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1035 - OM Old Milton, Milton
$859,900
*A RARE OPPORTUNITY IN OLD MILTON!* Take a trip back in time! Situated on an impressive 71 x 120 ft lot in one of Milton's established neighbourhoods, 226 Elmwood Crescent presents an exciting opportunity for renovators, builders and those with a vision. Offered for the first time in decades, this well-loved family home features three bedrooms, one bathroom and original hardwood flooring tucked beneath the existing carpeting, offering a wonderful opportunity to restore a piece of the home's original charm. Set on a generous lot surrounded by an evolving neighbourhood of beautifully renovated and updated homes, the possibilities here are worth exploring. Whether you're looking to breathe new life into the existing home or envision a custom residence tailored to your lifestyle, this property offers an exceptional canvas in a sought-after location. Enjoy the charm and convenience of Old Milton, with its mature surroundings and proximity to downtown amenities, parks, schools and everyday essentials. Bring your imagination and discover the potential of this remarkable property!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,800 |
| Lot Size | 71 ft x 120 ft |
| mls© Number | W14011950 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
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%
- $4,401
- Property tax
- $317
- Heat allowance
- $150
- Housing costs
- $4,868 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$150,000
gross annual household income
- Payment at 4%
- $3,619 / mo
- Cash down
- $171,980
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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