$1,089,000 - 57 Forbes Terrace, Milton
Semi-Detached for Sale in Milton
45 days on market- MLS Number
- W13056526
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- COLDWELL BANKER THE REALTY GROUP
Welcome to 57 Forbes Terrace - a beautifully upgraded, sun-filled 4-bedroom semi-detached home offering style, space, and income potential! This open-concept home features gleaming hardwood floors throughout the living and dining areas, and a modern upgraded kitchen with stainless steel appliances, granite countertops, and a breakfast bar overlooking the family room with walkout to a fully fenced backyard. Enjoy large, bright windows, a cozy double-sided gas fireplace, and convenient garage access toa mudroom with built-in storage and shelving. A bonus second-floor computer nook adds extra functional space. The spacious primary retreat boasts a walk-in closet and a luxurious ensuite with glass shower and soaker tub. This home also features a LEGAL 2-bedroom fully finished basement with a separate entrance and private laundry-perfect for rental income or extended family. Currently rented to AAA tenants willing to stay, subject to buyer approval. Main floor appliances (2025) and laundry (2024) and custom closets add modern value. Incredible curb appeal with interlock stone, a charming front porch, and professional landscaping. This stunning, move-in-ready home truly has it all-inside and out!
Estimate your monthly payments for this property
Estimated Payment
$4,817.01/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.
57 Forbes Terrace, Milton
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $545/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.
Market Position
At 45 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.
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 4 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.