5327 EIGHTH LINE, Milton (TR Rural Trafalgar)

$5,999,000

For sale: Detached

Detached at 5327 EIGHTH LINE, Milton (TR Rural Trafalgar)
Property type
Rural Residential
Bedrooms / bathrooms
3 bedrooms, 1 bathroom
Living area
2,000 sqft
MLS®
MLS® W13559132
Neighbourhood
1044 - TR Rural Trafalgar

Prime 15 Acre Parcel Ideally Located Between Milton And Mississauga Offering Exceptional Long-Term Potential. Currently Zoned A1, This Property Falls Within The Town Of Milton's Urban Area And Is Identified As Future Employment Area In The Town's Planning Documents (Schedule 2: Growth Phases And Planning Policy Areas). A Rare Opportunity For Investors, End Users, Or Land Bank Buyers Looking To Secure A Strategic Parcel In A Rapidly Expanding Corridor.The Property Features A Well-Maintained 1 Storey Bungalow Built On A Slab Foundation, Offering Over 1,900 Sq Ft Of Living Space With 3 Bedrooms And A Functional Layout. A Greenhouse Is Also Located On The Property, Providing Added Utility For Agricultural Use Or Hobby Farming.The Land Is Generally Flat And Open, Providing Flexible Outdoor Space For Uses Permitted Under Current Zoning While Offering Long-Term Potential.Conveniently Located With Easy Access To Major Highways, Surrounding Employment Lands, And Ongoing Development In The Area.

Sold data

Homes in Milton (TR Rural Trafalgar) — recent sold market

Homes in Milton (TR Rural Trafalgar) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 43, across 372 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.

The median sale price was $899,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$899,900
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 372 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Milton (TR Rural Trafalgar)

Milton (TR Rural Trafalgar) has 30 Fraser Institute–rated schools (24 elementary and 6 secondary), averaging 6.9/10.

Rated schools
30
Elementary
24
Secondary
6
Average rating
6.9 / 10

Top-rated schools in Milton (TR Rural Trafalgar)

  • Dyane-Adam — elementary, MiltonFraser rating 9.4/10
  • Our Lady of Fatima — elementary, MiltonFraser rating 8.5/10
  • Bishop Paul Francis Reding — secondary, MiltonFraser rating 8.2/10
  • Chris Hadfield — elementary, MiltonFraser rating 8.2/10
  • Milton — secondary, MiltonFraser rating 8.0/10
  • St. Benedict — elementary, MiltonFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5327 EIGHTH LINE