miltonly.
MiltonlyBuyOld Milton55 Commercial Street
55 Commercial Street, Milton, on L9t 2h6
FOR SALE50d on market

$1,160,000

$516/sqft

8 bd · 3 ba · Detached · 2,250 sqft

55 Commercial Street, Milton, on L9t 2h6

👁 17 people viewed today
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Detached

2-Storey

🚗

12 parking

None

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$4,939/yr

Tax (2025)

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31-50

Approx. age

Listed 50 days ago · Source: TREB MLS® W12958506 · Easy List Realty Ltd.. · Near Commercial Street and Pine Street

About this home

*** Visit the REALTOR website for further information about this Listing *** Legal Triplex conveniently located within steps of downtown Milton! Nearby restaurants, shops, etc. Perfect location to live and receive potential income. Two 3-bedroom units above grade and one lower level 2-bedroom unit plus coin-operated laundry. Units A and C are currently leased. Unit B is vacant. Unit B and C are newly renovated with new windows, kitchen, bathroom, appliances etc. Many upgrades to the building including new electrical panel (2024), new coin operated washer and dryer (2025), sump pump and backflow system (2024), new shed and patio stones (2025), exterior railings and balcony (2021 & 2022) any many more! 24 hour notice is required to view the occupied units.

Features

Separate Heating ControlsSump PumpWater HeaterPatioBasement

Property details

Parking & Garage

Parking spaces12
GarageNone

Heating & Cooling

Heat typeBaseboard
Heat sourceElectric
CoolingNone

Building

Style2-Storey
ConstructionBrick, Vinyl Siding
RoofAsphalt Shingle
FoundationBlock, Concrete
Approx. age31-50
FacesWest

Lot

Lot size61' × 167'
SewerSewer

What's nearby

🏙️
Downtown Toronto

~55 min drive from Milton

Directions →
🛍️
Square One

~25 min drive from Milton

Directions →
✈️
Pearson Airport

~35 min drive from Milton

Directions →
🚉
Bronte GO

~20 min drive from Milton

Directions →
🚉
Trafalgar GO

~22 min drive from Milton

Directions →
🛍️
Oakville Place

~24 min drive from Milton

Directions →
🎓
Sheridan College

~30 min drive from Milton

Directions →
🏥
Milton Hospital

~8 min drive from Milton

Directions →

Mortgage & monthly cost

$6,337/month estimated total

Mortgage

$5,425

Tax

$412

Maintenance

$350

Insurance

$150

Estimated Ontario Land Transfer Tax$19,675

Estimates only. Call Aamir for a full cost breakdown and pre-approval guidance.

Investment analysis

Est. monthly rent

$2,575

Gross cap rate

2.7%

Monthly cashflow

$-5,097

Negative cashflow reflects current mortgage rates. Contact Aamir for a full investment strategy — down-payment sizing, rate-shopping, and Milton-specific rental benchmarks can all move this number.

Assumes 20% down · 5% rate · 25-yr amortization · $300/mo maintenance · est. rent from live Milton rental data. Estimates only — contact Aamir for a full investment analysis.

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Quick facts

MLS®W12958506
Statusactive
TypeDetached
Listed50 days ago
BrokerageEasy List Realty Ltd..
FacesWest
Cross streetCommercial Street and Pine Street
Annual tax$4,939

Aamir Yaqoob

Sales Representative · RE/MAX Realty Specialists Inc.

Have questions about this property?

With 14 years of full-time experience, Aamir knows that real estate is about far more than price — it is about finding the right fit, the right protection, and the right outcome. Whether you are a tenant, a landlord, or ready to buy or sell, Aamir represents your interests completely.

🏆 RE/MAX Hall of Fame Award
🏆 RE/MAX Executive Award
🏆 RE/MAX 100% Club Award
14 Years Full-TimeTenants & LandlordsBuyers & SellersMilton Specialist
gtahomequest@gmail.com

Data provided by TREB via Miltonly. MLS® W12958506. Information deemed reliable but not guaranteed. Updated daily.

$1,160,000

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