Welcome to 8 Milner Road, located in the highly sought-after Peel Village community! This3-bedroom home is an excellent opportunity for first-time buyers, families or investors. The finished basement features a separate entrance, kitchen and bathroom, offering fantastic additional living space and flexibility. Outside, you'll find plenty of parking - a huge bonus! Enjoy a prime location within an amazing school district and walking distance to shopping, churches, parks, community festivals and activities. Transit routes are nearby, with quick access to major highways making commuting throughout the GTA easy and convenient. Whether you're looking for the perfect starter home or a property with excellent investment potential, this one is worth a look.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,753 |
| Lot Size | 50 ft x 118 ft |
| mls© Number | W13798066 |
| Listed By | Royal LePage Credit Valley Real Estate Inc., Brokerage |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,783
- Property tax
- $479
- Heat allowance
- $150
- Housing costs
- $4,412 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,110 / mo
- Cash down
- $147,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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