$10,888,000 - 5784 & 9920 Fourth Line & Britannia Rd N/A, Milton
Detached for Sale in Milton
136 days on market- MLS Number
- W12522244
- Property Type
- Detached
- Status
- active
- Days on Site
- 136
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Milton
- Lot Size
- 1 sqft
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Presenting this rare opportunity to own at the northwest corner of Fourth Line and Britannia Road in Omagh, Milton.Combining two parcels totalling 1.4+ acres in one of Ontario's fastest-growing communities.Located at a key future high-density corner on the six-lane Britannia Road bypass, this site offers flexible options for mixed-use development with up to 8-storey buildings or 4-storey live/work units with no density limits, giving developers the freedom to create a standout project. The property is fully prepared for development, with Phase 1 Environmental clearance, Phase 1 & 2 Archaeological reports, survey and topographical survey, tree inventory, and pre-consultation with the Town of Milton completed. Water and sewer allocation has been approved by the Town Council, and the Region allocation deposit has been submitted to secure preferred servicing. Just minutes from parks, schools, retail, dining, and recreational facilities, with a new university campus planned nearby, the site offers excellent connectivity to Highways 401 and 407, Milton GO Station, and local transit. Surrounding neighbourhoods are already established, with new construction south of the property scheduled to begin in 2026, creating immediate context for future development. This corner assembly is poised for continued growth, boasting immediate development potential while offering long-term value and enduring appeal for visionary investors and developers.
Estimate your monthly payments for this property
Estimated Payment
$48,161.30/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.
5784 & 9920 Fourth Line & Britannia Rd N/A, Milton
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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
Premium Pricing
At $5444/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.
Negotiation Opportunity
At 136 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.
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 $45,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.