597 Speyer Circle, Milton

Price: $689,000

2 bedrooms, 2 bathrooms

700 sq ft

Property Type: Townhouse

MLS#: W12659442

Bright, Beautiful Spacious, Freshly Painted Freehold Townhome, Open Concept Living & Dining Room, Good Size Kitchen With Breakfast Ideal For Small Family And First Time Buyers. Bar, Backsplash With Walkout To Deck! Large Master Bedroom With W/I Closet. Spacious Second Room Has A Double Closet, 3 Car Parking, No Sidewalk, Large Foyer, Lots Of Storage! Great Home For Entertaining! Close To Everything Of Importance, Schools, Hospitals, Shopping & Parks

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$689,000 - 597 Speyer Circle, Milton

Townhouse for Sale in Milton

33 days on market
2Beds
2Baths
700Sq Ft
Townhouse
Property Details
MLS Number
W12659442
Property Type
Townhouse
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
2
Square Feet
700 sqft
Neighbourhood
Milton
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Bright, Beautiful Spacious, Freshly Painted Freehold Townhome, Open Concept Living & Dining Room, Good Size Kitchen With Breakfast Ideal For Small Family And First Time Buyers. Bar, Backsplash With Walkout To Deck! Large Master Bedroom With W/I Closet. Spacious Second Room Has A Double Closet, 3 Car Parking, No Sidewalk, Large Foyer, Lots Of Storage! Great Home For Entertaining! Close To Everything Of Importance, Schools, Hospitals, Shopping & Parks

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,534.93/mo

Includes CMHC insurance ($19,223)

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5-yr fixed avg.

Principal: $620,100Interest: $421,155
Mortgage Amount$639,323
Total Interest$421,155
Est. Property Tax$488/mo
Total Cost$1,060,478

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

597 Speyer Circle, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$1,568

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $984/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.

Market Position

At 33 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.

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 $2,871 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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