hardwood floors and soaring ceilings create a warm, elegant atmosphere, while the inviting front porch adds a touch of classic charm. Thoughtfully updated for todays lifestyle, the home features modernized essentials including the roof, windows, electrical, and HVAC systems offering peace of mind without compromising its heritage. Currently configured as a professional office space, the layout provides flexibility and can be easily converted back into a stunning family residence. Located in a sought-after neighbourhood surrounded by newly renovated and expanded homes, and just steps to the newly revamped Martin Street Public School, this unique property presents a rare opportunity to own a piece of Milton's history while enjoying all the conveniences of downtown living.

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$949,000 - 142 Martin Street, Milton

Single Family Home for Sale in Milton

31 days on market
3Beds
2Baths
1,500Sq Ft
Single Family Home
Property Details
MLS Number
W12448190
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
1,500 sqft
Neighbourhood
Milton
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Historic Charm Meets Modern Comfort in the Heart of Milton. Welcome to 142 Martin Street, a beautifully restored century home (circa 1920) located on a generous lot just steps from downtown Milton. Rich in character and timeless appeal, this stately property boasts original interior doors, trim, and a grand staircase that have been lovingly preserved. The refinished original hardwood floors and soaring ceilings create a warm, elegant atmosphere, while the inviting front porch adds a touch of classic charm. Thoughtfully updated for todays lifestyle, the home features modernized essentials including the roof, windows, electrical, and HVAC systems offering peace of mind without compromising its heritage. Currently configured as a professional office space, the layout provides flexibility and can be easily converted back into a stunning family residence. Located in a sought-after neighbourhood surrounded by newly renovated and expanded homes, and just steps to the newly revamped Martin Street Public School, this unique property presents a rare opportunity to own a piece of Milton's history while enjoying all the conveniences of downtown living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
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5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

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

142 Martin Street, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$1,930

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 $633/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 $3,954 (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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