$1,549,000 - 148 Holloway Terrace, Milton
Detached for Sale in Milton
49 days on market- MLS Number
- W13062496
- Property Type
- Detached
- Status
- active
- Days on Site
- 49
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Welcome to this executive Heathwood "49 Feet Wide Lot" home in Milton's sought-after Scott neighbourhood, offering over 4,800 square feet of finished living space, including professionally and legally finished basement, on one of the most coveted streets with direct views of Escarpment. Boasting 5 bedrooms, 5 bathrooms, this home is ideal for large or multi-generational families who love to live and entertain in style. The main floor layout is sure to impress, beginning with a grand foyer, formal living and dining rooms. At the heart of the home is the stunning chef's kitchen featuring a massive center island, granite countertops, upgraded cabinets, backsplash and two windows above the sink with backyard views. A large breakfast area provides easy access to the fully fenced backyard. A generous family room is flooded with natural light, soaring ceilings and a cozy gas fireplace. A dedicated main floor office provides the ideal work-from-home setup. The home offers two primary bedrooms. The principal suite has a large walk-in closet and 5PC ensuite. The second primary offers a double closet and 4PC ensuite. Bedrooms number 3 and 4 share a Jack and Jill 3-piece bathroom. The professionally and legally finished basement includes a large recreation room, an oversized bedroom with a walk-in closet and 3PC ensuite, an office and a wet-bar. Ground floor laundry room with laundry sink, closet and access to double car garage. Bonus: No sidewalk in the driveway so it can fit 4 cars. This home offers the perfect blend of comfort, style and convenience. Located close to schools, parks, community centre, downtown Milton and easy access to Hwy 401. Don't miss out on this amazing opportunity! *** Some photos are virtually staged ***
Estimate your monthly payments for this property
Estimated Payment
$6,851.75/mo
5-yr fixed avg.
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.
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
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.
148 Holloway Terrace, Milton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $516/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.
Negotiation Opportunity
At 49 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 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 5 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.