$686,900 - 950 Drew Centre Unit 505, Milton
Condo for Sale in Milton
Popular ListingNeighbourhood: 1037 - TM Timberlea
- MLS Number
- W13566798
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Milton
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- METROPARK REALTY INC.
Located At Thompson Road South and Drew Centre, Thompson Towers Will Offer Seamless Access to an Unparalled 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!
Estimate your monthly payments for this property
Estimated Payment
$3,524.15/mo
Includes CMHC insurance ($19,165)
5-yr fixed avg.
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.
Discover 1037 - TM Timberlea
1037 - TM Timberlea 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 1037 - TM Timberlea
- •Convenient location in Milton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
1037 - TM Timberlea 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.
950 Drew Centre Unit 505, Milton
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1145/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.
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 1037 - TM Timberlea
I know 1037 - TM Timberlea 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.
Investment Perspective
Looking at this as an investment: Milton properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,862 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.