950 Drew Centre, Unit 1, Milton, ON

$694,900
MLS#:W13566824
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 1037 - TM Timberlea. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $694,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Located At Thompson Road South and Drew Centre, Thompson Towers Will Offer Seamless Access to an Unparallel Transit System and a Host of Exclusive Amenities at The Thompson Club. With Its Eye-Catching Architecture and Meticulously Landscaped Surroundings, Thompson Towers is Ushering in a New Era for Urban Life. Experience Milton Like Never Before. Now is Your Chance to Own This Beautiful, Brand New 1 Bed + Den Unit @ The Tallest Towers in Milton!

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Property Summary

This condo apartment located at 950 Drew Centre, Milton is currently for sale and has been available on SousaSells for 1 day. This property is listed at $694,900 with an estimated mortgage of $2,313* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 950 Drew Centre, Milton is in the 1037 - TM Timberlea neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete, Other
BasementNone
CountyHalton
Annual Tax$0

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Greenbelt/Conservation, Hospital, Public Transit, School, Park

Interior Features

Carpet Free

Security Features

Carbon Monoxide Detectors, Concierge/Security, Smoke Detector

Community Features

Location

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950 Drew Centre, Unit 1, 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 950 Drew Centre 1601, Milton, ON L9T 9G9

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.

Market Trend
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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 Rate4.00%
Down Payment$208,470 (30.0%)
* Minimum Canadian down payment required for this price is $44,490.
Amortization Period30 Years
Estimated Monthly Payment$2,313Based on a loan of $486,430 over 30 years.
Purchase Price$694,900
Loan Amount$486,430
Provincial Land Transfer Tax:$10,373
Total Estimated Closing Taxes:$10,373

About Purchasing a Home in Milton, ON

For a property listed at $694,900 in Milton, the legal minimum down payment is $44,490 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 $10,373 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 $10,373.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1037 - TM Timberlea, Milton.

Verified Local Data
City Population132,979
City Median Age36.4 Yrs
City Ownership83% Owners
Avg Area List Price$923,889

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

Sam Sherratt
Public649 Laurier Avenue, Milton, Ontario, L9T 4N4
6.1
Bruce Trail
Public1199 Costigan Road, Milton, Ontario, L9T 6N8
6.9
Tiger Jeet Singh
Public650 Yates Drive, Milton, Ontario, L9T 7P6
6.8
Our Lady of Victory
Public540 Commercial Street, Milton, Ontario, L9T 4Z3
6.2
St Anthony of Padua
Public1240 Tupper Drive, Milton, Ontario, L9T 6T7
7.2

Secondary Schools

Milton
Public396 Williams Avenue, Milton, Ontario, L9T 2G4
8.0
Bishop Paul Francis Reding
Public1120 Main Street East, Milton, Ontario, L9T 6H7
8.2

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.