491 ONTARIO Street, Milton, ON

$555,000
MLS#:W12802134
3 beds
2 baths
1200-1399 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of 1031 - DP Dorset Park. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $555,000 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 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a finished, full 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: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

491 Ontario Street North is nestled in a quiet, tree-lined pocket of Dorset Park where neighbours wave hello and kids ride their bikes after dinner. This townhouse offers a bright, spacious layout. Enjoy walkout access from the living room to a private deck, a large eat-in kitchen with updated counters, sink, and taps, and renovated 2-piece and main bathrooms. Additional upgrades include a new garage door, upgraded front and storm doors, front deck, air conditioner, and a finished basement complete with a cozy cocktail bar-perfect for entertaining.The condo fee includes water, adding extra value to this move-in-ready home. Located just a 2-minute walk to a local plaza with popular dining spots and minutes to Steeles Avenue, Highway 401/407, Milton GO, parks, schools, Milton Mall, hospitals, and more-this is an unbeatable location for commuters, families, or first-time buyers.

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Key Features

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

Additional Details

StatusExtension
Listed Date2/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick Front
BasementFinished, Full
CountyHalton
Annual Tax$2,528

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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491 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 491 ONTARIO Street N, Milton, ON L9T 3J4

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.

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Interest Rate5.25%
Down Payment$30,500 (5.5%)
* Minimum Canadian down payment required for this price is $30,500.
Amortization Period25 Years
Estimated Monthly Payment$3,126Based on a loan of $524,500 over 25 years.
Purchase Price$555,000
Loan Amount$524,500
Provincial Land Transfer Tax:$7,575
Total Estimated Closing Taxes:$7,575

About Purchasing a Home in Milton, ON

For a property listed at $555,000 in Milton, the legal minimum down payment is $30,500 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 $7,575 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 $7,575.

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$1,174,157

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.