The Milton real estate market is currently broken up into twelve residential neighbourhoods – with four more coming in the next phase of development in the Boyne Survey – and a few rural areas that naturally fall outside the core of Milton.
For the purpose of this blog I will be sticking to the core neighbourhoods of Milton though if you have any questions regarding any rural properties or questions about rural neighbourhoods please feel free to reach out and contact me.
There are two non residential areas of Milton. The “401 Business Park” which is established and growing and the “Derry Green Business Park” that is not yet under development though is coming soon.
While these two areas of Milton real estate obviously don’t have any residential homes in them to report on though they are still of great significance as they offer a substantial source of tax revenue for the town as well as a significant source of employment. So I will be diving into these two area in great detail on later post.
The residential neighbourhoods in Milton can generally be broken into “old” Milton consisting of “Old Milton”, “Timberlea“, “Dorset Park”, “Milton Heights”, “Mountain View” and “Bronte Meadows” and “new” Milton, consisting of “Dempsey”, “Clarke”, “Beaty”, “Coates“, “Willmont”, “Harrison”, and “Scott”.
Parts of “new” Milton are now 12 years old which is still fairly new yet considered old when compared to homes that are 1-3 years old.
In “old” Milton you’re going to get a mixture of homes ranging from 100+ years down to 30-40 years old. These homes while old in years offer a lot of character and architecture that we just don’t see in new real estate today, as well as large lots and mature trees.
Milton Heights is currently on the North-West end of Milton and is currently going through re-development. Here you can find easy access to Kelso Park, as well as where the 401 & Tremaine will be going!
“New” Milton is still developing and growing but in the interest of profit – and provincial mandate – the builders are putting as much as they can on the land they have.
Ford is a very newly developed neighbourhood. There is not many things in the area because of it being brand new, and it it mostly consists of housing. More information regarding this neighbourhood is to come!
What’s generally happening is that the lot sizes are a bit smaller….or at least shallower, typically maxing out at or just over 80 feet deep. Compare that to some of the older homes in “new” Milton where the lots are 100-120 feet deep or “old” Milton where they can be 200 feet deep or more.
If owning a home with a good sized lot is important to you, you’ll want to stay north of Derry as a general rule…. or look outside the core if your budget will allow 🙂
