$845,000 - 362 Cavanagh Lane, Milton
Townhouse for Sale in Milton
39 days on market- MLS Number
- W13100150
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 39
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- Royal Lepage Real Estate Associates
Finished basement, two full bathrooms upstairs, open concept main floor layout with hardwood floors, and a backyard finished with patio, gazebo, and low maintenance synthetic grass - this two-storey townhouse is move-in ready for first time buyers and young families! Lieterman park and playground is just down the street and both Catholic and public schools are less than 5 minutes drive away. No monthly fee! Park your car in your private driveway or pull into your attached garage. Catch up with neighbours or watch the kids playing outside from the enclosed concrete front porch. Step inside to an open foyer, no narrow hallway here! Entertain guests easily with a main floor layout that is centred around the kitchen with its large peninsula, white quartz counters, and stainless steel appliances. A patio door adds plenty of natural light and opens up to the backyard, finished with a stone patio, gazebo, and synthetic grass to enjoy. Defined dining and living spaces help keep everyday life organized, with separate areas for dining, relaxing, and family activities to happen comfortably at the same time. A convenient powder room completes the main floor. Upstairs, you will find three good sized bedrooms, a 4-piece main bath, and a 3-piece ensuite. The professionally finished basement (2023) with pot lights and an enlarged window offers bright, flexible living space ideal for a rec room, home gym, office, or play area. This townhome is perfect for buyers looking for a move-in ready home near parks, schools, amenities, and hospital in family friendly Milton.
Estimate your monthly payments for this property
Estimated Payment
$4,335.29/mo
Includes CMHC insurance ($23,576)
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.
362 Cavanagh Lane, 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 $768/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 39 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Milton have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.