There are a variety of property types to choose from when looking for real estate in Milton. There are 471 houses, 9 townhouses, and 46 condos for sale. For past listings, search our Milton sold and expired listings. The average listing price in Milton for all home types is $894,653, which is 16% higher than April 2017. The average list price differs significantly when broken down by home type. The average listing price of a house is $926,428, $480,278 for a townhouse, and $466,317 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 526 active rental listings and an average lease price of $2,147.
Milton is home to 8 unique neighbourhoods. Popular neighbourhoods include Sherwood, with 248 active real estate listings, Bristol, with 217 active real estate listings, and Central Business District, with 27 active real estate listings.
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%.
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 |
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.
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.
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 |
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.
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.
There are currently no regulations in place for short-term rental platforms like Airbnb in the city of Milton.