9141 Derry Road Unit 38, Milton

Price: $1,349,900

3 bedrooms, 5 bathrooms

3,000 sq ft

Property Type: Condo

MLS#: W12652226

Live above, work below - the ultimate Milton live-work opportunity.Introducing 9141 Derry Road, Milton, a distinctive property thoughtfully designed to integrate refined residential living with functional ground-level commercial space.The upper level offers a spacious, well-maintained residence with three bedrooms and four bathrooms, providing a private, comfortable environment suitable for modern family living or professional use. The layout ensures a clear separation between living and working areas while maintaining flexibility and ease of use.The ground-level commercial space features a separate entrance and enjoys excellent exposure along high-traffic Derry Road, making it ideal for a variety of professional or business operations. Strong visibility and accessibility enhance daily functionality while maintaining privacy for the residential area above.Ample on-site parking accommodates both residents and business visitors. The property is conveniently located with easy access to Highway 401 and just minutes from Milton's growing downtown core, offering connectivity and proximity to key amenities.This property presents a rare opportunity for buyers seeking a versatile live-work environment, combining convenience, exposure, and adaptability in one integrated setting.Experience the perfect blend of lifestyle and professional space in a prime Milton location.

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$1,349,900 - 9141 Derry Road Unit 38, Milton

Condo for Sale in Milton

31 days on market
3Beds
5Baths
3,000Sq Ft
Condo
Property Details
MLS Number
W12652226
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
3
Bathrooms
5
Square Feet
3,000 sqft
Neighbourhood
Milton
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX OPTIMUM REALTY
Description

Live above, work below - the ultimate Milton live-work opportunity.Introducing 9141 Derry Road, Milton, a distinctive property thoughtfully designed to integrate refined residential living with functional ground-level commercial space.The upper level offers a spacious, well-maintained residence with three bedrooms and four bathrooms, providing a private, comfortable environment suitable for modern family living or professional use. The layout ensures a clear separation between living and working areas while maintaining flexibility and ease of use.The ground-level commercial space features a separate entrance and enjoys excellent exposure along high-traffic Derry Road, making it ideal for a variety of professional or business operations. Strong visibility and accessibility enhance daily functionality while maintaining privacy for the residential area above.Ample on-site parking accommodates both residents and business visitors. The property is conveniently located with easy access to Highway 401 and just minutes from Milton's growing downtown core, offering connectivity and proximity to key amenities.This property presents a rare opportunity for buyers seeking a versatile live-work environment, combining convenience, exposure, and adaptability in one integrated setting.Experience the perfect blend of lifestyle and professional space in a prime Milton location.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.06/mo

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5-yr fixed avg.

Principal: $1,079,920Interest: $711,399
Mortgage Amount$1,079,920
Total Interest$711,399
Est. Property Tax$956/mo
Total Cost$1,791,319

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

9141 Derry Road Unit 38, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,360/mo
Range: $3,706 - $5,014
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,360
Maintenance Fees-$1,950
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$1,173

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

Competitive Pricing

At $450/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 31 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.

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.

Larger Home Realities

At 3,000 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.

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.

Bathroom Count Matters

With 5 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.

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