$1,599,900 - 51 Main Street, Milton
Detached for Sale in Milton
Popular Listing- MLS Number
- W12956500
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Experience the charm of Campbellville with this custom-built (2005) detached home offering over 3,000 sq. ft. of living space and exceptional versatility. Featuring a 3+1 bedroom main residence plus a fully detached rear garden suite, this property presents a rare opportunity for investors, end-users, and developers alike.The rear garden suite offers incredible flexibility and can easily function as a shop, Airbnb, or additional rental unit. Completely renovated in 2023, it features new flooring, a new water heater, and ensuite laundry-making it turnkey and income-ready.Positioned on Main Street North (Guelph Line), this property is being offered in conjunction with neighbouring 45 Main Street as a potential land assembly-creating approximately 0.75 acres with strong frontage and exceptional exposure along a high-traffic corridor.Located in a highly desirable hamlet known for its proximity to luxury estate homes, Mohawk Racetrack, and quick access to Hwy 401, the area continues to experience strong demand with limited supply. Early municipal feedback has been supportive of a range of commercial and mixed-use redevelopment possibilities.Well, water, and septic studies have been completed, and when combined with the adjacent property, the site offers strong potential for a multi-use commercial/residential development or live-work townhomes (buyer to complete due diligence).The home itself offers significant potential with spacious living areas and a flexible layout, ideal for customization or future repositioning.A unique opportunity to secure a high-potential asset in a growing and strategically located community with both immediate usability and long-term upside.
Estimate your monthly payments for this property
Estimated Payment
$7,076.90/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.
51 Main Street, 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 $533/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.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Milton.
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.