$849,900 - 830 Megson Terrace Unit 101, Milton
Condo for Sale in Milton
131 days on market- MLS Number
- W12747520
- Property Type
- Condo
- Status
- active
- Days on Site
- 131
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Milton
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- REAL ONE REALTY INC.
5 Elite Picks! Here Are 5 Reasons to Make This Condo Your Own: 1. Spectacular 1,396 Sq.Ft. Condo Suite Boasting 2 Bedrooms + Den & 2 Baths Plus Amazing Open Concept Living Space! 2. Generous Kitchen with Upgraded Cabinetry, Quartz Countertops, Stainless Steel Appliances & Ample Cabinet/Counter Space with Breakfast Bar, Plus Oversized Combined Dining & Living Area with Pot Lights, Crown Moulding & Patio Door W/O to Generous Balcony Overlooking the Gardens & Private Landscaped Area. 3. Bright & Spacious Primary Bedroom with Large Window, W/I Closet Plus 2nd Closet & Modern 4pc Ensuite with Upgraded Glass Doors! 4. Good-Sized 2nd Bedroom with Large Window, W/I Closet, Full 4pc Main Bath with Upgraded Glass Doors, Convenient Laundry Room & Generous Den/Office (Currently Used as Formal Dining Room) Complete This Gorgeous Suite! 5. Includes 1 Handicapped Underground Parking Space (Located Near the Entrance) & Exclusive Storage Locker. All This & More! Fabulous Building Amenities Including Spacious Fitness Centre, Party/Rec Room Overlooking the Lovely Landscaped Grounds, Park, Visitor Parking & More! Eco-Friendly Building with Geo-Thermal Heating, Solar Panels & More! Wonderful Milton Location in Willmott Community Across the Road from Milton Hospital & Within Walking Distance to Parks & Trails, Milton Community Sports Fields & Splash Pad, Shopping, Restaurants & Many More Amenities!
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
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.
830 Megson Terrace Unit 101, 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 $708/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.
Negotiation Opportunity
At 131 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.
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.
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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.