134 Wakefield Road, Milton

Price: $939,900

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13468428

Beautifully updated bungalow in the heart of charming Old Milton featuring a fully self-contained lower-level suite with its own separate entrance, an exceptional opportunity for multi-generational living, extended family, guests, or flexible living arrangements. Offering over 1,700 sq. ft. of finished living space, this thoughtfully updated home blends modern style with everyday functionality in one of Milton's most desirable, walkable neighbourhoods. The bright, open-concept main floor features three spacious bedrooms and a beautifully renovated kitchen centered around a large island, creating the perfect space for family gatherings and entertaining. The fully finished lower level functions like a second home, complete with its own private entrance, full kitchen, comfortable living room, dedicated laundry, 4-piece bathroom, and a flexible layout featuring one bedroom plus a den that can easily serve as a second bedroom (closet/no window). Whether you're accommodating aging parents, welcoming adult children, hosting long-term guests, or exploring the potential for supplemental rental income (buyer to verify permitted uses), this versatile space offers exceptional flexibility to suit your lifestyle. Step outside to a beautifully private, tree-lined backyard oasis, an ideal setting for morning coffee, summer entertaining, gardening, or simply unwinding in your own peaceful retreat. Enjoy the best of Old Milton with nearby parks, schools, downtown shops, restaurants, and everyday amenities just minutes away. A rare opportunity to own a move-in-ready home that combines timeless charm, modern updates, exceptional flexibility, and a peaceful outdoor setting.

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$939,900 - 134 Wakefield Road, Milton

Detached for Sale in Milton

66 days on market

Neighbourhood: 1035 - OM Old Milton

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13468428
Property Type
Detached
Status
active
Days on Site
66
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Milton
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Beautifully updated bungalow in the heart of charming Old Milton featuring a fully self-contained lower-level suite with its own separate entrance, an exceptional opportunity for multi-generational living, extended family, guests, or flexible living arrangements. Offering over 1,700 sq. ft. of finished living space, this thoughtfully updated home blends modern style with everyday functionality in one of Milton's most desirable, walkable neighbourhoods. The bright, open-concept main floor features three spacious bedrooms and a beautifully renovated kitchen centered around a large island, creating the perfect space for family gatherings and entertaining. The fully finished lower level functions like a second home, complete with its own private entrance, full kitchen, comfortable living room, dedicated laundry, 4-piece bathroom, and a flexible layout featuring one bedroom plus a den that can easily serve as a second bedroom (closet/no window). Whether you're accommodating aging parents, welcoming adult children, hosting long-term guests, or exploring the potential for supplemental rental income (buyer to verify permitted uses), this versatile space offers exceptional flexibility to suit your lifestyle. Step outside to a beautifully private, tree-lined backyard oasis, an ideal setting for morning coffee, summer entertaining, gardening, or simply unwinding in your own peaceful retreat. Enjoy the best of Old Milton with nearby parks, schools, downtown shops, restaurants, and everyday amenities just minutes away. A rare opportunity to own a move-in-ready home that combines timeless charm, modern updates, exceptional flexibility, and a peaceful outdoor setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,822.17/mo

Includes CMHC insurance ($26,223)

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5-yr fixed avg.

Principal: $845,910Interest: $574,519
Mortgage Amount$872,133
Total Interest$574,519
Est. Property Tax$666/mo
Total Cost$1,446,652

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: 1035 - OM Old Milton

Discover 1035 - OM Old Milton

1035 - OM Old Milton 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 1035 - OM Old Milton

  • 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

1035 - OM Old Milton 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

134 Wakefield Road, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$666
Insurance (est.)-$196
Net Cash Flow+$2,338

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

Premium Pricing

At $1343/sqft, this property is priced above the Milton average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 66 days on site, this property has exceeded the typical selling timeline for Milton. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Milton. Good resale value as demand remains consistent.

Milton Lifestyle

Milton offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

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    134 Wakefield Road, Milton | $939,900 | Battaglia Team