Milton Condos
In Milton, condos make up the majority of the remaining housing, which is almost 60 percent. The majority of the housing in this region of the Greater Toronto Metropolitan Area was constructed after 2000, at the height of its biggest building surge.
The majority of the houses in this municipality have 3 or more bedrooms and 4 or more bedrooms. In this community, 15 percent of residents are renters and about 8 percent of residents own their homes. More than half of homeowners show the affordability of homes in this city.
Number of listings and average price
Milton homes have 66 listings. Milton homes have three types of listings. These are active listings, sold listings and new listings. Condos have 46 new listings, 11 sold listings and 48 active listings. These listings vary with the number of bedrooms. Condos with one bedroom have 14 new listings, 4 sold listings and 14 active listings. Condos with two bedrooms have 26 new listings, 7 sold listings and 29 active listings. Condos with three bedrooms have 5 new listings and 3 active listings.
The average price for Milton condos for sale in 2009 was $245,000. As of today, the city has an average price of $1,104,538 as indicated by recent MLS statistics. The city has 16 median days to sell a home in the real estate market. Average price varies with the construction styles. Condos have an average price of $581K and this price was $658K about three months ago. Despite the global economic changes, there has been a significant change in the average prices of condominium homes. Townhomes have an average price of $924K while that of detached homes have an average price of $1.4M. Above real estate statistics shows that condominium homes are the most affordable construction styles in the city.
Features and Amenities
The areas of a condominium building that are shared by all owners are known as common elements. They make up everything, with a few notable anomalies, aside from the dwellings. Common components include hallways, restrooms, lobbies, locker, technical rooms, rooms, workshops, the roof, the grounds, and pathways.
One of the most crucial factors to take into account when purchasing an apartment is the amenities. These include, among other things, a visitor parking lot, a function area, a lap pool, and a gym.
Condos available within $550K
Different condominiums are available for sale within $550K. A one bedroom and one bathroom condo of around 700 to 799 sq ft is available for sale at 1050 MAIN ST, MILTON, CANADA. This is only for $550,000. Another one bedroom and one bathroom condo of around 597 sq ft is available for sale at 1105 LEGER E UNIT# MILTON, CANADA. You can own this beautiful condominium home for only $545,000.
Some more about Milton
Milton is one of the most affordable cities in Canada. It is the 5th fastest selling city in Canada with almost 122 homes have been sold out in the last 28 days. It is also the 11th fastest growing city in Canada. The selling to listing price ratio in Milton is 99 percent.
