8020 Derry Road Unit 1607B, Milton

Price: $499,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12920226

Connectt Condominiums, a thoughtfully designed master-planned community in the heart of Milton. This brand-new 1-bedroom + den 16th level residence features impressive 9' ceilings, creating a bright, airy atmosphere rarely found in condo living. The modern open-concept layout seamlessly connects the kitchen, dining, and living areas. The modern kitchen features afunctional island upgrade, modern kitchen includes stainless steel appliances, granite countertops, an undermount sink, a breakfast bar, and ample cabinetry ideal for cooking and hosting. Step outside to your expansive private balcony with direct walk-out access-providing exceptional outdoor living and everyday convenience. can easily serve as a home office, guest room, The den provides excellent versatility and or additional living space. One underground parking is included and conveniently located for easy access. Residents enjoy proximity to protected green spaces and scenic trails, as well as curated amenities, including a fitness studio, co-working lounge, and social spaces. Ground-floor convenience, soaring ceilings, and rare outdoor space in one of Milton's most connected new communities. Inquire for additional incentives available for a limited time, backed by Tarion warranty protection, this home may also qualify for GST/PST first-time home buyer rebates.

8020 Derry Road Unit 1607B - Condo photo 1 of 8 in Milton, Ontario
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New Listing
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$499,000 - 8020 Derry Road Unit 1607B, Milton

Condo for Sale in Milton

New — Listed 2 days ago
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12920226
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Milton
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
SPECTRUM REALTY SERVICES INC.
Description

Connectt Condominiums, a thoughtfully designed master-planned community in the heart of Milton. This brand-new 1-bedroom + den 16th level residence features impressive 9' ceilings, creating a bright, airy atmosphere rarely found in condo living. The modern open-concept layout seamlessly connects the kitchen, dining, and living areas. The modern kitchen features afunctional island upgrade, modern kitchen includes stainless steel appliances, granite countertops, an undermount sink, a breakfast bar, and ample cabinetry ideal for cooking and hosting. Step outside to your expansive private balcony with direct walk-out access-providing exceptional outdoor living and everyday convenience. can easily serve as a home office, guest room, The den provides excellent versatility and or additional living space. One underground parking is included and conveniently located for easy access. Residents enjoy proximity to protected green spaces and scenic trails, as well as curated amenities, including a fitness studio, co-working lounge, and social spaces. Ground-floor convenience, soaring ceilings, and rare outdoor space in one of Milton's most connected new communities. Inquire for additional incentives available for a limited time, backed by Tarion warranty protection, this home may also qualify for GST/PST first-time home buyer rebates.

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Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

8020 Derry Road Unit 1607B, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,353

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 $832/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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