371 Meadowbrook Drive, Milton, ON
Property no longer active
This property was sold on September 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised 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 $999,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 60 x 110 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Accessory Apartment, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this raised bungalow in the heart of Old Milton, featuring a LEGAL 2-BEDROOM BASEMENT APARTMENT.Set on a 60' x 110' lot, this home offers incredible versatility. It can serve as a multi-generational residence, a strong income property, or the perfect setup to live upstairs. At the same time, the lower-level rent helps pay down your mortgage, with potential to generate $4,500-$4,800 gross per month. The main floor includes three bright bedrooms, a modern four-piece bathroom, and a functional, sun-filled layout. A walkout leads to a large private deck overlooking the expansive backyard, ideal for morning coffee, summer BBQs, or simply relaxing outdoors. The legal basement suite, with its separate entrance, is designed for comfort and privacy. Direct access from the main level can also be easily re-established by removing a small section of drywall, making the layout adaptable to your needs. This property has been well maintained, with updates that include attic insulation and a new air conditioner in 2019, a roof with soffits and eavestroughs replaced in 2015, and a detached garage built in 2018. With parking for up to five vehicles and a location on a quiet, mature street just minutes from parks, schools, transit, and downtown Milton, this home is both practical and flexible, an ideal choice whether you're looking for a forever home or a wise long-term investment.
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Property Summary
This detached home located at 371 Meadowbrook Drive, Milton is currently for sale and has been available on SousaSells for 351 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 371 Meadowbrook Drive, Milton is in the 1035 - OM Old Milton neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 1035 - OM Old Milton, Milton.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 1035 - OM Old Milton, Milton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- In-Law Suite
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 371 Meadowbrook Drive, Milton, ON
Q.What is the asking price for 371 Meadowbrook Drive, Milton, ON ?
The current listing price for 371 Meadowbrook Drive, Milton, ON in 1035 - OM Old Milton, Milton is $999,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 371 Meadowbrook Drive, Milton, ON ?
371 Meadowbrook Drive, Milton, ON is a Detached (Bungalow-Raised) featuring a Apartment, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, In-Law Suite.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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About Purchasing a Home in Milton, ON
For a property listed at $999,900 in Milton, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.
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