Milton Neighbourhoods
Milton has so much to offer! And every neighbourhood has something unique to offer!
Lucky for you, we’ve put together information for every neighbourhood for you in one convenient place! So take a look and maybe find a neighbourhood that will suit you best!
Rent vs. Buy
During a survey of renters, 35-49% believed that in order to buy a home they needed a minimum of 20% down payment.
The truth is that only 5% down is required for anything under $500,000, and just 10% on any amount above $500,000. Meaning if you’re hoping to buy a home for $550,000 you’d need 5% for the first $500k ($25,000) and 10% of the $50k over $500,000 ($5,000). So a $550,000 home only needs $30,000 or 5.5% down, not the $110,000 (20%) that many renters believe they need.