318 Laundon Terrace, Milton

Price: $1,749,999

7 bedrooms, 5 bathrooms

3,500 sq ft

Property Type: Single Family Home

MLS#: W12689662

An extraordinary residence offering the perfect blend of luxury, functionality, and timeless design in one of Milton's most desirable family-friendly neighborhoods. Boasting 5 bedrooms, 5 bathrooms, and a total of over 5,800 sq. ft. of finished living space, this home is ideal for large or multi-generational families who love to live and entertain in style. Step inside to find 9-ft ceilings on both the main and second floors, elegant, rounded wall corners, upgraded 8-ft doors, and pot lights throughout the main level. A dedicated main floor office provides the ideal work-from-home setup. At the heart of the home is a custom chefs kitchen featuring a massive center island, gas cooktop, wine cooler, premium appliances, and extensive cabinetry, perfect for hosting family gatherings. The thoughtful layout includes two spacious primary suites with private ensuites, plus two additional bedrooms connected by a Jack-and-Jill bathroom, ensuring comfort and privacy for everyone. The fully finished walk-out basement (1,780 sq. ft.) is a versatile space that can function as a recreation area, entertainment zone, or in-law suite. It features built-in speakers, a media wall with shelving, TV niche, and electric fireplace, and its own fully functional premium kitchen, making it perfect for extended family or guests. Step outside to your 20' x 15' custom deck, ideal for summer entertaining. The under-deck area is fully waterproofed, creating a dry, sheltered patio space below. The property features professional interlocking and expertly designed landscaping, adding to its striking curb appeal and creating beautiful outdoor living spaces. With parking for up to 6 vehicles, there's plenty of room for family and guests alike. Located in a quiet, established community, this home is minutes from top-rated schools, parks, trails, shopping, and Milton GO Station, with easy access to major highways for commuters.

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$1,749,999 - 318 Laundon Terrace, Milton

Single Family Home for Sale in Milton

31 days on market
7Beds
5Baths
3,500Sq Ft
Single Family Home
Property Details
MLS Number
W12689662
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
7
Bathrooms
5
Square Feet
3,500 sqft
Neighbourhood
Milton
Lot Size
4,434 sqft
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

An extraordinary residence offering the perfect blend of luxury, functionality, and timeless design in one of Milton's most desirable family-friendly neighborhoods. Boasting 5 bedrooms, 5 bathrooms, and a total of over 5,800 sq. ft. of finished living space, this home is ideal for large or multi-generational families who love to live and entertain in style. Step inside to find 9-ft ceilings on both the main and second floors, elegant, rounded wall corners, upgraded 8-ft doors, and pot lights throughout the main level. A dedicated main floor office provides the ideal work-from-home setup. At the heart of the home is a custom chefs kitchen featuring a massive center island, gas cooktop, wine cooler, premium appliances, and extensive cabinetry, perfect for hosting family gatherings. The thoughtful layout includes two spacious primary suites with private ensuites, plus two additional bedrooms connected by a Jack-and-Jill bathroom, ensuring comfort and privacy for everyone. The fully finished walk-out basement (1,780 sq. ft.) is a versatile space that can function as a recreation area, entertainment zone, or in-law suite. It features built-in speakers, a media wall with shelving, TV niche, and electric fireplace, and its own fully functional premium kitchen, making it perfect for extended family or guests. Step outside to your 20' x 15' custom deck, ideal for summer entertaining. The under-deck area is fully waterproofed, creating a dry, sheltered patio space below. The property features professional interlocking and expertly designed landscaping, adding to its striking curb appeal and creating beautiful outdoor living spaces. With parking for up to 6 vehicles, there's plenty of room for family and guests alike. Located in a quiet, established community, this home is minutes from top-rated schools, parks, trails, shopping, and Milton GO Station, with easy access to major highways for commuters.

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Estimated Payment

$7,740.83/mo

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5-yr fixed avg.

Principal: $1,399,999Interest: $922,251
Mortgage Amount$1,399,999
Total Interest$922,251
Est. Property Tax$1,240/mo
Total Cost$2,322,250

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

318 Laundon Terrace, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow+$3,645

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 25+ years of GTA real estate experience

Competitive Pricing

At $500/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.

Larger Home Realities

At 3,500 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 5 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.

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