$1,800/mo - 550 Yates Drive Unit Bsmt, Milton
Detached for Rent in Milton
103 days on market- MLS Number
- W12844524
- Property Type
- Detached
- Status
- active
- Days on Site
- 103
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Wifi Internet Included!! Bright 2 Bedroom Basement Apartment Available For Lease At 550 Yates Drive In Milton's Desirable Coates Neighbourhood. This Unit Features An Open-Concept Kitchen/Living Area With Stylish White Cabinets, Granite Countertops, Dual Undermount Sink, And Stainless Steel Appliances. Enjoy Luxury Vinyl Flooring Throughout, Large Windows For Plenty Of Natural Light, A Private 4-Piece Bathroom, And A Convenient Ensuite Laundry. One Dedicated Driveway Parking Spot Is Included. Located Steps From Coates Neighbourhood Park With Its Playground, Splash Pad, Soccer Fields, And Walking Paths, And Close To Top Schools, Shopping, Transit, And Quick Access To Highways. Ideal For Renters Seeking Comfortable, Independent Living In A Quiet, Family-Friendly Area. Tenant is Responsible for 30% of the Utility Bill.
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.
550 Yates Drive Unit Bsmt, Milton
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,800/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Milton. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 103 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.