06.27.22 | Milton

Everything You Need To Know About Buying A House In Milton

If you saw a picture of Milton from 20 years ago, you might not recognize the town. Back then, it looked more like farmland sprinkled with a few developments here and there. However, it didn’t take long for the word to get out about the “small town” located next to beautiful landmarks like the Niagara Escarpment and Rattlesnake Point.

Today, world-class amenities and natural beauty have made Milton the fastest growing community in the GTA, with a population that now exceeds 130,000.

If you’re thinking about making Milton your next home, here are a few things you should know.

The Neighbourhoods in Milton

Milton is made up of 12 smaller neighbourhoods. Scott and Harrison are two of the newest developments, and both offer breathtaking views of the Niagara Escarpment. 

Commuters are partial to Dempsey, which has easy access to Highway 401. On a good day, you can reach Toronto in less than an hour.

Timberlea is an older neighbourhood, with larger than average lot sizes and mature trees lining the streets. It is one of the most popular areas in Milton, primarily for its central location. Timberlea provides easy access to the many amenities Milton has to offer and borders nearly every other neighbourhood in the town.

There are too many incredible facts about Milton for a single article. Find out more about this desirable area in these posts below:

Keeping Busy In Milton 

Milton is a fantastic place to raise a family, and there are countless ways to keep active and enjoy the great outdoors. Here are just a few ideas to keep you busy:

Visit Springridge Farms. It’s so easy to wile the day away here. Kids will have a blast barrelling down the tube slides, hanging onto the spiderweb climber, going on wagon rides and saying “hello” to the farm animals. A cafe provides refreshments right on the porch, so no one goes hungry. Before leaving, stop by the barn market for delicious baked goods and fine foods to bring home. 

Take a walk at Rattlesnake Point. There are hiking trails for adventurers of all levels. Lookout points provide panoramic views of the escarpment. Some of the ancient cedars you’ll see are over 800 years old! The Nassagaweya Canyon Trail is a fantastic way for fitness buffs to spend an afternoon. Be sure to grab a water bottle before you go, as this hike can last from 4 to 5 hours! If you’re feeling especially adventurous, there are three designated rock climbing areas to conquer.

Enjoy a long bike ride. Milton is a fantastic place for cyclists, and not just because of all of the spectacular trails. There’s also the Mattamy Cycling Centre, a giant velodrome that offers drop-in programs throughout the week. Now the rain can’t stop you from pedalling your way to fitness!

Milton offers a lot more than outdoor adventures! You’ll also find an abundance of restaurants, pubs, cafes and entertainment options. Whenever you feel the need for retail therapy, you can head on over to the Premium Outlet Mall, where you’ll find high-end brands and incredible savings at over 80 stores.

Access To High-Quality Healthcare

Milton is served by Halton Healthcare Services. The main facility is Milton District Hospital, which provides emergency services, general medicine, intensive care, surgery and outpatient care. Whether you’re seeking a new family doctor or a physiotherapy clinic, you’ll find practitioners of all kinds. There are multiple dental clinics, massage therapy centres and medical spas in each neighbourhood. Easy access to healthcare makes Milton an attractive place for everyone, from young families to retirees looking to downsize.

Do you want to know more about what’s happening in the Milton real estate market? Check out our latest stats and insights right here.

Real Estate Opportunities Within Milton

Milton is quickly becoming one of the most desired locations in the GTA. As a result, housing prices have been on the rise, especially during the real estate boom we’ve experienced over the last two years. Available listings have been few and far between, and buyers often had to compete in multiple offer scenarios.

However, there has recently been a shift in the market, which is the best news for buyers that we have had in a long time.

In February, the average price for a house in Milton reached an all-time high of $1,142,001 as buyers competed during the pandemic. 

Now, the market has changed drastically from what it was a few months ago. The Bank of Canada has raised interest rates to combat inflation. As a result, the housing market has cooled. In May, the average price of a house dropped to $960,910, and more listings are available than there have been in months. As a buyer, you finally have options to choose from and more negotiating power.  

Should You Work With A Real Estate Agent?

While the market has become a little more balanced, it remains highly competitive for buyers. Browsing listings online can be tedious when trying to decide which houses to view in person. When you do find something that catches your eye, you’ll may have to contend with a seller who doesn’t realize the market has changed.

A Milton real estate agent can help you negotiate the best price and the best terms. They may even be able to help you find the right house faster by accessing homes that haven’t been listed yet or aren’t visible on the MLS®.

Are you ready to start your home search and want to know what your next step is? Our Buyer’s Guide can walk you seamlessly through the whole process. You can access it for free right here.