61 Playfair Terrace, Milton

Price: $1,199,999

3 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12870336

Stone, Brick & Stucco Exterior Set On A Street Lined With Triple Car Garage Homes. Located In The Award Winning Traditions Community By Heathwood Homes, This Fully Upgraded 3 Bedroom, 3 Bathroom Home Offers Over 2,000 Sq Ft Of Refined Living In One Of Milton's Most Family Oriented Neighbourhoods. Surrounded By Parks, Schools And Scenic Trails, And Just Minutes To The Sherwood Community Centre And The Niagara Escarpment, This Location Blends Natural Beauty With Everyday Convenience. With Soaring Ceilings And Luxury Finishes Throughout, This Prestigious Home Showcases Thoughtful Renovations & Elegant Design. From The Moment You Enter, Smooth Cathedral Ceilings Above The Staircase & Impressive 9 Ft Ceilings Create A Bright, Open Atmosphere. The Separate Dining Room Features An Elegant Tray Ceiling.The Open Concept Main Floor Offers A Spacious Great Room With Vaulted Ceiling & Cozy Fireplace, Seamlessly Connected To A Sleek Kitchen With Crisp White Cabinetry, Granite Countertops, Tile Backsplash, Extended Cabinetry And Breakfast Bar. Walk Out To A Beautifully Landscaped Backyard Complete With A Brand New Deck.Up The Curved Hardwood Staircase, Oversized Windows Flood The Home With Natural Light. The Primary Retreat Features Vinyl Plank Flooring, His And Hers Walk In Closets, A Tray Ceiling, And A Newly Renovated Spa Inspired Ensuite With A Deep Soaker Tub, Frameless Glass Walk In Shower And Double Vanity. All Washrooms Have Been Tastefully Updated With Luxurious Finishes.The Fully Finished Basement (2022) Provides Exceptional Additional Living Space With Laminate Flooring, Pot Lights, Egress Windows And Rough Ins For A Future Kitchen And Bathroom, Creating Excellent In Law Suite Potential. Situated In Milton's Sought After Scott Neighbourhood, This Home Is Steps To Scenic Walking And Biking Trails, Charming Local Cafes, Parks, And The Vibrant Shops And Restaurants Of Downtown Milton, Offering An Exceptional Lifestyle In One Of The Town's Most Desirable Communities.

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$1,199,999 - 61 Playfair Terrace, Milton

Detached for Sale in Milton

3Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12870336
Property Type
Detached
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Milton
Listing Brokerage
EXP REALTY
Description

Stone, Brick & Stucco Exterior Set On A Street Lined With Triple Car Garage Homes. Located In The Award Winning Traditions Community By Heathwood Homes, This Fully Upgraded 3 Bedroom, 3 Bathroom Home Offers Over 2,000 Sq Ft Of Refined Living In One Of Milton's Most Family Oriented Neighbourhoods. Surrounded By Parks, Schools And Scenic Trails, And Just Minutes To The Sherwood Community Centre And The Niagara Escarpment, This Location Blends Natural Beauty With Everyday Convenience. With Soaring Ceilings And Luxury Finishes Throughout, This Prestigious Home Showcases Thoughtful Renovations & Elegant Design. From The Moment You Enter, Smooth Cathedral Ceilings Above The Staircase & Impressive 9 Ft Ceilings Create A Bright, Open Atmosphere. The Separate Dining Room Features An Elegant Tray Ceiling.The Open Concept Main Floor Offers A Spacious Great Room With Vaulted Ceiling & Cozy Fireplace, Seamlessly Connected To A Sleek Kitchen With Crisp White Cabinetry, Granite Countertops, Tile Backsplash, Extended Cabinetry And Breakfast Bar. Walk Out To A Beautifully Landscaped Backyard Complete With A Brand New Deck.Up The Curved Hardwood Staircase, Oversized Windows Flood The Home With Natural Light. The Primary Retreat Features Vinyl Plank Flooring, His And Hers Walk In Closets, A Tray Ceiling, And A Newly Renovated Spa Inspired Ensuite With A Deep Soaker Tub, Frameless Glass Walk In Shower And Double Vanity. All Washrooms Have Been Tastefully Updated With Luxurious Finishes.The Fully Finished Basement (2022) Provides Exceptional Additional Living Space With Laminate Flooring, Pot Lights, Egress Windows And Rough Ins For A Future Kitchen And Bathroom, Creating Excellent In Law Suite Potential. Situated In Milton's Sought After Scott Neighbourhood, This Home Is Steps To Scenic Walking And Biking Trails, Charming Local Cafes, Parks, And The Vibrant Shops And Restaurants Of Downtown Milton, Offering An Exceptional Lifestyle In One Of The Town's Most Desirable Communities.

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Estimated Payment

$5,308.00/mo

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5-yr fixed avg.

Principal: $959,999Interest: $632,401
Mortgage Amount$959,999
Total Interest$632,401
Est. Property Tax$850/mo
Total Cost$1,592,400

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

61 Playfair Terrace, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,900/mo
Range: $2,465 - $3,335
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,900
Maintenance Fees-$0
Property Tax (est.)-$850
Insurance (est.)-$250
Net Cash Flow+$1,800

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

Competitive Pricing

At $600/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 23 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.

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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