583 Laking Terrace, Milton, ON
Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of 1027 - CL Clarke. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $699,900 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 21 x 44.29 ft lot
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 583 Laking Terrace, a beautifully maintained freehold townhouse in Milton's highly sought-after Clarke community. This bright and spacious 3-storey home features 2 generous bedrooms, 3 bathrooms, and a functional open-concept layout designed for modern living. The main level offers a sun-filled great room, dining area with walk-out to a private balcony, and a well-appointed kitchen complete with stainless steel appliances and tile flooring. The primary suite boasts a walk-in closet and a 4-piece ensuite, while the ground-level office provides the perfect work-from-home space with direct access to the garage. Enjoy parking for up to 3 vehicles and central air conditioning. Conveniently located close to schools, parks, shopping, transit, and major commuter routes including Derry Road and Thompson Road. An excellent opportunity for first-time buyers, downsizers, or investors.
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Pricing & Value Insights
Data-driven valuation for 583 Laking Terrace, Milton, ON L9T 0Y8
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About Purchasing a Home in Milton, ON
For a property listed at $699,900 in Milton, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.