5590 STEELES Avenue, Milton

Price: $3,795,000

6 bedrooms, 3 bathrooms

3,000 sq ft

Property Type: Single Family Home

MLS#: W12465620

Discover an unparalleled gem rarely available on the market: a private and serene estate with a custom-designed home that fulfills every dream. Set on over 10 lush acres amidst the stunning Niagara Escarpment, this meticulously cared-for property is just minutes from the 401 and downtown Milton. Surrounded by vibrant perennial gardens and towering mature trees, this home is perfectly positioned in the heart of Halton Conservation's premier parks. You'll be just moments from Kelso Conservation Area, Rattlesnake Point, Crawford Lake, Hilton Falls, and the Bruce Trail ideal for outdoor enthusiasts and nature lovers. The custom-built bungalow features over 6,000 sq. ft. of exquisite living space. Its open-concept design showcases vaulted ceilings, a double-sided stone fireplace, a spacious kitchen with pine cabinets, granite countertops, and an island. A convenient wet bar, elegant dining room, and a fantastic outdoor screen room offers the perfect space for 3-season entertaining. Enjoy stunning views from walkout decks off the kitchen, screen room, sun room, and master bedroom balcony. The lower level is a haven of relaxation and recreation. You will find a large recreation room with a cozy wood-burning stove, a games room, four additional bedrooms, and access to a three-car garage. Walk out to a luxurious inground pool with a hot tub, cabana, and a soothing water feature. The home is equipped with a 400-amp electrical service, a propane-powered generator, and a geothermal heating and cooling system. A separate two-car garage provides the ideal "Man Cave" and additional storage for garden equipment. Garden enthusiasts will love the large greenhouse/potting shed, and the property boasts a fire pit with a patio area, night landscape lighting, and over one kilometer of meticulously groomed walking trails. Why settle for a cottage when you can have this dream home without the drive? Experience the ultimate in luxury and tranquility this is truly what dreams are made of!

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$3,795,000 - 5590 STEELES Avenue, Milton

Single Family Home for Sale in Milton

6Beds
3Baths
3,000Sq Ft
Single Family Home
Property Details
MLS Number
W12465620
Property Type
Single Family Home
Status
active
Days on Site
30
Bedrooms
6
Bathrooms
3
Square Feet
3,000 sqft
Neighbourhood
Milton
Lot Size
10 sqft
Listing Brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage
Description

Discover an unparalleled gem rarely available on the market: a private and serene estate with a custom-designed home that fulfills every dream. Set on over 10 lush acres amidst the stunning Niagara Escarpment, this meticulously cared-for property is just minutes from the 401 and downtown Milton. Surrounded by vibrant perennial gardens and towering mature trees, this home is perfectly positioned in the heart of Halton Conservation's premier parks. You'll be just moments from Kelso Conservation Area, Rattlesnake Point, Crawford Lake, Hilton Falls, and the Bruce Trail ideal for outdoor enthusiasts and nature lovers. The custom-built bungalow features over 6,000 sq. ft. of exquisite living space. Its open-concept design showcases vaulted ceilings, a double-sided stone fireplace, a spacious kitchen with pine cabinets, granite countertops, and an island. A convenient wet bar, elegant dining room, and a fantastic outdoor screen room offers the perfect space for 3-season entertaining. Enjoy stunning views from walkout decks off the kitchen, screen room, sun room, and master bedroom balcony. The lower level is a haven of relaxation and recreation. You will find a large recreation room with a cozy wood-burning stove, a games room, four additional bedrooms, and access to a three-car garage. Walk out to a luxurious inground pool with a hot tub, cabana, and a soothing water feature. The home is equipped with a 400-amp electrical service, a propane-powered generator, and a geothermal heating and cooling system. A separate two-car garage provides the ideal "Man Cave" and additional storage for garden equipment. Garden enthusiasts will love the large greenhouse/potting shed, and the property boasts a fire pit with a patio area, night landscape lighting, and over one kilometer of meticulously groomed walking trails. Why settle for a cottage when you can have this dream home without the drive? Experience the ultimate in luxury and tranquility this is truly what dreams are made of!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$16,786.57/mo

$
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5-yr fixed avg.

Principal: $3,036,000Interest: $1,999,970
Mortgage Amount$3,036,000
Total Interest$1,999,970
Est. Property Tax$2,688/mo
Total Cost$5,035,970

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

5590 STEELES Avenue, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,688
Insurance (est.)-$791
Net Cash Flow+$1,121

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

Premium Pricing

At $1265/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 30 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.

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 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 3 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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