
This property was sold on August 8, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1023 - BE Beaty. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,845,000 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.
Luxurious 5-bedroom, 5-bath home on a premium corner lot with 75 ft frontage and 90 ft depth, plus no sidewalk. This exquisite residence offers 3739 sqft above-grade + 1645 sqft finished basement. Upgraded exterior features parking for 6-7 cars, expansive backyard with gazebo, custom-built patio, outdoor kitchen, stonework, new leaf guard, and beautifully landscaped grounds with stamped concrete. Exterior potlights with dimmer function enhance the porch, with 2 wrought-iron entry gates and in-ground sprinkler system. Within the freshly painted interior, each bedroom features an ensuite bathroom and spacious closets. The main floor boasts smooth ceilings, plus a large office with striking glass French door entry and walk-in closet, which can be converted to a bedroom. Enjoy a laundry/mudroom with entry from the garage, backyard, and kitchen, and a dining room with a statement chandelier and box window. Family room features a gas fireplace and bow window. Butlery provides extra storage and an elegant floor plan. Potlights and pendant lighting illuminate the kitchen island and breakfast area, with direct access to backyard. The 2nd floor provides a library/den ideal for remote work and quiet study. Primary bedroom highlights a beautiful ensuite with jacuzzi and double sink, 2 walk-in closets, French door entry, and architectural wall niche. The modern finished basement boasts a bar, fireplace, 3pc bathroom, potlights, storage rooms. The home is carpet-free, with elegant hardwood and tile throughout. Upgraded architectural details such as wall niches, rounded corners, column work, tray ceilings, crown mouldings, arches, and trim add a sophisticated finish. High-end granite/quartz countertops are featured in the kitchen and bathrooms, and upgraded lighting fixtures and chandeliers add a touch of luxury. With ample sunlight, new heat pump and NE-facing orientation located on a quiet street, enjoy being steps to walking trails, parks, library, schools, transit & shopping.
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This detached home located at 883 Somerville Terrace, Milton is currently for sale and has been available on SousaSells for 756 days. This property is listed at $1,845,000 with an estimated mortgage of $6,141* per month. It has 5 beds, 5 bathrooms, and is 3500-5000 square feet. 883 Somerville Terrace, Milton is in the 1023 - BE Beaty neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in 1023 - BE Beaty, Milton.
Growing families needing multi-bedroom flexibility and space in 1023 - BE Beaty, Milton.
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The current listing price for 883 Somerville Terrace, Milton, ON in 1023 - BE Beaty, Milton is $1,845,000.
This property features 5 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.
883 Somerville Terrace, Milton, ON is a Detached (2-Storey) featuring a Finished, Full basement.
Key property features include: Fenced Yard, Library, Park, Public Transit, School.
Interior highlights include: Auto Garage Door Remote, Carpet Free, Central Vacuum, ERV/HRV, Storage, Sump Pump, Trash Compactor, Water Heater Owned.
Yes, this property offers parking space for 6.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 883 Somerville Terrace, Milton, ON L9T 5V1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Milton.
About Purchasing a Home in Milton, ON
For a property listed at $1,845,000 in Milton, the legal minimum down payment is $369,000 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 $33,375 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 $33,375.
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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.