55 Commercial Street, Milton, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of 1035 - OM Old Milton. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,160,000 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.
- 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 61 x 167 ft lot
- Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available
- Notable attributes: Separate Heating Controls, Sump Pump, Water Heater
- Efficient baseboard heating via electric
Description
*** Visit the REALTOR website for further information about this Listing *** Legal Triplex conveniently located within steps of downtown Milton! Nearby restaurants, shops, etc. Perfect location to live and receive potential income. Two 3-bedroom units above grade and one lower level 2-bedroom unit plus coin-operated laundry. Units A and C are currently leased. Unit B is vacant. Unit B and C are newly renovated with new windows, kitchen, bathroom, appliances etc. Many upgrades to the building including new electrical panel (2024), new coin operated washer and dryer (2025), sump pump and backflow system (2024), new shed and patio stones (2025), exterior railings and balcony (2021 & 2022) any many more! 24 hour notice is required to view the occupied units.
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Property Summary
This triplex located at 55 Commercial Street, Milton is currently for sale and has been available on SousaSells for 102 days. This property is listed at $1,160,000 with an estimated mortgage of $3,861* per month. It has 8 beds, 3 bathrooms, and is 2000-2500 square feet. 55 Commercial Street, Milton is in the 1035 - OM Old Milton neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Separate Heating Controls, Sump Pump, Water Heater
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 55 Commercial Street, Milton, ON L9T 2H6
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 $1,160,000 in Milton, the legal minimum down payment is $232,000 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 $19,675 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 $19,675.
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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.