71 Mill Street, Milton

Price: $1,925,000

4 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12930774

THIS. IS. LUXURY. Welcome to this Impeccably Restored Victorian home (circa 1905), where timeless charm meets elegance and modern comfort. From the moment you arrive, the home's striking curb appeal draws you in-featuring a welcoming front porch and beautifully landscaped perennial gardens, all set among Milton's loveliest century homes. Inside, soaring 10-foot ceilings and exquisite craftsmanship set the tone. Gleaming hardwood, crown moulding and deep baseboards and trim create a warm, refined atmosphere throughout. The main level offers a living room with fireplace, dining room conveniently off the kitchen and a study/office with fireplace and rich built-in cabinetry and woodwork. At the heart of the home is the stunning gourmet eat-in kitchen, thoughtfully designed with abundant cabinetry, granite counters and island. The adjoining heated solarium/conservatory is a true showpiece-an inviting space to unwind while enjoying serene views of the gardens year-round. Upstairs, you'll find 4 well-appointed bedrooms and a spa-like 4-pc family bath with heated floor. The primary bedroom features a soaring architectural vaulted ceiling, his/her closets and a luxurious 3-pc ensuite, also with heated flooring. A bonus third-level loft is drywalled and ready for your personal touch. Enjoy the peaceful backyard that is so private and complete with lush perennial gardens and a charming verandah. There is a separate 2-car garage and ample parking in the paved driveway. Additional highlights: approximately 2,300 sq ft above grade, 3 wood-burning fireplaces, central air conditioning, forced air natural gas heating, a separate entrance directly to the lower-level and a full basement with abundant storage. Ideally located within walking distance to schools, Rotary Park, splash pad, public pool, outdoor ice rink, shops, restaurants, Mill Pond, and Milton's vibrant downtown, this turn-key home offers a rare opportunity to own a piece of history-beautifully updated for modern living.

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$1,925,000 - 71 Mill Street, Milton

Detached for Sale in Milton

4Beds
2Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12930774
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
4
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Milton
Lot Size
8,730 sqft
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

THIS. IS. LUXURY. Welcome to this Impeccably Restored Victorian home (circa 1905), where timeless charm meets elegance and modern comfort. From the moment you arrive, the home's striking curb appeal draws you in-featuring a welcoming front porch and beautifully landscaped perennial gardens, all set among Milton's loveliest century homes. Inside, soaring 10-foot ceilings and exquisite craftsmanship set the tone. Gleaming hardwood, crown moulding and deep baseboards and trim create a warm, refined atmosphere throughout. The main level offers a living room with fireplace, dining room conveniently off the kitchen and a study/office with fireplace and rich built-in cabinetry and woodwork. At the heart of the home is the stunning gourmet eat-in kitchen, thoughtfully designed with abundant cabinetry, granite counters and island. The adjoining heated solarium/conservatory is a true showpiece-an inviting space to unwind while enjoying serene views of the gardens year-round. Upstairs, you'll find 4 well-appointed bedrooms and a spa-like 4-pc family bath with heated floor. The primary bedroom features a soaring architectural vaulted ceiling, his/her closets and a luxurious 3-pc ensuite, also with heated flooring. A bonus third-level loft is drywalled and ready for your personal touch. Enjoy the peaceful backyard that is so private and complete with lush perennial gardens and a charming verandah. There is a separate 2-car garage and ample parking in the paved driveway. Additional highlights: approximately 2,300 sq ft above grade, 3 wood-burning fireplaces, central air conditioning, forced air natural gas heating, a separate entrance directly to the lower-level and a full basement with abundant storage. Ideally located within walking distance to schools, Rotary Park, splash pad, public pool, outdoor ice rink, shops, restaurants, Mill Pond, and Milton's vibrant downtown, this turn-key home offers a rare opportunity to own a piece of history-beautifully updated for modern living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,514.92/mo

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5-yr fixed avg.

Principal: $1,540,000Interest: $1,014,477
Mortgage Amount$1,540,000
Total Interest$1,014,477
Est. Property Tax$1,364/mo
Total Cost$2,554,477

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

71 Mill Street, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,364
Insurance (est.)-$401
Net Cash Flow+$1,535

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $963/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 20 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.

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 $8,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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