$745,900
For sale: Detached

LAND, LOCATION & POSSIBILITIES. Set in established Old Milton on an approximately 50' x 132' deep lot, 152 Commercial Street offers a rare chance to secure a substantial property in a connected, character-filled neighbourhood close to Downtown Milton. With R3 zoning and plenty of potential for its next chapter. The existing 1938 detached home offers approximately 1,125 sq. ft. above grade, 3 bedrooms, 1 bathroom, municipal water and sewer, natural gas forced-air heating and private parking for up to 6 vehicles. Renovate and reimagine the existing home, hold for the future, or investigate infill and redevelopment possibilities. The location is a standout: close to Downtown Milton and Main Street shops and restaurants, Mill Pond, Milton Fairgrounds, recreation, schools, shopping, transit and Milton GO, with convenient access to major commuter routes. The property is not heritage designated, although it appears on the Town of Milton's list of significant properties. Conservation Halton mapping supplied with the listing shows the property outside the mapped floodplain hazard. A unique opportunity to secure a substantial piece of Old Milton and create something special.
Sold data
Detached homes in Milton (OM Old Milton) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 43, across 181 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $1,149,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 181 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Milton (OM Old Milton) has 30 Fraser Institute–rated schools (24 elementary and 6 secondary), averaging 6.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
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