124 Playfair Terrace, Milton

Price: $1,849,000

5 bedrooms, 6 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13599266

Welcome to 124 Playfair Terrace, a stunning Heathwood-built home situated on a premium oversized corner lot in Milton's highly sought-after Scott neighbourhood. Offering approximately 3,352 sq. ft. above grade, plus a beautifully finished basement, this exceptional home blends timeless elegance with modern comfort.Step inside to soaring 9-foot ceilings, wide-plank hand-scraped hardwood flooring throughout, and a bright, thoughtfully designed layout. The main floor features elegant separate living and dining rooms, a private office overlooking the grand open-to-above foyer, and a spacious family room with a cozy fireplace. The upgraded chef's kitchen is equipped with granite countertops, premium stainless steel appliances, a large centre island, and a breakfast area with walkout access to the backyard.Upstairs, you'll find four generously sized bedrooms, including a luxurious primary suite with a walk-in closet and a spa-inspired ensuite. Additional bedrooms offer ensuite or semi-ensuite access, providing both comfort and privacy for family and guests.The fully finished basement adds exceptional versatility with a massive recreation and games room, a spacious bedroom, and 1 full and 1 half bathroom, making it ideal for entertaining, extended family, guests, or multi-generational living.Outside, enjoy the added space and curb appeal of the premium corner lot, complete with an interlocking driveway and a double-car garage. Ideally located close to top-rated schools, parks, walking trails, shopping, restaurants, public transit, and major highways.A rare opportunity to own a beautifully upgraded family home with over 4,000 sq. ft. of finished living space in one of Milton's most desirable communities.

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New Listing
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$1,849,000 - 124 Playfair Terrace, Milton

Detached for Sale in Milton

New — Listed 2 days ago

Neighbourhood: 1036 - SC Scott

5Beds
6Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
W13599266
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
6
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Milton
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Welcome to 124 Playfair Terrace, a stunning Heathwood-built home situated on a premium oversized corner lot in Milton's highly sought-after Scott neighbourhood. Offering approximately 3,352 sq. ft. above grade, plus a beautifully finished basement, this exceptional home blends timeless elegance with modern comfort.Step inside to soaring 9-foot ceilings, wide-plank hand-scraped hardwood flooring throughout, and a bright, thoughtfully designed layout. The main floor features elegant separate living and dining rooms, a private office overlooking the grand open-to-above foyer, and a spacious family room with a cozy fireplace. The upgraded chef's kitchen is equipped with granite countertops, premium stainless steel appliances, a large centre island, and a breakfast area with walkout access to the backyard.Upstairs, you'll find four generously sized bedrooms, including a luxurious primary suite with a walk-in closet and a spa-inspired ensuite. Additional bedrooms offer ensuite or semi-ensuite access, providing both comfort and privacy for family and guests.The fully finished basement adds exceptional versatility with a massive recreation and games room, a spacious bedroom, and 1 full and 1 half bathroom, making it ideal for entertaining, extended family, guests, or multi-generational living.Outside, enjoy the added space and curb appeal of the premium corner lot, complete with an interlocking driveway and a double-car garage. Ideally located close to top-rated schools, parks, walking trails, shopping, restaurants, public transit, and major highways.A rare opportunity to own a beautifully upgraded family home with over 4,000 sq. ft. of finished living space in one of Milton's most desirable communities.

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Estimated Payment

$8,178.75/mo

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5-yr fixed avg.

Principal: $1,479,200Interest: $974,425
Mortgage Amount$1,479,200
Total Interest$974,425
Est. Property Tax$1,310/mo
Total Cost$2,453,625

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1036 - SC Scott

Discover 1036 - SC Scott

1036 - SC Scott is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1036 - SC Scott

  • Convenient location in Milton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Craig Kielburger Secondary SchoolPublic High School
Milton District High SchoolPublic High School
Bishop Reding Catholic Secondary SchoolCatholic High School
Jean Vanier Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1036 - SC Scott offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

124 Playfair Terrace, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,310
Insurance (est.)-$385
Net Cash Flow+$2,505

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $616/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Milton's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Milton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Milton.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    124 Playfair Terrace, Milton | $1,849,000 | Battaglia Team