$2,990,000 - 8663 Wood Close, Milton
Detached for Sale in Milton
- MLS Number
- W13207824
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- BAHIA REALTY GROUP INC.
Welcome To 8663 Wood Close - A Rare Private Estate Nestled Within One Of Milton's Most Exclusive Hidden Enclaves. Set On Approximately 2.5 Acres Of Mature Trees And Resort-Style Grounds, This Exceptional Property Offers The Perfect Blend Of Luxury, Privacy, Nature, And Convenience.Located Within A Prestigious 14-Home Estate Community Featuring Two Quiet Cul-De-Sac Streets, Owners Also Enjoy Shared Ownership Of 30 Acres Of Protected Green Space Complete With Walking Trails, Wooded Areas, And A Peaceful Babbling Brook. Despite Its Serene Setting, The Property Is Just Minutes To Hwy 401, Milton GO, Shopping, Restaurants, Schools, Kelso, The Bruce Trail, And Multiple Conservation Areas.Offering Over 5,200 Sq.Ft. Above Grade, This Executive Residence Features 6 + 1 Spacious Bedrooms, Including 3 Bedrooms With Private Ensuites, Multiple Additional Full Bathrooms, And Expansive Principal Rooms Designed For Large Families, Multi-Generational Living, And Entertaining.The home comes complete with 2 wood burning fireplaces, perfect for the family to get cozy around. The Home Offers Multiple Living Areas Including 3 Separate Year-Round Gathering Spaces, A Sun-Filled Solarium Perfect For Warmer Months, A Dedicated Main Floor Office, And A Secluded Loft Retreat With Gas Fireplace Ideal As An Additional Lounge, Office, Or Potential 8th Bedroom.Oversized Windows Throughout Capture Beautiful Views Of The Surrounding Nature And Private Grounds. Outside, Enjoy Your Own Resort-Style Retreat Featuring A Heated Saltwater Pool, 8-Person Hot Tub, Mature Landscaping, And Exceptional Privacy.The Oversized Double-Car Garage Includes Interior Access For Added Everyday Convenience.A Truly Rare Opportunity To Own A Luxury Estate Property Offering Space, Privacy, And Nature - All Just Minutes From Modern Amenities.
Estimate your monthly payments for this property
Estimated Payment
$13,225.78/mo
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.
8663 Wood Close, 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
Fair Market Value
At $854/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 16 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.
Detached Home Advantages
Detached homes in Milton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Milton.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.