$5,250/mo - 289 Potts Terrace, Milton
Detached for Rent in Milton
105 days on market- MLS Number
- W12780328
- Property Type
- Detached
- Status
- active
- Days on Site
- 105
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This Beautiful, Well-Maintained, Mattamy-Built, Bright And Spacious 4-Bedroom, 4-Bathroom Home Is Sure To Please! Great Layout And Over 3000 Square Feet Above Ground! Main Floor Has 9-Foot Ceilings, Pot Lights And Brand-New Hardwood Floors! Large Den/Office, Family Room W/Gas Fireplace Opens On To An Eat-In Kitchen W/Island. 2nd Floor Has 2 Master Bedrooms, 3 Full Baths And A Cozy Media Room/Second Family Room! Convenient 2nd Floor Laundry Room. Finished Basement Features A Fully Furnished, Move-In Ready 2-Bedroom Plus Den Living Area With A Bright, Open-Concept Layout And Premium Finishes. Includes A Functional Kitchen With Built-In Appliances, A 3-Piece Bathroom And In-Suite Laundry. S/S Fridge, S/S Stove & S/S Dishwasher. Washer, Dryer, Elf, Window Coverings & Blinds. 200 Amp Electrical Service, Rough-In Central Vacuum. Desirable Location Near Schools, Parks, Shopping And Hospital. Tenant is responsible for utilities.
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.
289 Potts Terrace, Milton
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $5,250/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Milton. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 105 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 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.
Excellent Flexibility
With 7 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.