471 Ollerenshaw Point, Milton

Price: $1,199,900

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W12939504

Offering over 3,700 sq ft of finished living space, this upgraded 4 bedroom plus den home delivers exceptional room across all three levels. The main floor features 9 ft ceilings, hardwood flooring, upgraded lighting, & a neutral colour palette. The eat in kitchen includes white cabinetry, stone countertops, stainless steel appliances, a breakfast bar island, and a walkout to the fully fenced backyard. The layout provides a formal living room, a separate dining room and an open family room with a gas fireplace. Upstairs, a spacious hardwood floored loft /den adds even more flexibility. All bedrooms are generously sized, including a primary suite with a massive walk in closet and a huge spa inspired 5 piece ensuite. Bedrooms 1 and 2 share a Jack and Jill bath, while bedroom 3 has its own private ensuite. The builder finished basement extends your living space with a large rec room, a 3 piece bathroom, and comfortable carpeting. Additional features include main floor laundry, interior garage access, a double car garage, and parking for six vehicles. Located in the Harrison neighbourhood with no front neighbours, the home is within walking distance to parks, schools, and everyday amenities, and falls within the catchment for two of Milton's top high schools.

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New Listing
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$1,199,900 - 471 Ollerenshaw Point, Milton

Detached for Sale in Milton

New — Listed 2 days ago
4Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W12939504
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Milton
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

Offering over 3,700 sq ft of finished living space, this upgraded 4 bedroom plus den home delivers exceptional room across all three levels. The main floor features 9 ft ceilings, hardwood flooring, upgraded lighting, & a neutral colour palette. The eat in kitchen includes white cabinetry, stone countertops, stainless steel appliances, a breakfast bar island, and a walkout to the fully fenced backyard. The layout provides a formal living room, a separate dining room and an open family room with a gas fireplace. Upstairs, a spacious hardwood floored loft /den adds even more flexibility. All bedrooms are generously sized, including a primary suite with a massive walk in closet and a huge spa inspired 5 piece ensuite. Bedrooms 1 and 2 share a Jack and Jill bath, while bedroom 3 has its own private ensuite. The builder finished basement extends your living space with a large rec room, a 3 piece bathroom, and comfortable carpeting. Additional features include main floor laundry, interior garage access, a double car garage, and parking for six vehicles. Located in the Harrison neighbourhood with no front neighbours, the home is within walking distance to parks, schools, and everyday amenities, and falls within the catchment for two of Milton's top high schools.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,307.56/mo

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5-yr fixed avg.

Principal: $959,920Interest: $632,349
Mortgage Amount$959,920
Total Interest$632,349
Est. Property Tax$850/mo
Total Cost$1,592,269

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

471 Ollerenshaw Point, 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)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$2,450

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 $480/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 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.

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.

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