8010 Derry Road Unit 306, Milton

Price: $499,999

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: W13475300

Attention Fist Time Home Buyers & Investors. stylish, maintenance-free living in this beautiful ONE PLUS ONE suite W TWO BATHROOMS at the new Connectt Condominiums. This bright and spacious unit features an open-concept layout with large windows that illuminate the suite with natural light and showcase stunning, unobstructed views of the Milton Escarpment, a perfect setting for enjoying beautiful evening sunsets. The modern kitchen features elegant finishes, and stainless steel appliances, including a fridge, stove, dishwasher, microwave, and stackable washer/dryer. This suite truly stands out! Residents enjoy exceptional amenities including a fitness center, rooftop terrace, outdoor pool, party room, lounge areas, and concierge service. The unit includes 1 Owned Parking Space and 1 Owned Locker. You are moments away from the Milton Hospital, Milton Sports Centre, the proposed Wilfrid Laurier University campus, Milton Mall, and major Grocery Stores. Enjoy proximity to the Milton GO Station and quick access to Highways401 & 407. This location truly offers many options nearby!

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$499,999 - 8010 Derry Road Unit 306, Milton

Condo for Sale in Milton

Neighbourhood: 1028 - CO Coates

2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
W13475300
Property Type
Condo
Status
active
Days on Site
15
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Milton
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Attention Fist Time Home Buyers & Investors. stylish, maintenance-free living in this beautiful ONE PLUS ONE suite W TWO BATHROOMS at the new Connectt Condominiums. This bright and spacious unit features an open-concept layout with large windows that illuminate the suite with natural light and showcase stunning, unobstructed views of the Milton Escarpment, a perfect setting for enjoying beautiful evening sunsets. The modern kitchen features elegant finishes, and stainless steel appliances, including a fridge, stove, dishwasher, microwave, and stackable washer/dryer. This suite truly stands out! Residents enjoy exceptional amenities including a fitness center, rooftop terrace, outdoor pool, party room, lounge areas, and concierge service. The unit includes 1 Owned Parking Space and 1 Owned Locker. You are moments away from the Milton Hospital, Milton Sports Centre, the proposed Wilfrid Laurier University campus, Milton Mall, and major Grocery Stores. Enjoy proximity to the Milton GO Station and quick access to Highways401 & 407. This location truly offers many options nearby!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.25/mo

Includes CMHC insurance ($13,950)

$
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5-yr fixed avg.

Principal: $449,999Interest: $305,627
Mortgage Amount$463,949
Total Interest$305,627
Est. Property Tax$354/mo
Total Cost$769,576

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: 1028 - CO Coates

Discover 1028 - CO Coates

1028 - CO Coates 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 1028 - CO Coates

  • 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

1028 - CO Coates 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

8010 Derry Road Unit 306, Milton

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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 $833/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 15 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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.

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.

About 1028 - CO Coates

I know 1028 - CO Coates well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    8010 Derry Road Unit 306, Milton | $499,999 | Battaglia Team