550 Lear Gate, Milton, ON
Property no longer active
This property was sold on July 14, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1038 - WI Willmott. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 36.15 x 88.73 ft lot
- Features a walk-up, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Accessory Apartment, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stunning and fully upgraded 4+2 bed, 4 bath detached home in Milton's Willmott neighborhood with a legal 2-bedroom basement apartment (rented at $1850/month) with walk-up separate entrance-ideal for rental income or extended family living! Features include gleaming hardwood floors, 30+ interior pot lights, including exterior pot lights all around the house, 9-foot ceilings on the main floor, California shutters throughout, and stylish lighting. The main floor den is perfect for a home office, while the second-floor family room can serve as a 5th bedroom. The upgraded kitchen offers quartz counters, refaced cabinets, stainless steel appliances, and a walkout to a private backyard deck. Landscaped yard includes patterned concrete and a side stone walkway. The primary suite boasts a walk-in closet with Closet system and 4-pc ensuite. Located steps from top-rated schools, Milton Sports Centre, Sobeys Plaza, hospital, parks, splash pad, and more. Room for 5-car parking!
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 550 Lear Gate, Milton is currently for sale and has been available on SousaSells for 405 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 6 beds, 4 bathrooms, and is 2000-2500 square feet. 550 Lear Gate, Milton is in the 1038 - WI Willmott neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in 1038 - WI Willmott, Milton.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in 1038 - WI Willmott, Milton.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Accessory Apartment
- Central Vacuum
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 550 Lear Gate, Milton, ON
Q.What is the asking price for 550 Lear Gate, Milton, ON ?
The current listing price for 550 Lear Gate, Milton, ON in 1038 - WI Willmott, Milton is $1,199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 550 Lear Gate, Milton, ON ?
550 Lear Gate, Milton, ON is a Detached (2-Storey) featuring a Walk-Up, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Central Vacuum.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Built-In).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Virtual Tour & 3D Walkthrough
Virtual 360° Walkthrough & Live Video Tour
Request a live agent video tour or get 3D virtual walkthrough access for 550 Lear Gate, Milton, ON .
Location
Google Street View
Open in Google MapsProperty History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 550 Lear Gate, Milton, ON L9T 8K1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Milton.
Configure Loan Settings
About Purchasing a Home in Milton, ON
For a property listed at $1,199,000 in Milton, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
Similar Listings in 1038 - WI Willmott, Milton
Explore all Just Listed Homes in Milton →
1038 - WI Willmott, Milton Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for 1038 - WI Willmott, Milton.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Best Schools in 1038 - WI Willmott, Milton
Elementary Schools
Secondary Schools
1038 - WI Willmott, Milton Demographic Home information
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.