248 Belmore Court, Milton

Price: $1,700,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: New Construction

MLS#: W12916658

Spectacular Detached Home, 4Bed + 4Bath Located In Pristine Saddle Ridge Milton Area. Fully Upgraded Luxury And Energy Efficient. Exterior Pot Lights. Quiet Auto Garage Openers. Hardwood Floor Throughout, High End Samsung & Bosch Appliances. Spacious living, dining, and family rooms with gas fireplace. Upstairs, all four bedrooms are generously sized, with two featuring ensuite baths, and a convenient second-floor laundry. The walk-up basement is ideal for extended family or income potential. Perfectly situated steps to top-rated public and Catholic schools, parks, recreation, shopping, highways, and the GO Station, this property combines luxury, comfort, and unbeatable location.

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$1,700,000 - 248 Belmore Court, Milton

New Construction for Sale in Milton

4Beds
4Baths
2,500 - 2,999Sq Ft
New Construction
Property Details
MLS Number
W12916658
Property Type
New Construction
Status
active
Days on Site
23
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Milton
Listing Brokerage
WEALTHPOWER REAL ESTATE INC.
Description

Spectacular Detached Home, 4Bed + 4Bath Located In Pristine Saddle Ridge Milton Area. Fully Upgraded Luxury And Energy Efficient. Exterior Pot Lights. Quiet Auto Garage Openers. Hardwood Floor Throughout, High End Samsung & Bosch Appliances. Spacious living, dining, and family rooms with gas fireplace. Upstairs, all four bedrooms are generously sized, with two featuring ensuite baths, and a convenient second-floor laundry. The walk-up basement is ideal for extended family or income potential. Perfectly situated steps to top-rated public and Catholic schools, parks, recreation, shopping, highways, and the GO Station, this property combines luxury, comfort, and unbeatable location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,519.67/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,360,000Interest: $895,902
Mortgage Amount$1,360,000
Total Interest$895,902
Est. Property Tax$1,204/mo
Total Cost$2,255,902

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

248 Belmore Court, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,204
Insurance (est.)-$354
Net Cash Flow+$1,992

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 $680/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 23 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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.

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 $7,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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