558 Hood Terrace, Milton

Price: $1,348,900

6 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13213924

Welcome To This Upgraded Detached Home Situated On A Premium 46' Lot In The Highly Desirable Coates Community, Located On A Quiet Family-Friendly Terrace. Offering 4 Spacious Bedrooms, 4 Bathrooms, A Separate Den/Study Area, And A Finished Basement With Additional Living Space, This Home Is Designed For Comfortable Family Living And Entertaining. The Main Floor Features 9' Ceilings, Hardwood Flooring Throughout, Crown Moulding, Pot Lights, And An Impressive 18' Cathedral Ceiling In The Living Room With Oversized Windows Bringing In Plenty Of Natural Light. The Open-Concept Layout Includes A Formal Dining Area, Spacious Family Room With Fireplace, And A Family-Sized Kitchen Complete With Upgraded Cabinetry, Granite Countertops, Backsplash, Stainless Steel Appliances, And Breakfast Area Overlooking The Backyard.Upstairs, The Oversized Primary Bedroom Offers A 5-Piece Ensuite And Walk-In Closet, While The Additional Bedrooms Are Generously Sized With Hardwood Flooring And Ample Closet Space. A Separate Second-Floor Den Overlooking The Living Area Provides The Perfect Space For A Home Office Or Study Area.The Finished Basement Adds Valuable Extra Living Space With Additional Bedrooms, Living Area, And Kitchen Setup Potential - Ideal For Extended Family Or Entertainment Use. Complete With A Double Car Garage, Wood Staircase, Upgraded Finishes Throughout, And Located Close To Top-Rated Schools, Parks, Trails, Shopping, And All Amenities, This Is An Excellent Opportunity To Own A Spacious Family Home In One Of Milton's Most Sought-After Neighbourhoods.

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$1,348,900 - 558 Hood Terrace, Milton

Detached for Sale in Milton

6Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W13213924
Property Type
Detached
Status
active
Days on Site
15
Bedrooms
6
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Milton
Listing Brokerage
SAIGAL REALTY INC.
Description

Welcome To This Upgraded Detached Home Situated On A Premium 46' Lot In The Highly Desirable Coates Community, Located On A Quiet Family-Friendly Terrace. Offering 4 Spacious Bedrooms, 4 Bathrooms, A Separate Den/Study Area, And A Finished Basement With Additional Living Space, This Home Is Designed For Comfortable Family Living And Entertaining. The Main Floor Features 9' Ceilings, Hardwood Flooring Throughout, Crown Moulding, Pot Lights, And An Impressive 18' Cathedral Ceiling In The Living Room With Oversized Windows Bringing In Plenty Of Natural Light. The Open-Concept Layout Includes A Formal Dining Area, Spacious Family Room With Fireplace, And A Family-Sized Kitchen Complete With Upgraded Cabinetry, Granite Countertops, Backsplash, Stainless Steel Appliances, And Breakfast Area Overlooking The Backyard.Upstairs, The Oversized Primary Bedroom Offers A 5-Piece Ensuite And Walk-In Closet, While The Additional Bedrooms Are Generously Sized With Hardwood Flooring And Ample Closet Space. A Separate Second-Floor Den Overlooking The Living Area Provides The Perfect Space For A Home Office Or Study Area.The Finished Basement Adds Valuable Extra Living Space With Additional Bedrooms, Living Area, And Kitchen Setup Potential - Ideal For Extended Family Or Entertainment Use. Complete With A Double Car Garage, Wood Staircase, Upgraded Finishes Throughout, And Located Close To Top-Rated Schools, Parks, Trails, Shopping, And All Amenities, This Is An Excellent Opportunity To Own A Spacious Family Home In One Of Milton's Most Sought-After Neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,966.64/mo

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5-yr fixed avg.

Principal: $1,079,120Interest: $710,872
Mortgage Amount$1,079,120
Total Interest$710,872
Est. Property Tax$955/mo
Total Cost$1,789,992

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

558 Hood Terrace, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$955
Insurance (est.)-$281
Net Cash Flow+$3,114

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $540/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 15 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.

Excellent Flexibility

With 6 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.

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    558 Hood Terrace, Milton — $1,348,900 | Battaglia Team