5165 PINERIDGE Drive, Milton

Price: $2,390,000

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W12890348

Executive Bungalow With Over 6000 Sqft Of Finished Living Space. From The Moment You Enter You Will Be Impressed By Soaring 14' Vaulted Ceilings And Loads Of Windows Allowing Vistas Of The Backyard Oasis Including 50'X20' Saltwater Pool And Treed Conservation Beyond. The Main Floor Encompasses Intimate Living And Dining Rooms With A Private Office Plus Master Suite Getaway With Luxurious 5 Piece Ensuite, Fireplace And French Doors To Deck.

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$2,390,000 - 5165 PINERIDGE Drive, Milton

Detached for Sale in Milton

5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W12890348
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Milton
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Executive Bungalow With Over 6000 Sqft Of Finished Living Space. From The Moment You Enter You Will Be Impressed By Soaring 14' Vaulted Ceilings And Loads Of Windows Allowing Vistas Of The Backyard Oasis Including 50'X20' Saltwater Pool And Treed Conservation Beyond. The Main Floor Encompasses Intimate Living And Dining Rooms With A Private Office Plus Master Suite Getaway With Luxurious 5 Piece Ensuite, Fireplace And French Doors To Deck.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,571.78/mo

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5-yr fixed avg.

Principal: $1,912,000Interest: $1,259,533
Mortgage Amount$1,912,000
Total Interest$1,259,533
Est. Property Tax$1,693/mo
Total Cost$3,171,533

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

5165 PINERIDGE Drive, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,693
Insurance (est.)-$498
Net Cash Flow+$2,009

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 $797/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 19 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.

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 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.

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