1597 Rose Way Unit 112, Milton

Price: $619,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12767398

Be the first to live in this 1 year old Fernbrook built, main floor unit featuring 2 bedrooms plus 2 full bathrooms. Carpet free. NO STAIRS! Spacious private balcony. White kitchen featuring a breakfast bar, stainless steel appliances, granite countertops with white subway-tile backsplash, coupled with plenty of room for storage in the large utility closet. The sizeable primary bedroom features a walk-in closet and an ensuite bathroom with a stand-up shower. Comes with 1 parking spot and 1 locker. Ideal family-friendly location. Close to great schools and parks. Close to Sobeys plaza, Hwys, Milton GO, Wilfrid Laurier University Milton Campus, Milton & Oakville Hospitals, Niagara Escarpment, Rattlesnake Point Golf Course and more. Please note unit is no longer staged. It is now empty.

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$619,900 - 1597 Rose Way Unit 112, Milton

Condo for Sale in Milton

33 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12767398
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Milton
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Be the first to live in this 1 year old Fernbrook built, main floor unit featuring 2 bedrooms plus 2 full bathrooms. Carpet free. NO STAIRS! Spacious private balcony. White kitchen featuring a breakfast bar, stainless steel appliances, granite countertops with white subway-tile backsplash, coupled with plenty of room for storage in the large utility closet. The sizeable primary bedroom features a walk-in closet and an ensuite bathroom with a stand-up shower. Comes with 1 parking spot and 1 locker. Ideal family-friendly location. Close to great schools and parks. Close to Sobeys plaza, Hwys, Milton GO, Wilfrid Laurier University Milton Campus, Milton & Oakville Hospitals, Niagara Escarpment, Rattlesnake Point Golf Course and more. Please note unit is no longer staged. It is now empty.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.41/mo

Includes CMHC insurance ($17,295)

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5-yr fixed avg.

Principal: $557,910Interest: $378,917
Mortgage Amount$575,205
Total Interest$378,917
Est. Property Tax$439/mo
Total Cost$954,122

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

1597 Rose Way Unit 112, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$1,127

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 $689/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 33 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.

Efficient Living

At 900 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.

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.

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