1050 Main Street, Unit 2, Milton, ON

$520,000
MLS#:W9240949
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
1050 Main Street E 702, Milton, ON L9T 9M3
⚠️

Property no longer active

This property was sold on September 30, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1029 - DE Dempsey. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $520,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This 1-Bed, 1-Bath Condo Features An Open Living And Dining Area With A Walkout To The Balcony With A View Of The Niagara Escarpment. The Kitchen Includes, Granite Countertops, A Breakfast Bar, And Stainless Steel Appliances. This Unit Is Unique In That The North-Side Hallway And Right-Side Electrical Closet Enhance Seclusion From Neighboring Units, Enhancing The Tranquil Living Environment. Underground Parking, Easy Access To Shopping, Dining, And Transportation. Don't Miss The Chance To Call This Urban Retreat Your New Home!

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Property Summary

This condo apartment located at 1050 Main Street, Milton is currently for sale and has been available on SousaSells for 730 days. This property is listed at $520,000 with an estimated mortgage of $1,731* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 1050 Main Street, Milton is in the 1029 - DE Dempsey neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in 1029 - DE Dempsey, Milton.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Milton.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 30, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Other
BasementNone
CountyHalton
Annual Tax$2,109.31

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Arts Centre
  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1050 Main Street, Unit 2, Milton, ON

Q.What is the asking price for 1050 Main Street, Unit 2, Milton, ON ?

The current listing price for 1050 Main Street, Unit 2, Milton, ON in 1029 - DE Dempsey, Milton is $520,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 1050 Main Street, Unit 2, Milton, ON ?

1050 Main Street, Unit 2, Milton, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1050 Main Street, Unit 2, Milton, ON offer?

Key property features include: Arts Centre, Library, Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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1050 Main Street, Unit 2, 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 1050 Main Street E 702, Milton, ON L9T 9M3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$156,000 (30.0%)
* Minimum Canadian down payment required for this price is $27,000.
Amortization Period30 Years
Estimated Monthly Payment$1,731Based on a loan of $364,000 over 30 years.
Purchase Price$520,000
Loan Amount$364,000
Provincial Land Transfer Tax:$6,875
Total Estimated Closing Taxes:$6,875

About Purchasing a Home in Milton, ON

For a property listed at $520,000 in Milton, the legal minimum down payment is $27,000 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 $6,875 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 $6,875.

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1029 - DE Dempsey, Milton Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1029 - DE Dempsey, Milton.

Verified Local Data
City Population132,979
City Median Age36.4 Yrs
City Ownership83% Owners
Avg Area List Price$710,325

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%

Best Schools in 1029 - DE Dempsey, Milton

Elementary Schools

Chris Hadfield
Public1114 Woodward Avenue, Milton, Ontario, L9T 5P5
8.2
St Anthony of Padua
Public1240 Tupper Drive, Milton, Ontario, L9T 6T7
7.2
Bruce Trail
Public1199 Costigan Road, Milton, Ontario, L9T 6N8
6.9
Saint-Nicolas
Public720 Woodward Avenue, Milton, Ontario, L9T 4A3
6.4
Dyane-Adam
Public500 Cedar Hedge Road, Milton, Ontario, L9T 8M4
9.4

Secondary Schools

Bishop Paul Francis Reding
Public1120 Main Street East, Milton, Ontario, L9T 6H7
8.2
Milton
Public396 Williams Avenue, Milton, Ontario, L9T 2G4
8.0

1029 - DE Dempsey, Milton Demographic Home information

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.