8010 Derry Road N/A Unit 705, Milton

Price: $549,998

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W12460482

Experience stylish, maintenance-free living in this beautiful one-bedroom suite at the new Connectt Condominiums. This bright and spacious unit features an open-concept layout with large windows that illuminate the suite with natural light and showcase stunning, unobstructed views of the Milton Escarpment, a perfect setting for enjoying beautiful evening sunsets. The modern kitchen features elegant finishes, and stainless steel appliances, including a fridge, stove, dishwasher, microwave, and stackable washer/dryer. Thoughtfully upgraded with Louvered white shutters , a moveable kitchen island, upgraded ceiling and under-cabinet lighting, enhanced bathroom finishes, and custom enhancements throughout. This suite truly stands out! Residents enjoy exceptional amenities including a fitness center, rooftop terrace, outdoor pool, party room, lounge areas, and concierge service. Ideally located for families and commuters, just minutes from various supermarkets, the Milton District Hospital, scenic trails, local schools, and the Milton Go transit, with easy access to major highways.

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$549,998 - 8010 Derry Road N/A Unit 705, Milton

Condo for Sale in Milton

65 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12460482
Property Type
Condo
Status
active
Days on Site
65
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Milton
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.
Description

Experience stylish, maintenance-free living in this beautiful one-bedroom suite at the new Connectt Condominiums. This bright and spacious unit features an open-concept layout with large windows that illuminate the suite with natural light and showcase stunning, unobstructed views of the Milton Escarpment, a perfect setting for enjoying beautiful evening sunsets. The modern kitchen features elegant finishes, and stainless steel appliances, including a fridge, stove, dishwasher, microwave, and stackable washer/dryer. Thoughtfully upgraded with Louvered white shutters , a moveable kitchen island, upgraded ceiling and under-cabinet lighting, enhanced bathroom finishes, and custom enhancements throughout. This suite truly stands out! Residents enjoy exceptional amenities including a fitness center, rooftop terrace, outdoor pool, party room, lounge areas, and concierge service. Ideally located for families and commuters, just minutes from various supermarkets, the Milton District Hospital, scenic trails, local schools, and the Milton Go transit, with easy access to major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.77/mo

Includes CMHC insurance ($15,345)

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5-yr fixed avg.

Principal: $494,998Interest: $336,189
Mortgage Amount$510,343
Total Interest$336,189
Est. Property Tax$390/mo
Total Cost$846,532

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

8010 Derry Road N/A Unit 705, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$970

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 $1100/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.

Negotiation Opportunity

At 65 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 500 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 $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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