189 Wakefield Road, Milton

Price: $749,900

3 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13790894

Solid, bright bungalow sits high on a large mature treed lot in a highly desired location. Original main level hardwood requires refinishing or cover over with new product. Oak kitchen cabinets, three main level bedrooms and a four piece washroom. The back door leads to the spacious, private rear and side yard and also to lower level recreation and games room plus a large, open laundry and utility area.. This home provides a great opportunity to renovate/restyle. Carport and lots of parking. This home fronts onto a low traffic street. Lots of potential and possibilities. Shingles replaced 2019, furnace replaced 2023, owned water heater 2022, main level windows replaced.

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$749,900 - 189 Wakefield Road, Milton

Detached for Sale in Milton

Neighbourhood: 1035 - OM Old Milton

3Beds
1Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W13790894
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
3
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Milton
Taxes (2026)
$4,369
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Solid, bright bungalow sits high on a large mature treed lot in a highly desired location. Original main level hardwood requires refinishing or cover over with new product. Oak kitchen cabinets, three main level bedrooms and a four piece washroom. The back door leads to the spacious, private rear and side yard and also to lower level recreation and games room plus a large, open laundry and utility area.. This home provides a great opportunity to renovate/restyle. Carport and lots of parking. This home fronts onto a low traffic street. Lots of potential and possibilities. Shingles replaced 2019, furnace replaced 2023, owned water heater 2022, main level windows replaced.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,847.38/mo

Includes CMHC insurance ($20,922)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,910Interest: $458,381
Mortgage Amount$695,832
Total Interest$458,381
Est. Property Tax$531/mo
Total Cost$1,154,213

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

189 Wakefield Road, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$2,113

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

Fair Market Value

At $1071/sqft, this property is priced in line with current Milton market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    189 Wakefield Road, Milton | $749,900 | Battaglia Team