$1,599,000 - 366 Cochrane Terrace, Milton
Single Family Home for Sale in Milton
31 days on market- MLS Number
- W12571392
- Property Type
- Single Family Home
- Status
- active
- Days on Site
- 31
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 sqft
- Neighbourhood
- Milton
- Lot Size
- 8,229 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Stunning Family Home on a Premium Lot in Milton!Welcome to this beautifully upgraded home with approx 2800sqft on main and 2nd flr + finished basement. Originally a 4-bedroom layout, it has been thoughtfully converted to 3 bedrooms + 2nd flr media room ideal for movie nights or a home office on 2nd floor or Seller can convert back to 4th bedroom by adding wall back. The home is nestled on one of the larger lots in the neighbourhood, offering exceptional outdoor and indoor living. From the moment you arrive, youll notice the stamped concrete driveway and walkways that flow seamlessly from front to back, surrounded by lush, professionally landscaped gardens an entertainers dream complete with an above-ground pool for summer fun!Inside, youll find hardwood flooring throughout and elegant wainscotting that add timeless charm to the home. . The finished basement extends your living space with a bedroom, 3-piece bathroom, rec room, and kitchenette perfect for guests or extended family.Additional highlights include no sidewalk, providing ample parking, and a family-friendly location close to parks, schools, and shopping.This home truly has it all space, style, and comfort inside and out. Dont miss your chance to own this exceptional property in Milton! Extras: 2 EV charger (Telsa 48amp and 40amp 200amp upgrade panel, Backup generator ready, Pattern concrete surrounding the whole hose $60K upgrade, Brand new furnace installed 2024, 14 seer energy efficient A/C installed 2023, Wifi garage openers installed 2025, Hardwood floor with extra subfloor for soundproofing, Wainscoting and waffle ceiling in the living room, Led exterior pot lights, Gas barbecue line, California shutters, Commercial grade gas stove And range hood, Upgraded cabinets, 6/7 car parking on driveway plus 2 car garage, Above ground pool, 4 storage sheds, Energy efficient hot water tank, Gas laundry, Cold cellar, Energy efficient certified home with R60-R80.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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.
366 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 25+ years of GTA real estate experience
Competitive Pricing
At $640/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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.
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.
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 $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.