687 Megson Terrace, Milton

Price: $980,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W12976482

Welcome to this impeccably maintained, move-in ready 3-bedroom, 4-bath home nestled in the highly desirable Willmott community of Milton. From the moment you step inside, you'll be greeted by a warm and welcoming atmosphere, enhanced by upgraded modern light fixtures and a thoughtfully designed open-concept layout. The main level features 9ft ceilings, elegant hardwood flooring and a stunning natural gas fireplace with a custom wood mantle, creating the perfect space for everyday living and entertaining. A beautifully upgraded staircase add a touch of sophistication to the home's overall design. Upstairs, you'll find bright and spacious bedrooms filled with natural light, complemented by chic laminate floor that brings a modern, contemporary feel throughout the level. The professionally finished basement offers an inviting recreation room - ideal, family, gatherings, a home theatre, or a play area - with a large cold cellar for additional storage. The kitchen is complete with stainless steel appliances and bright, cozy, breakfast area, perfect for your morning coffee. Located in a family friendly neighbourhood, close to hospital, schools, Park, and shopping, this home offers the perfect balance of elegance, style and location.

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New Listing
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$980,000 - 687 Megson Terrace, Milton

Semi-Detached for Sale in Milton

New — Listed 7 days ago
3Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
W12976482
Property Type
Semi-Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Milton
Listing Brokerage
SKYBOUND REALTY
Description

Welcome to this impeccably maintained, move-in ready 3-bedroom, 4-bath home nestled in the highly desirable Willmott community of Milton. From the moment you step inside, you'll be greeted by a warm and welcoming atmosphere, enhanced by upgraded modern light fixtures and a thoughtfully designed open-concept layout. The main level features 9ft ceilings, elegant hardwood flooring and a stunning natural gas fireplace with a custom wood mantle, creating the perfect space for everyday living and entertaining. A beautifully upgraded staircase add a touch of sophistication to the home's overall design. Upstairs, you'll find bright and spacious bedrooms filled with natural light, complemented by chic laminate floor that brings a modern, contemporary feel throughout the level. The professionally finished basement offers an inviting recreation room - ideal, family, gatherings, a home theatre, or a play area - with a large cold cellar for additional storage. The kitchen is complete with stainless steel appliances and bright, cozy, breakfast area, perfect for your morning coffee. Located in a family friendly neighbourhood, close to hospital, schools, Park, and shopping, this home offers the perfect balance of elegance, style and location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,027.91/mo

Includes CMHC insurance ($27,342)

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5-yr fixed avg.

Principal: $882,000Interest: $599,030
Mortgage Amount$909,342
Total Interest$599,030
Est. Property Tax$694/mo
Total Cost$1,508,372

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

687 Megson Terrace, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$694
Insurance (est.)-$204
Net Cash Flow+$1,902

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 30+ years of GTA real estate experience

Competitive Pricing

At $653/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 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.

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