7086 Tremaine Road, Milton

Price: $1,548,905

3 bedrooms, 3 bathrooms

1,100 sq ft

Property Type: Single Family Home

MLS#: W12674476

Live.. Work Or Grow...** Unique 1-acre property offering exceptional versatility for residential or commercial use** Zoned to accommodate both residential living and business applications, the property provides outstanding flexibility for a wide range of uses** The spacious bungalow offers 3 bedrooms and 3 baths, ideal for those seeking space to live, work, and grow**Endless potential to renovate, expand, or reconfigure based on your needs** Ideal for professionals wanting to operate a business from home while maintaining a comfortable family environment** Its convenient setting places you close to major amenities including shopping, dining, parks, and key transportation routes. The newly established Milton campuses for Laurier University and Conestoga College are just minutes away. Inground pool on property in as-is condition** This property delivers the rare ability to blend lifestyle and business in one setting** VTB Possible - Seller Can Provide First or Second Mortgage with good Interest Rates**

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$1,548,905 - 7086 Tremaine Road, Milton

Single Family Home for Sale in Milton

31 days on market
3Beds
3Baths
1,100Sq Ft
Single Family Home
Property Details
MLS Number
W12674476
Property Type
Single Family Home
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
3
Square Feet
1,100 sqft
Neighbourhood
Milton
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Live.. Work Or Grow...** Unique 1-acre property offering exceptional versatility for residential or commercial use** Zoned to accommodate both residential living and business applications, the property provides outstanding flexibility for a wide range of uses** The spacious bungalow offers 3 bedrooms and 3 baths, ideal for those seeking space to live, work, and grow**Endless potential to renovate, expand, or reconfigure based on your needs** Ideal for professionals wanting to operate a business from home while maintaining a comfortable family environment** Its convenient setting places you close to major amenities including shopping, dining, parks, and key transportation routes. The newly established Milton campuses for Laurier University and Conestoga College are just minutes away. Inground pool on property in as-is condition** This property delivers the rare ability to blend lifestyle and business in one setting** VTB Possible - Seller Can Provide First or Second Mortgage with good Interest Rates**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,851.33/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,239,124Interest: $816,275
Mortgage Amount$1,239,124
Total Interest$816,275
Est. Property Tax$1,097/mo
Total Cost$2,055,399

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

7086 Tremaine Road, 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)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,097
Insurance (est.)-$323
Net Cash Flow+$1,380

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

Premium Pricing

At $1408/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.

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.

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.

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 $6,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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