$1,039,000 - 877 Anderson Avenue, Milton
Detached for Sale in Milton
- MLS Number
- W12891772
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Milton
- Listing Brokerage
- ROYAL LEPAGE MEADOWTOWNE REALTY
Offered for the first time by the original owners, this classic Reid Homes "Cape Cod" model has been lovingly cared for since 1983 and is ideally located in the highly sought-after Timberlea neighbourhood within the EW Foster School catchment. Situated on a large, mature approximately 55 x 110 ft. lot on the non-sidewalk side of a quiet street, the setting offers privacy and a family-friendly atmosphere, backing onto quiet interior streets. The home offers almost 1,800 sq. ft. of above-grade living space plus additional storage room above the garage with potential for extra living space. Featuring interior garage access, you'll also appreciate the extra width inside the garage, along with fresh concrete paint flooring in both the garage and basement. The home is gas heated and cooled with central A/C. Freshly painted throughout with newly installed light fixtures and floor vents, this home blends timeless charm with thoughtful updates. The sunny kitchen features a new faucet and hardware and offers access to a fully fenced backyard complete with a fresh deck and a garden shed. Inside, enjoy new luxury vinyl plank flooring, a hardwood staircase with iron pickets, a bright living and dining area with large windows, and a cozy family room with a wood-burning fireplace. All horizontal sliding windows allow the inner pane to be disengaged from the track and swung inward for easy cleaning. The upper level includes three spacious bedrooms with the potential for an extra bedroom, along with an upgraded main bath featuring a granite vanity with an under-mount sink and a Bath Fitter tub/shower with lifetime warranty. The partially finished basement adds valuable living space with a full 3-piece bathroom. With parking for four vehicles in the driveway plus the garage, walking distance to parks, schools, and amenities, and quick access to Highways 401/407 and the GO Station, this is an exceptional opportunity in a truly beloved community.
Estimate your monthly payments for this property
Estimated Payment
$4,595.85/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.
877 Anderson Avenue, 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 25+ years of GTA real estate experience
Competitive Pricing
At $693/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 19 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.
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 $4,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.