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Listed 10 days ago

309 - 716 Main Street E

1037 - TM Timberlea, Milton

$450,000

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

Your First Home Starts Here! Discover the perfect blend of comfort, convenience and affordability in the heart of Milton! This beautifully designed 1-bedroom plus den condo offers 666 sq. ft. of thoughtfully planned living space, plus a 50 sq. ft. private balcony to enjoy your morning coffee or unwind after a busy day. The versatile den provides the perfect spot for a home office, study area or occasional guest space. Enjoy the freedom of low-maintenance condo living while staying connected to everything you need! Milton GO Station is literally at the doorstep, you dont need a car if you take go train., shopping, restaurants, parks and everyday essentials are all within easy reach. Spend your weekends exploring the nearby Milton Public Library and FirstOntario Arts Centre, with Highway 401 minutes away for effortless commuting. Whether you're stepping into homeownership for the first time, simplifying your lifestyle or expanding your investment portfolio, this move-in-ready condo offers outstanding potential in a sought-after Milton location. Stop Renting, Start Owning and Make This Home Yours!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$314
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,122
mls© NumberW13870034
Listed ByRE/MAX GOLD REALTY INC.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,303
Property tax
$177
Heat allowance
$150
Condo fees, half counted
$157
Housing costs
$2,787 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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