$1,550,000 - 311 Cochrane Terrace, Milton
Detached for Sale in Milton
New — Listed 2 days ago- MLS Number
- W13415580
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
This upgraded 4 bed, 4 bath Mattamy home sits on one of Willmott's most desirable family friendly streets, offering beautifully finished living spaces throughout and more than 4,100 sq ft of total living area. The bright, open concept main floor features 9' ceilings, diagonally laid hardwood floors, elegant pot lights, tastefully selected chandeliers, and premium California shutters - creating a refined blend of style, privacy, and timeless sophistication. The eat in kitchen includes stainless steel appliances, a walk-in pantry, ample cabinetry, and direct access to a well kept backyard complete with a gazebo and storage shed - perfect for outdoor dining, relaxation, and additional storage. Upstairs, you'll find a convenient laundry room and four spacious, sun filled bedrooms. The primary suite features a generous walk in closet, private ensuite, and a large dedicated office that can easily be converted into an additional bedroom - providing exceptional flexibility for growing families or multi use living. The fully finished basement adds outstanding versatility with three bedrooms, a separate kitchen, its own private laundry, and a legal separate entrance. Currently rented for $2,000 per month, the existing tenant is willing to stay if desired - offering immediate supplementary income and added value. Ideally located just steps from Milton District Hospital, top rated schools, parks, trails, shopping, and transit, this home delivers comfort, space, and long term value in one of Milton's most sought after neighborhoods. A rare opportunity for families seeking size, quality, and a premium location.
Estimate your monthly payments for this property
Estimated Payment
$6,856.17/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.
311 Cochrane Terrace, Milton
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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 30+ years of GTA real estate experience
Competitive Pricing
At $517/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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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.