424 Tonelli Lane, Milton

Price: $1,399,000

4 bedrooms, 4 bathrooms

2,500 sq ft

Property Type: Single Family Home

MLS#: W12500610

Designer Home in Most Sought Neighborhood of Scott In Milton. Stunning upgrades in this ever popular Huxley model. Exquisite wrought iron inserts in front door. Great Size Combined Living and Dinning Room. Bright and spacious main level offering 9ft ceilings, pot lights, impressive crown molding, designer series hardwood flooring thru out. Family room awaits you with stone accent wall and cosy gas fireplace which opens to Chefs Dream kitchen. Custom designed with Rich maple hardwood cupboards, Island , granite counters, backsplash w medallion, Italian tile flooring. Built in oven/microwave, wolf gas cook top, bosch dishwasher, top of the line Sirius series rangehood overlooking a sunny eat in area with patio access to large deck with iron spindles. Main floor also features ugraded laundry area, garage access and side entrance to basement. A beautiful dark hardwood staircase takes you to the upper level with cosy loft perfect for office/music or play area. Double entry master bedroom with a magnificent ensuite featuring a free standing soaker tub and luxurious glass Grohe jets separate shower. 4th bdrm offers semi ensuite. Beautifully landscaped front yard with big parking which can accommodate 5 cars not including double garage. Impressive in the evening with exterior pot lights front, back and sides of home. 2 Bedroom Legal Basement Apartment best for Inlaw suit or can be rented to help for the mortgage. Close to all Milton has to offer, schools, parks, shopping.

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$1,399,000 - 424 Tonelli Lane, Milton

Single Family Home for Sale in Milton

31 days on market
4Beds
4Baths
2,500Sq Ft
Single Family Home
Property Details
MLS Number
W12500610
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
4
Square Feet
2,500 sqft
Neighbourhood
Milton
Lot Size
343 sqft
Listing Brokerage
SAVE MAX REAL ESTATE INC.
Description

Designer Home in Most Sought Neighborhood of Scott In Milton. Stunning upgrades in this ever popular Huxley model. Exquisite wrought iron inserts in front door. Great Size Combined Living and Dinning Room. Bright and spacious main level offering 9ft ceilings, pot lights, impressive crown molding, designer series hardwood flooring thru out. Family room awaits you with stone accent wall and cosy gas fireplace which opens to Chefs Dream kitchen. Custom designed with Rich maple hardwood cupboards, Island , granite counters, backsplash w medallion, Italian tile flooring. Built in oven/microwave, wolf gas cook top, bosch dishwasher, top of the line Sirius series rangehood overlooking a sunny eat in area with patio access to large deck with iron spindles. Main floor also features ugraded laundry area, garage access and side entrance to basement. A beautiful dark hardwood staircase takes you to the upper level with cosy loft perfect for office/music or play area. Double entry master bedroom with a magnificent ensuite featuring a free standing soaker tub and luxurious glass Grohe jets separate shower. 4th bdrm offers semi ensuite. Beautifully landscaped front yard with big parking which can accommodate 5 cars not including double garage. Impressive in the evening with exterior pot lights front, back and sides of home. 2 Bedroom Legal Basement Apartment best for Inlaw suit or can be rented to help for the mortgage. Close to all Milton has to offer, schools, parks, shopping.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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

424 Tonelli Lane, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$2,268

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 $560/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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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