283 Parkway Drive, Milton, ON

$1,500,000
MLS#:W13545672
4 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of 1035 - OM Old Milton. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 62.04 x 162.21 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this beautifully maintained backsplit situated on an exceptionally rare 62' x 162' oversized lot in one of Milton's most sought-after, family-friendly neighbourhoods. Offering over 2,000 sq. ft. of finished living space, 4 bedrooms, 3 bathrooms, a double car garage, and an oversized driveway, this home combines space, comfort, and endless outdoor potential. Lots of this size are becoming increasingly difficult to find, making this a rare opportunity to own one of Old Milton's larger properties. Step inside to a bright and functional layout featuring hardwood flooring, spacious principal rooms, and a sun-filled eat-in kitchen with ample cabinetry and generous counter space. The separate dining room is ideal for family gatherings, while the lower-level family room is the heart of the home, featuring a stunning wood-burning brick fireplace and large sliding glass doors overlooking the backyard, creating the perfect indoor-outdoor space for relaxing or entertaining. The backyard is the true showpiece. Set on an impressive 62' x 162' lot, this private outdoor oasis features an in-ground chlorine pool, expansive deck with pergola, mature trees, and an abundance of green space rarely found in today's market. Whether you're hosting summer gatherings, watching the kids play, or simply enjoying the privacy of your own backyard retreat, this property offers a lifestyle that's hard to replicate. Major updates include roof (approx. 7 years), furnace (2023), air conditioner (2023), and water softener (2023). Ideally located in the heart of Old Milton, you're just minutes from top-rated schools, parks, walking trails, Milton Sports Centre, downtown Milton, shopping, restaurants, Milton District Hospital, GO Transit, and Highway 401. Known for its mature tree-lined streets and generously sized lots, this is one of Milton's most established and desirable neighbourhoods.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/9/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick
BasementFull, Partially Finished
Lot Size62.04 × 162.21 Feet
CountyHalton
Annual Tax$5,245
Legal DescriptionPCL 12-16, SEC T2 ; PT LT 12, CON 2 TRAFALGAR NEW SURVEY , PART 2 , 20R3871 ; MILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Golf, Hospital, Library, Park

Interior Features

Auto Garage Door Remote, Central Vacuum

Security Features

Smoke Detector

Community Features

Location

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283 Parkway Drive, Milton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 283 W Parkway Drive, Milton, ON L9T 1A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Milton.

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Interest Rate5.25%
Down Payment$300,000 (20.0%)
* Minimum Canadian down payment required for this price is $300,000.
Amortization Period25 Years
Estimated Monthly Payment$7,151Based on a loan of $1,200,000 over 25 years.
Purchase Price$1,500,000
Loan Amount$1,200,000
Provincial Land Transfer Tax:$26,475
Total Estimated Closing Taxes:$26,475

About Purchasing a Home in Milton, ON

For a property listed at $1,500,000 in Milton, the legal minimum down payment is $300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,475 for this transaction. As this listing is in Milton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $26,475.

Nearby Listings

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No current listings found in Milton.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Milton.

Verified Local Data
City Population132,979
City Median Age36.4 Yrs
City Ownership83% Owners
Avg Area List Price$1,178,677

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
54%
Couples without children
24%
Other households
4%

Top Ethnic Origins

English18%
Canadian15%
Indian14%
Pakistani12%

Local Schools Guide

Elementary Schools

Our Lady of Victory
Public540 Commercial Street, Milton, Ontario, L9T 4Z3
6.2
Sam Sherratt
Public649 Laurier Avenue, Milton, Ontario, L9T 4N4
6.1
Tiger Jeet Singh
Public650 Yates Drive, Milton, Ontario, L9T 7P6
6.8
St. Benedict
Catholic80 McLaughlin Avenue, Milton, Ontario, L9T 8N2
7.5
Escarpment View
Public351 Scott Boulevard, Milton, Ontario, L9T 0T1
6.1

Secondary Schools

Milton
Public396 Williams Avenue, Milton, Ontario, L9T 2G4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.