$669,900 - 562 Pharo Point, Milton
Townhouse for Sale in Milton
New — Listed 5 days ago- MLS Number
- W12985446
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Welcome to this beautifully maintained 2-bedroom freehold townhome offering the perfect blend of comfort, functionality, and value-complete with the rare bonus of three-car parking in one of Milton's most family-friendly neighbourhoods. Step inside to a bright, open-concept main floor featuring spacious principal rooms, large windows, and a seamless flow between the living, dining, and kitchen areas-ideal for both everyday living and entertaining. The kitchen is well-appointed with ample workspace and storage, creating a warm and inviting central hub of the home. Upstairs, you'll find two generously sized bedrooms, offering flexibility for first-time buyers, young families, or professionals needing space for a home office. The thoughtful layout maximizes every square foot, delivering both comfort and practicality throughout. Enjoy your own private outdoor space-perfect for relaxing or hosting during the warmer months. With freehold ownership and no condo fees, combined with the convenience of three-car parking, this home stands out as a rare opportunity in the Milton market. Ideally located just a short walk to the Milton Sports Centre, residents enjoy access to indoor ice rinks, swimming pools, fitness facilities, and a wide variety of sports and recreational programs year-round. Surrounded by parks, schools, trails, and everyday amenities, with easy access to shopping and commuter routes, this home offers an exceptional lifestyle in a vibrant and growing Milton community.
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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.
562 Pharo Point, 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
Fair Market Value
At $957/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Milton have shown strong appreciation as families seek more space.
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.
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 $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.