243 Sydney Street, Milton

Price: $799,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13173350

Some homes carry the memory of the town itself. This is one of them. Nestled in the storied streets of Old Milton.This three-bedroom, two-bath gem sits on an extraordinary lot that is increasingly rare in this coveted neighborhood - a canvas as generous as your imagination.The bones are solid. The setting is exceptional. And the opportunity? Absolutely singular.Whether you're drawn to restoring its original character with loving detail or envisioning an entirely reimagined retreat, this property offers the freedom to build the life you've always pictured.Step outside and you're moments from the charm of downtown Milton - boutique shops, farm-to-table restaurants, the energy of the fairgrounds, and the quiet pride of a community that knows what it has.Renovate, restore, or fully reimagine. This property is a rare blank slate in an established neighborhood - a true investor's and dreamer's prize.Properties like this simply don't come available often. In Old Milton - a neighborhood celebrated for its tree-lined streets, proud history, and tight-knit community - this lot represents something money can rarely buy: true breathing room.The existing home is a thoughtful starting point. Its layout lends itself beautifully to a thoughtful renovation that preserves its soul while introducing every modern comfort you desire.

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active
New Listing
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$799,000 - 243 Sydney Street, Milton

Detached for Sale in Milton

New — Listed 3 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13173350
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Milton
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Some homes carry the memory of the town itself. This is one of them. Nestled in the storied streets of Old Milton.This three-bedroom, two-bath gem sits on an extraordinary lot that is increasingly rare in this coveted neighborhood - a canvas as generous as your imagination.The bones are solid. The setting is exceptional. And the opportunity? Absolutely singular.Whether you're drawn to restoring its original character with loving detail or envisioning an entirely reimagined retreat, this property offers the freedom to build the life you've always pictured.Step outside and you're moments from the charm of downtown Milton - boutique shops, farm-to-table restaurants, the energy of the fairgrounds, and the quiet pride of a community that knows what it has.Renovate, restore, or fully reimagine. This property is a rare blank slate in an established neighborhood - a true investor's and dreamer's prize.Properties like this simply don't come available often. In Old Milton - a neighborhood celebrated for its tree-lined streets, proud history, and tight-knit community - this lot represents something money can rarely buy: true breathing room.The existing home is a thoughtful starting point. Its layout lends itself beautifully to a thoughtful renovation that preserves its soul while introducing every modern comfort you desire.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

243 Sydney 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,068

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

Competitive Pricing

At $726/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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