566 Laking Terrace N/A, Milton

Price: $889,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W13027194

Located In The Highly Desirable Clarke Community, This Less Than 9-year Old Bright And Spacious Freehold Townhome Offers Great Modernized Living Experience. Spacious Front Porch Provides Space For Family Relaxing. The Main Floor Boasts An Elegant Wood Flooring And A Bright And Open-concept Layout That Seamlessly Connects The Living, Dining, And Kitchen Areas. The Modern Eat-in Kitchen Is Equipped With A Large Centre Island, Stainless Steel Appliances, And A Walk-out To The Yard, Which Is Perfect For Everyday Enjoyment. Direct Interior Access To The Garage Added Everyday Convenience. Upstairs, You'll Find Three Generously Sized Bedrooms, Including A Spacious Primary Bedroom Complete With A Walk-in Closet And A 4-piece Ensuite. Second Bathroom Is Extremely Big And Bright With Vaulted Ceiling And Large Windows. Laundry Facilities On The Second Floor. Basement With Upgraded And Enlarged Windows With Extra Sunlight Flowing Inside. This Energy-efficient Home Is Energy Star Rated, Ensuring Lower Monthly Utility Bills. Minutes Away From 401, Go Station, Plaza, Mall, Schools, And Daycares.

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$889,000 - 566 Laking Terrace N/A, Milton

Townhouse for Sale in Milton

55 days on market
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W13027194
Property Type
Townhouse
Status
active
Days on Site
55
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Milton
Listing Brokerage
REAL HOME CANADA REALTY INC.
Description

Located In The Highly Desirable Clarke Community, This Less Than 9-year Old Bright And Spacious Freehold Townhome Offers Great Modernized Living Experience. Spacious Front Porch Provides Space For Family Relaxing. The Main Floor Boasts An Elegant Wood Flooring And A Bright And Open-concept Layout That Seamlessly Connects The Living, Dining, And Kitchen Areas. The Modern Eat-in Kitchen Is Equipped With A Large Centre Island, Stainless Steel Appliances, And A Walk-out To The Yard, Which Is Perfect For Everyday Enjoyment. Direct Interior Access To The Garage Added Everyday Convenience. Upstairs, You'll Find Three Generously Sized Bedrooms, Including A Spacious Primary Bedroom Complete With A Walk-in Closet And A 4-piece Ensuite. Second Bathroom Is Extremely Big And Bright With Vaulted Ceiling And Large Windows. Laundry Facilities On The Second Floor. Basement With Upgraded And Enlarged Windows With Extra Sunlight Flowing Inside. This Energy-efficient Home Is Energy Star Rated, Ensuring Lower Monthly Utility Bills. Minutes Away From 401, Go Station, Plaza, Mall, Schools, And Daycares.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,561.03/mo

Includes CMHC insurance ($24,803)

$
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5%10%50%

5-yr fixed avg.

Principal: $800,100Interest: $543,406
Mortgage Amount$824,903
Total Interest$543,406
Est. Property Tax$630/mo
Total Cost$1,368,309

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

566 Laking Terrace N/A, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$1,915

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 $593/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.

Negotiation Opportunity

At 55 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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.

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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    566 Laking Terrace N/A, Milton — $889,000 | Battaglia Team