$1,050,000
For sale: Detached

Prime 60' x 140' lot in one of Milton's most sought-after transitioning neighbourhoods. Surrounded by the charm of mature Old Milton and an abundance of newly built custom homes, this property presents an exceptional opportunity for homeowners, builders, and investors alike. Included in the purchase is a complete architectural and construction package for a stunning approximately 3,800 sq. ft. custom residence featuring 4 bedrooms, 6 bathrooms, and a fully finished walk-up basement. Demolition and construction permit applications have already been submitted to the Town of Milton, with all associated permit fees paid by the Seller, providing substantial time and cost savings for the next owner. Whether you choose to proceed with the approved redevelopment plans, build your own custom dream home, or renovate and restore the existing 3-bedroom bungalow, the possibilities are endless. Enjoy the peaceful character of this established neighbourhood while remaining close to every convenience. Located minutes from excellent schools, parks, shopping, restaurants, Milton GO Station, Milton District Hospital, and major highways, this location offers the perfect balance of lifestyle and accessibility. With no sidewalk, the property offers additional driveway parking and enhanced lot usability. Milton continues to be one of the GTA's most vibrant and rapidly growing communities, making this a rare opportunity to secure a premium lot with a significant head start on development.An exceptional property with tremendous potential in a highly desirable location.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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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