331 Centennial Forest Drive, Milton

Price: $995,000

2 bedrooms, 3 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12421027

If the ever-popular Drury Park is on your radar then this 2-bedroom, 2 full bath bungalow is definitely one to see. The outside curb appeal has been enhanced with a stamped concrete double driveway and walkways and the front porch has replaced modern railings and glass. Inside, the open concept layout is perfect for entertaining and enjoying a sense of spaciousness. It is dressed up with hardwood and California shutters. The kitchen with island is open to the dining room which opens to the private, fenced yard with stamped concrete patio and no neighbours behind or to one side. The living room has a fireplace and large window for inside enjoyment. The principal bedroom is generous in size with a full bathroom. A second bedroom on the main floor provides options for a guest room, office or den. There is also a second full bath. A main floor laundry completes the list of everything required for one level living. The unspoiled basement has replaced large windows allowing lots of natural light and there is also cold storage. Conveniently located within walking distance to many essentials as well as transit, walking and biking paths. The roof has been replaced.

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$995,000 - 331 Centennial Forest Drive, Milton

Single Family Home for Sale in Milton

31 days on market
2Beds
3Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12421027
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
2
Bathrooms
3
Square Feet
1,100 sqft
Neighbourhood
Milton
Listing Brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage
Description

If the ever-popular Drury Park is on your radar then this 2-bedroom, 2 full bath bungalow is definitely one to see. The outside curb appeal has been enhanced with a stamped concrete double driveway and walkways and the front porch has replaced modern railings and glass. Inside, the open concept layout is perfect for entertaining and enjoying a sense of spaciousness. It is dressed up with hardwood and California shutters. The kitchen with island is open to the dining room which opens to the private, fenced yard with stamped concrete patio and no neighbours behind or to one side. The living room has a fireplace and large window for inside enjoyment. The principal bedroom is generous in size with a full bathroom. A second bedroom on the main floor provides options for a guest room, office or den. There is also a second full bath. A main floor laundry completes the list of everything required for one level living. The unspoiled basement has replaced large windows allowing lots of natural light and there is also cold storage. Conveniently located within walking distance to many essentials as well as transit, walking and biking paths. The roof has been replaced.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,104.87/mo

Includes CMHC insurance ($27,761)

$
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5%10%50%

5-yr fixed avg.

Principal: $895,500Interest: $608,199
Mortgage Amount$923,261
Total Interest$608,199
Est. Property Tax$705/mo
Total Cost$1,531,460

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

331 Centennial Forest Drive, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$705
Insurance (est.)-$207
Net Cash Flow+$1,488

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

Fair Market Value

At $905/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.

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.

Bathroom Count Matters

With 3 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.

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 $4,146 (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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