$609,900 - 8010 Derry Road Unit 503, Milton
Condo for Sale in Milton
- MLS Number
- W12911802
- Property Type
- Condo
- Status
- active
- Days on Site
- 24
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Milton
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Is a stunning, well-kept, veyr bright, airy, 2 bedroom/2 Washroom mid-level Milton area condo that's perfectly situated on the South/East corner of HWY 25 and Derry in popular Coates neighbourhood of Milton close to plazas, Food Basics, restaurants, pub. transit, community parks, schools, trails, Milton Sports Centre, Milton District Hospital, Milton Mall and list goes on and on. The Connectt development by Lindvest has the distinction of being one of Milton's first and rare high-rise condominiums with great though and investment placed into lifestyle, conveniences and security. This particular unit comes with ground-breaking state-of-the-art amenities such as a full sized gym, yoga rooms, 24 hour concierge, party room, bike storage, pet spa, guest suites, party rooms, swimming pool, rooftop BBQ and cabannas, free wi-fi, business centre and so much more. The unit itself features decadent laminate flooring, sizeable kitchen w/backsplash, complimenting quarts countertops, stainless steel appliances, 9 ft ceilings throughout, 2 full bathrooms, stackable in-unit laundry, opem concept living w/ combined family and dining rooms, a large balcony, exclusive locker and 1 undergrlund parking spot.
Estimate your monthly payments for this property
Estimated Payment
$3,129.10/mo
Includes CMHC insurance ($17,016)
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 503, 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 30+ years of GTA real estate experience
Competitive Pricing
At $678/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 24 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.
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 $2,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.