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Milton Real Estate for Sale – Search MLS

Milton Real Estate for Sale – Search MLS



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Milton Real Estate for Sale



Showing Results 1–24 of 395

Page 1 of 17


Buying Real Estate in Milton

There are a variety of property types to choose from when looking for real estate
in Milton.
There are 344 houses,
10 townhouses,
and 49 condos for sale.
For past listings, search our
Milton sold listings and Milton expired listings
The average listing price in Milton for all home types is $885,066, which is 21% higher than October 2017.
The average list price differs significantly when broken down by home type. The average listing price of a house is $929,214, $511,349 for a townhouse, and $463,305 for a condo.
There are many popular cities surrounding Milton, including
Burlington,
Oakville,
Mississauga,
Brampton,
Hamilton,
Guelph,
Cambridge that offer a variety of home prices and unique areas to live.
Milton also has many options for renters with 407 active rental listings and an average lease price of $2,416.

Milton Neighbourhoods

Milton Property Taxes

Residents of the City of Milton are expected to pay property taxes on all residences that they own. Property taxes can usually be found on each active Zoocasa listing, or can be looked up here. As of 2017, the estimated property tax residents can expect to pay is 0.298%.

Provincial/Municipal Land Transfer Tax

There is currently no municipal land transfer tax in effect in Milton but the provincial land transfer tax still applies to all property purchases

See below for provincial land transfer tax rates.

Ontario Land Transfer Tax Rates
Purchase Price Rate
$0 – $55,000 0.5%
$55,000.01 – $250,000 1.0%
$250,000.01 – $400,000 1.5%
$400,000.01 – $2,000,000 2.0%
$2,000,000+ 2.5%

Milton Land Transfer Example:

Purchase price = $300,000

Ontario LTT
Purchase Price Subtract Tax Brackets Rate Non 1st Time Buyer Tax Payable 1st Time Buyer Tax Payable
$0 – $55,000 $55,000 0.5% $275 $0
$55,000 – $250,000 $195,000 1.0% $1,950 $0
$250,000 – $400,000 $150,000 1.5% $2,250 $475
$400,000 – $600,000 $200,000 2.0% $4,000 $4,000
Total LTT
Non 1st Time Buyer 1st Time Buyer
$8,475 $4,457

Milton City Guide

Part of the Halton Region in the Greater Toronto Area (GTA) and located on the edge of the Niagara Escarpment and the Bruce Trail, Milton is just 40km west of downtown Toronto via the Ontario 401 highway. The city was one of the fastest growing municipalities in Canada between the years of 2001 to 2011.

Living in Milton

Demographics

As of the Canada 2016 Census, the population of Milton was 101,715. This represents a 34% growth from the 2011 Census population of 75,880. This makes Milton one of the fastest growing cities in Canada compared to the Ontario’s overall growth rate of 4.6% and Canada’s growth rate of 5.0%. A staggering 30% of the population in Milton belong to a visible minority group with South Asians making up almost half of this group. Other major visible minority groups include Filipino, Black, and Chinese.

Schools

As of the Canada 2016 Census, the population of Milton was 101,715. This represents a 34% growth from the 2011 Census population of 75,880. This makes Milton one of the fastest growing cities in Canada compared to the Ontario’s overall growth rate of 4.6% and Canada’s growth rate of 5.0%. A staggering 30% of the population in Milton belong to a visible minority group with South Asians making up almost half of this group. Other major visible minority groups include Filipino, Black, and Chinese.

Elementary School Name Fraser Rating (out of 10.0)
E J James 9.0
Forest Trail 8.9
Joshua Creek 8.6
John T Tuck 8.5
Munns 8.3
Secondary School Name Fraser Rating (out of 10.0)
Abbey Park 9.2
Oakville Trafalgar 8.9
Iroquois Ridge 8.6
Garth Webb 8.5
White Oaks 8.3

Retail

The two major retail centres in Milton include Milton Mall and Thompson Square Shopping Plaza. Milton is also home to the Toronto Premium Outlets, where you can find discounted products on various luxury brands.

Sports

There are currently no professional sports team that belong to Milton. Since Milton is part of the GTA, most residents will drive to Toronto to cheer on teams like the Toronto Raptors, Blue Jays, and Maple Leafs.

Milton Airbnb Regulations

There are currently no regulations in place for short-term rental platforms like Airbnb in the city of Milton.

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This content was originally published here.

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