8010 Derry Road Unit 1402, Milton

Price: $649,990

3 bedrooms, 2 bathrooms

900 sq ft

Property Type: Condo

MLS#: W12687756

Discover modern living at Connectt Condos in Milton with this stunning one-year-old corner unit that perfectly blends style, comfort, and convenience. This bright open-concept layout features pot lights in the living area and large windows that flood the space with natural light, along with 2 spacious bedrooms plus a versatile den and 2 full 3-piece washrooms, including a private ensuite. The unit boasts a beautifully upgraded kitchen equipped with a stainless steel fridge, stove, dishwasher, and microwave/hood fan, sleek laminate flooring, and in-suite laundry. Step out onto the spacious private balcony, perfect for relaxing or enjoying scenic views of Milton. Added value includes one underground parking space and a locker. Residents also enjoy impressive common amenities, including a fully equipped gym, theater room, game room, barbecue area, and party room. Ideally located in the heart if Milton, with easy access to transit, schools, recreation and community centres, as well as close proximity to the hospital, shopping, major highways, and the Toronto Premium Outlets, this condo offers an exceptional lifestyle and a fantastic investment opportunity.

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$649,990 - 8010 Derry Road Unit 1402, Milton

Condo for Sale in Milton

31 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12687756
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Milton
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
HOMELIFE MAPLE LEAF REALTY LTD.
Description

Discover modern living at Connectt Condos in Milton with this stunning one-year-old corner unit that perfectly blends style, comfort, and convenience. This bright open-concept layout features pot lights in the living area and large windows that flood the space with natural light, along with 2 spacious bedrooms plus a versatile den and 2 full 3-piece washrooms, including a private ensuite. The unit boasts a beautifully upgraded kitchen equipped with a stainless steel fridge, stove, dishwasher, and microwave/hood fan, sleek laminate flooring, and in-suite laundry. Step out onto the spacious private balcony, perfect for relaxing or enjoying scenic views of Milton. Added value includes one underground parking space and a locker. Residents also enjoy impressive common amenities, including a fully equipped gym, theater room, game room, barbecue area, and party room. Ideally located in the heart if Milton, with easy access to transit, schools, recreation and community centres, as well as close proximity to the hospital, shopping, major highways, and the Toronto Premium Outlets, this condo offers an exceptional lifestyle and a fantastic investment opportunity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.79/mo

Includes CMHC insurance ($18,135)

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5-yr fixed avg.

Principal: $584,991Interest: $397,310
Mortgage Amount$603,126
Total Interest$397,310
Est. Property Tax$460/mo
Total Cost$1,000,436

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 Unit 1402, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,500

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

Competitive Pricing

At $722/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.

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 900 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.

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.

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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