610 Farmstead Drive Unit 304, Milton

Price: $515,000

1 bedrooms, 1 bathrooms

600 sq ft

Property Type: Condo

MLS#: W12729892

Welcome to this stylish and refined 1-bedroom, 1-bath suite in Milton's brand-new boutique condominium by 6 Ten. This condo features an open concept layout enhanced by 9 ft ceilings and LVP flooring throughout. The modern eat-in kitchen is appointed with quartz countertops, stainless steel appliances, and a convenient breakfast bar. The unit offers generous living space with excellent closet storage, in-suite laundry, an open balcony, parking, and a locker. Building amenities include a fitness centre, party/media room, and a fenced dog park. Ideally situated in the heart of Milton, you're just moments from shopping, major highways, golf courses, and scenic parks.

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$515,000 - 610 Farmstead Drive Unit 304, Milton

Condo for Sale in Milton

31 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12729892
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Milton
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Welcome to this stylish and refined 1-bedroom, 1-bath suite in Milton's brand-new boutique condominium by 6 Ten. This condo features an open concept layout enhanced by 9 ft ceilings and LVP flooring throughout. The modern eat-in kitchen is appointed with quartz countertops, stainless steel appliances, and a convenient breakfast bar. The unit offers generous living space with excellent closet storage, in-suite laundry, an open balcony, parking, and a locker. Building amenities include a fitness centre, party/media room, and a fenced dog park. Ideally situated in the heart of Milton, you're just moments from shopping, major highways, golf courses, and scenic parks.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,642.22/mo

Includes CMHC insurance ($14,369)

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5-yr fixed avg.

Principal: $463,500Interest: $314,797
Mortgage Amount$477,869
Total Interest$314,797
Est. Property Tax$365/mo
Total Cost$792,665

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

610 Farmstead Drive Unit 304, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$938

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 $858/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 31 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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 $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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