$1,450,000 - 249 Hinton Terrace, Milton
Single Family Home for Sale in Milton
31 days on market- MLS Number
- W12639676
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 31
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- EXP REALTY
Investor Alert - Cash Flow Positive Opportunity!Whether you're a first-time investor or expanding your portfolio, this property delivers a solid balance of income, appreciation potential, and long-term stability. Awesome Mattamy Built Detached roughly 2800 Sq. Ft Home In A Highly Desired Area Of Milton. Close To Schools, Hospital, Bank, Groceries, Sport Complex, Golf, Public Transit. 9 Ft. Smooth Ceiling 4+2 bdrm/4 Washrm 2 Kitchens Wyndham model w/ sep. entrance basement apartment that's currently being leased out by AAA tenant for a lofty $2K/mth on a month-to-month basis (willing to stay or vacate) that's perfectly located in popular, fam friendly, newer mid-west pocket of Milton's burgeoning Ford district that's full of schools, parks, trails, greenspace, beautiful vistas of the Niagara Escarpment, pub. transit options, plazas, grocery stores, Milton District Hospital (just to name a few). This stunner of a home boasts 9ft ceilings throughout, hardwood flooring throughout, iron-spindled staircase, very large kitchen w/ newer SS appliances, quartz countertops, backsplash, OTR Hood, kitchen island, sep. dining, fam rooms, extensive cabinet space, main floor office/den area, breakfast nook that walks/out to brief sun deck w/ soothing morning/evening vistas, a large primary w/ 5pc ensuite bath and w/i closet, upstairs laundry, 3 additional large carpet-free bedrooms all w/closets and large windows, a large 4 pc bath, 4 car parking that includes a staggered double car garage and so much more. The basement dwelling has been done to code and brandishes 2 sizeable bedrooms, a large open concept family room, an upgraded kitchen that rivals the main/upstairs kitchen, ensuite laundry, 3 pc bath, tastefully done laminate and a slew of larger windows and closets.
Estimate your monthly payments for this property
Estimated Payment
$6,413.84/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.
249 Hinton Terrace, Milton
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Rental income estimator & ROI calculator
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 25+ years of GTA real estate experience
Competitive Pricing
At $580/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.
Excellent Flexibility
With 6 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 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 $6,042 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.