Old Milton Character Home on Oversized 50x132 Lot

Property details for 152 Commercial Street, Milton

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 50 x 132 FT
Stories: 2
Basement: Unfinished, Partial
Parking: Other, No Garage
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $3,885

You're two minutes from downtown Milton's Main Street shops and restaurants, but this 1938 home sits on a deep 50x132 foot lot in established Old Milton. It's a character property through and through: three bedrooms and one bath upstairs, with a kitchen, family room, dining room, and bathroom on the ground floor. The place needs updating, but the bones are solid with concrete foundation and vinyl siding. The flat lot offers private parking for up to six vehicles, a hot tub stays, and the unfinished partial basement gives you storage or workshop space. R3 zoning is the real kicker. This isn't just a house, it's a development opportunity. You could renovate the existing 1,125 sq ft home, hold for the future, or look into infill options. It's on the town's significant properties list, but not heritage designated. Location is hard to beat: walk to Mill Pond, the fairgrounds, schools, and Milton GO station for commuters. Bishop Reding Catholic Secondary School is 2.4 km away, and Rattlesnake Point Conservation Area is 5.3 km for weekend hikes. Priced at $745,900, which aligns with recent nearby sales, and taxes run $3,884 annually. This one's priced for the land, not the house. A rare chance to grab a big piece of Old Milton and make it yours. There are only three active listings nearby, so it's a tight market with homes selling in about a month. If you've ever wanted to design your own place in a prime spot, this is your shot.

About 152 Commercial Street, Milton — Property Score

Prime Location Hot Market Well Priced

Score: 69/100

Value

Priced 35.8% below area median of $1,162,450 based on 112 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 2 fewer than similarly priced properties nearby 36

6,600 sqft lot - a generous lot for the area 78

Location

$99K median household income - above the Canadian average of $70K 79

92% of residents hold postsecondary credentials - a highly educated neighbourhood 98

90% homeownership rate - indicating a stable, owner-occupied community 93

53% of residents commute under 30 minutes - good commuting convenience 72

1,284/km² population density - a well-balanced suburban area 83

Market

Just listed - area average is 30 days on market 100

+25771.8% median price change over 1 month - rising prices in the area 100

19.5 months of housing supply - 254 active listings with 13 sold last month (buyer's market) 40

Features

6-car garage - area average is 7.6 spots 95

Unfinished, Partial basement - adds valuable living space 85

efficient gas forced air heating 80

Window-unit cooling 50

No premium extras like pool, waterfront, or view 50

Investment

0.52% effective tax rate ($3,884/yr) - very low tax burden 84

10% renter population - primarily owner-occupied area 42

Quality

Condition

Listing

39 photos provided - below the area average of 42 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.