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Price Change$3,000,000

9800 Britannia Road

1025 - BW Bowes, Milton

$2,499,999

Detached|Bungalow
3 | 2 | 12
About this home

An exceptional opportunity to acquire a prime 0.76-acre parcel in the heart of Milton, offering significant long-term development potential. A 3+1 bedroom bungalow currently sits on the property, providing an existing residential use while offering substantial future potential for investors, developers, and land bankers. It also adds immediate residential value while offering buyers the opportunity to hold the land for potential future re-development. This property is surrounded by established residential communities, ongoing growth, and major infrastructure investments. Strategically positioned in a desirable infill location, the property benefits from close proximity to schools, parks, shopping, established neighbourhoods, and major transportation corridors, making it well suited for future residential or mixed-use redevelopment, subject to all necessary approvals. With strong fundamentals and promising long-term upside, this property represents a rare chance to participate in the area's continued growth and transformation. Buyers are advised to conduct their own due diligence with respect to zoning, permitted uses, servicing availability, and all future development considerations.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$5,452
Lot Size132 ft x 250 ft
mls© NumberW13518374
Listed ByRE/MAX SKYWAY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,796
Property tax
$454
Heat allowance
$150
Housing costs
$13,400 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $500,000
25-yr amortization

Income needed

$412,000

gross annual household income

Payment at 4%
$10,520 / mo
Cash down
$500,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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