5327 Eighth Line, Milton, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt rural residential located in the coveted neighborhood of 1044 - TR Rural Trafalgar. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $5,999,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 297.33 x 2217.86 ft lot
- 80.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Prime 15 Acre Parcel Ideally Located Between Milton And Mississauga Offering Exceptional Long-Term Potential. Currently Zoned A1, This Property Falls Within The Town Of Milton's Urban Area And Is Identified As Future Employment Area In The Town's Planning Documents (Schedule 2: Growth Phases And Planning Policy Areas). A Rare Opportunity For Investors, End Users, Or Land Bank Buyers Looking To Secure A Strategic Parcel In A Rapidly Expanding Corridor.The Property Features A Well-Maintained 1 Storey Bungalow Built On A Slab Foundation, Offering Over 1,900 Sq Ft Of Living Space With 3 Bedrooms And A Functional Layout. A Greenhouse Is Also Located On The Property, Providing Added Utility For Agricultural Use Or Hobby Farming.The Land Is Generally Flat And Open, Providing Flexible Outdoor Space For Uses Permitted Under Current Zoning While Offering Long-Term Potential.Conveniently Located With Easy Access To Major Highways, Surrounding Employment Lands, And Ongoing Development In The Area.
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Property Summary
This rural residential located at 5327 Eighth Line, Milton is currently for sale and has been available on SousaSells for 3 days. This property is listed at $5,999,000 with an estimated mortgage of $19,968* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 5327 Eighth Line, Milton is in the 1044 - TR Rural Trafalgar neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5327 Eighth Line, Milton, ON L0P 1E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Milton, ON
For a property listed at $5,999,000 in Milton, the legal minimum down payment is $1,199,800 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 $136,450 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 $136,450.
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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.