$1,699,999 - 318 Laundon Terrace, Milton
Detached for Sale in Milton
134 days on market- MLS Number
- W12750972
- Property Type
- Detached
- Status
- active
- Days on Site
- 134
- Bedrooms
- 7
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Milton
- Lot Size
- 4,434 sqft
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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.
Estimate your monthly payments for this property
Estimated Payment
$7,519.67/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.
318 Laundon 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 $486/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.
Negotiation Opportunity
At 134 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.
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.