$529,999 - 8010 Derry Road Unit 306, Milton
Condo for Sale in Milton
31 days on market- MLS Number
- W12642058
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Milton
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Attention Fist Time Home Buyers & Investors. stylish, maintenance-free living in this beautiful ONE PLUS ONE suite W TWO BATHROOMS 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. This suite truly stands out! Residents enjoy exceptional amenities including a fitness center, rooftop terrace, outdoor pool, party room, lounge areas, and concierge service. The unit includes 1 Owned Parking Space and 1 Owned Locker. You are moments away from the Milton Hospital, Milton Sports Centre, the proposed Wilfrid Laurier University campus, Milton Mall, and major Grocery Stores. Enjoy proximity to the Milton GO Station and quick access to Highways401 & 407. This location truly offers many options nearby!
Estimate your monthly payments for this property
Estimated Payment
$2,719.17/mo
Includes CMHC insurance ($14,787)
5-yr fixed avg.
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.
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
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.
8010 Derry Road Unit 306, Milton
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Fair Market Value
At $883/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 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 600 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 $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.