284 Ridge Drive, Milton

Price: $1,179,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12969048

Welcome to this beautifully maintained 3-bedroom, 2-bathroom bungalow in the highly sought-after Old Milton community. Nestled on a premium lot backing onto serene green space, this home offers the perfect blend of privacy and convenience. Pride of ownership shines throughout, with long-time owners who have meticulously cared for every detail. The updated kitchen features stainless steel appliances and flows seamlessly into the main living areas, ideal for both everyday living and entertaining. Generous bedroom sizes provide comfort for the whole family, while the walkout leads to a stunning backyard retreat. Step outside to enjoy a thoughtfully designed outdoor seating area, an above-ground pool, and lush, vibrant gardens that truly come alive in the warmer months. With desirable west exposure, you'll soak in beautiful late summer sunsets well into the evening. Complete with a 2-car garage and located just minutes from major highways, this home is also within walking distance to charming downtown Milton, offering shops, dining, and local amenities at your doorstep. A rare opportunity to own a turnkey bungalow in one of Milton's most established and desirable neighbourhoods.

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$1,179,900 - 284 Ridge Drive, Milton

Detached for Sale in Milton

Popular Listing
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12969048
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Milton
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Welcome to this beautifully maintained 3-bedroom, 2-bathroom bungalow in the highly sought-after Old Milton community. Nestled on a premium lot backing onto serene green space, this home offers the perfect blend of privacy and convenience. Pride of ownership shines throughout, with long-time owners who have meticulously cared for every detail. The updated kitchen features stainless steel appliances and flows seamlessly into the main living areas, ideal for both everyday living and entertaining. Generous bedroom sizes provide comfort for the whole family, while the walkout leads to a stunning backyard retreat. Step outside to enjoy a thoughtfully designed outdoor seating area, an above-ground pool, and lush, vibrant gardens that truly come alive in the warmer months. With desirable west exposure, you'll soak in beautiful late summer sunsets well into the evening. Complete with a 2-car garage and located just minutes from major highways, this home is also within walking distance to charming downtown Milton, offering shops, dining, and local amenities at your doorstep. A rare opportunity to own a turnkey bungalow in one of Milton's most established and desirable neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,219.10/mo

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5%20%50%

5-yr fixed avg.

Principal: $943,920Interest: $621,809
Mortgage Amount$943,920
Total Interest$621,809
Est. Property Tax$836/mo
Total Cost$1,565,729

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

284 Ridge Drive, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$836
Insurance (est.)-$246
Net Cash Flow+$2,118

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 30+ years of GTA real estate experience

Fair Market Value

At $1073/sqft, this property is priced in line with current Milton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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.

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.

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 $4,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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