$949,000 - 830 Megson Terrace Unit 616, Milton
Condo for Sale in Milton
109 days on market- MLS Number
- W12814290
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Milton
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Indulge in refined condominium living crafted to deliver exceptional comfort and elevated luxury. This exceptional top-floor, corner suite offers 1,530 sq ft of beautifully designed living space (1,400 sq ft interior plus a 130 sq ft private balcony), with a layout that truly feels like a home. Featuring 3 bedrooms and 2 full bathrooms, this residence blends elegance, privacy, and outstanding value with low condo fees. Built by award-winning Howland Green at Bronte West Condominiums, this eco-conscious building is designed beyond Net Zero standards, showcasing geothermal heating and cooling and high-performance construction. Positioned at the end of the hall with no neighbours across, privacy is unmatched. The upgraded kitchen features ceiling-height cabinetry for a seamless, sophisticated finish. Automated blinds enhance the living room and primary bedroom, complemented by honeycomb blinds throughout. The upgraded laundry room includes a 2025 GE stackable washer (6.1 cu ft) and dryer (7.8 cu ft) with added storage. The primary bedroom offers a custom built-in closet, private ensuite, and direct access to the balcony. Bedroom two is enhanced with custom cabinetry and Safe & Sound insulated walls for added comfort and quiet. In-suite climate control ensures personalized comfort year-round. Walk out to the spacious private balcony, finished with outdoor floor tiles - an ideal extension of your living space, where you can also enjoy beautiful escarpment views. Ownership includes one locker and two side-by-side parking spaces - a rare and valuable offering. Residents enjoy premium amenities including a fitness centre, party/meeting room, visitor parking, and landscaped grounds. Ideally located near Milton District Hospital, parks, trails, shops, restaurants, and convenient access to Highway 401. A rare opportunity to experience modern luxury, eco-efficiency, and prime Milton living in one remarkable home.
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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 616, 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.
Negotiation Opportunity
At 109 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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.