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Listed 12 days ago

83 Milne Drive

, Waterloo

$1,699,000

Detached|2-Storey
5 | 5 | 6
About this home

Welcome to 83 Milne Drive in Wilmot. This spacious five bedroom, five bathroom, detached home with three car garage sits on a large pie shaped lot offering privacy and room to grow. Over 4,150 sq. ft of thoughtfully designed space flows naturally and bright throughout. The main floor is open and airy with open to above ceiling creating an expansive feel. The large gourmet kitchen anchors three distinctive spaces: living, dining, and great room with fireplace, all connecting seamlessly. A versatile bedroom on the main floor offers flexibility, perfect as an office, guest room, or bedroom. Upstairs, four generously sized bedrooms with ample closets and three full bathrooms keep the home organized and functional. The primary bedroom features a five piece ensuite and large walk in closet, a true private retreat. The beautifully finished basement extends the living space with a versatile bedroom ideal for a gym, study, or guest room, and a large recreation room with fireplace and bar perfect for family time and entertaining. The three car garage provides generous parking and storage, practical for families with multiple vehicles and equipment. This home sits within a small community of estate homes with great neighbours. The large pie shaped lot offers privacy and outdoor space where an in ground pool is surrounded by seclusion. No houses directly behind provides true backyard privacy. This is the kind of outdoor space where summer weekends happen naturally, where children have room to play and where one can truly relax. Minutes to Highway 7/8 and 401 for commuting ease, close to top rated schools, shopping, and parks. A home that balances peaceful surroundings with convenient access - far enough from the rush, close enough to everything that matters.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age16-30
Size3500-5000 sq. ft.
Property Tax$12,560
Lot Size80 ft x 183 ft
mls© NumberX13765238
Listed ByRE/MAX COMMUNITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,696
Property tax
$1,047
Heat allowance
$150
Housing costs
$9,893 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $339,800
25-yr amortization

Income needed

$304,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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