397 Ontario Street, Milton, ON

$689,999
MLS#:W9030089
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Other condo townhouse located in the coveted neighborhood of 1031 - DP Dorset Park. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $689,999 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 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Bright, open-concept 3+1-bedroom townhome in the highly sought-after neighborhood of Dorset Park, perfect for any small family or first-time buyer. Great location, close to the highway, major shopping and local amenities. This home boasts a spacious primary bedroom with his and her closets, open-concept main level, generous living and dining room space, fenced-in backyard ready for your personal touch, finished basement with rec room space and additional storage, and hardwood floors throughout. Recent upgrades to the Property: New Furnace 2024, AC unit replaced 2022, Roof updated 2023, Repaved driveway 2023, Oven replaced 2023. LG Washer and Dryer purchased 2023.

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Property Summary

This townhouse located at 397 Ontario Street, Milton is currently for sale and has been available on SousaSells for 733 days. This property is listed at $689,999 with an estimated mortgage of $2,297* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 397 Ontario Street, Milton is in the 1031 - DP Dorset Park neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date7/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleOther
ConstructionBrick, Other
BasementFinished
CountyHalton
Annual Tax$2,344

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Level, Public Transit

Interior Features

Other

Security Features

Community Features

Location

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397 Ontario Street, 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 397 Ontario Street N 18, Milton, ON L9T 3J3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$207,000 (30.0%)
* Minimum Canadian down payment required for this price is $44,000.
Amortization Period30 Years
Estimated Monthly Payment$2,297Based on a loan of $482,999 over 30 years.
Purchase Price$689,999
Loan Amount$482,999
Provincial Land Transfer Tax:$10,275
Total Estimated Closing Taxes:$10,275

About Purchasing a Home in Milton, ON

For a property listed at $689,999 in Milton, the legal minimum down payment is $44,000 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 $10,275 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 $10,275.

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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$1,146,456

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
Anne J. MacArthur
Public820 Farmstead Drive, Milton, Ontario, L9T 8J6
6.7
St. Benedict
Catholic80 McLaughlin Avenue, Milton, Ontario, L9T 8N2
7.5

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.