5590 STEELES Avenue, Milton

Price: $3,290,000

6 bedrooms, 3 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13224274

Discover a rare, private estate that delivers the ultimate "no-commute cottage" lifestyle. Set on over 10 lush acres amidst the stunning Niagara Escarpment, this meticulously maintained property is just minutes from downtown Milton and the new 401 & Tremaine exchange. Surrounded by vibrant perennial gardens and mature trees, you are perfectly positioned in the heart of Halton Conservation's premier parks. Including Kelso, Rattlesnake Point, and the Bruce Trail, ideal for outdoor enthusiasts who want nature on their doorstep. The custom-built bungalow features over 6,000 sq. ft. of open-concept living space. The main level showcases vaulted ceilings, a double-sided stone fireplace, and a spacious kitchen with pine cabinets, granite countertops, and a center island. A convenient wet bar, elegant dining room, and a fantastic outdoor screen room offer the perfect setup for 3-season entertaining. Enjoy panoramic views from walkout decks off the kitchen, screen room, sunroom, and the primary bedroom balcony. The lower level is a haven for relaxation, recreation, or remote work. You'll find a large rec room with a cozy wood-burning stove, a games room, four additional bedrooms, and convenient access to the attached three-car garage. Walk out directly to a resort-style inground pool complete with a hot tub, cabana, and a soothing water feature. The property is fully equipped with high-speed fibre internet, an eco-friendly geothermal heating and cooling system, 400-amp electrical service, and a backup propane generator. A separate two-car garage provides the ideal workshop, studio, or "Man Cave," while a large greenhouse caters to garden enthusiasts. The park-like grounds boast a fire pit with a patio area, night landscape lighting, and over one kilometre of meticulously groomed private walking trails. Why waste your weekends fighting cottage traffic when you can have this premium retreat without the drive? Experience the perfect balance of luxury, privacy, and connectivity.

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active
New Listing
1/50

$3,290,000 - 5590 STEELES Avenue, Milton

Detached for Sale in Milton

New — Listed 7 days ago
6Beds
3Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13224274
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
3
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Milton
Lot Size
10 sqft
Listing Brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage
Description

Discover a rare, private estate that delivers the ultimate "no-commute cottage" lifestyle. Set on over 10 lush acres amidst the stunning Niagara Escarpment, this meticulously maintained property is just minutes from downtown Milton and the new 401 & Tremaine exchange. Surrounded by vibrant perennial gardens and mature trees, you are perfectly positioned in the heart of Halton Conservation's premier parks. Including Kelso, Rattlesnake Point, and the Bruce Trail, ideal for outdoor enthusiasts who want nature on their doorstep. The custom-built bungalow features over 6,000 sq. ft. of open-concept living space. The main level showcases vaulted ceilings, a double-sided stone fireplace, and a spacious kitchen with pine cabinets, granite countertops, and a center island. A convenient wet bar, elegant dining room, and a fantastic outdoor screen room offer the perfect setup for 3-season entertaining. Enjoy panoramic views from walkout decks off the kitchen, screen room, sunroom, and the primary bedroom balcony. The lower level is a haven for relaxation, recreation, or remote work. You'll find a large rec room with a cozy wood-burning stove, a games room, four additional bedrooms, and convenient access to the attached three-car garage. Walk out directly to a resort-style inground pool complete with a hot tub, cabana, and a soothing water feature. The property is fully equipped with high-speed fibre internet, an eco-friendly geothermal heating and cooling system, 400-amp electrical service, and a backup propane generator. A separate two-car garage provides the ideal workshop, studio, or "Man Cave," while a large greenhouse caters to garden enthusiasts. The park-like grounds boast a fire pit with a patio area, night landscape lighting, and over one kilometre of meticulously groomed private walking trails. Why waste your weekends fighting cottage traffic when you can have this premium retreat without the drive? Experience the perfect balance of luxury, privacy, and connectivity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$14,552.78/mo

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5-yr fixed avg.

Principal: $2,632,000Interest: $1,733,834
Mortgage Amount$2,632,000
Total Interest$1,733,834
Est. Property Tax$2,330/mo
Total Cost$4,365,834

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)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,330
Insurance (est.)-$685
Net Cash Flow+$1,585

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

Fair Market Value

At $1097/sqft, this property is priced in line with current Milton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

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    5590 STEELES Avenue, Milton — $3,290,000 | Battaglia Team