$2,999,900 - 5580 Tremaine Road, Milton
Detached for Sale in Milton
36 days on market- MLS Number
- W12871878
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Milton
- Lot Size
- 2 sqft
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Approximately 2.0-acre parcel located within Milton's designated Future Strategic Employment Area, sharing the same planning framework as the surrounding Tremaine/Britannia employment lands and benefiting from proximity to the CN Milton Logistics Hub. The property is currently zoned agricultural but identified under Regional policy for future employment uses. The lands are part of an active landowners group, with secondary plan approval for the broader employment area anticipated in 2028.The parcel offers potential for employment development, land banking, or strategic assemblage, providing investor exposure to a major employment node without the carrying requirements of a larger landholding .Located in a supply-constrained employment land market, where logistics and industrial demand continues to exceed available serviced land.
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Estimated Payment
$13,269.57/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.
5580 Tremaine Road, 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
Premium Pricing
At $2727/sqft, this property is priced above the Milton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 36 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Investment Perspective
Looking at this as an investment: Milton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.