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            For Sale 116 Days On Site

            7673 Old Tremaine Road

            near Tremaine Road & Steeles
            Price Changed -$55,000 (2019-10-08) $1,195,000 3+1bdr • 3ba • 1kit • 1500-2000sf
            Average Income
            n/a
            Population Age
            n/a
            School Score
            8.10/10
            Price Index Change 1y
            -0.61%
            Price Index Change 3y
            +17.30%
            Rent Index Change 1y
            n/a
            Rent Index Change 3y
            n/a

            Detached • Bungalow

            7673 Old Tremaine Road, Nelson, Milton
            • Rooms and Bathrooms 3+1 bedr, 3 bath
            • Kitchens 1
            • area 1500-2000
            • area 200.00x260.00
            • area .50-1.99
            • garage 2.0 Attached
            • exposure E
            • age 31-50
            • possession

              Immediate

            $1,195,000

            $5,560.00
            Tax yr: 2019

            32 Somewhat Bikeable

            8.10/10

            Property Location Details
            • Halton

            • Milton

            • Nelson

            • Tremaine Road & Steeles

            • L9T9H6

            • Pt Lt 15, Con 1 Trafalgar New Survey,

            Listing Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listing Brokerage

            ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

            Property Overview
            Opportunity Is Here!!!!! Custom Built 3+1 Bedroom Bungalow (Approx 1988) With Sep Entry Lower Level, + 32' X 40' Pole Barn/Workshop + 1.19 Acre Parcel Backing Farmed Land, All Located Within Couple Minutes To Downtown Milton, Brand New Sherwood Swimming Pool/Rink/Recreational/Library Complex, Ski Hills, Future Ramp To 401 Hwy, Approx 30 Minutes Airport! Note Old Tremaine Rd Has Been Closed Off Now So Very Quiet. Shingles 2003/ Windows 2004.
            Extras: Legal Cont'd : Part 1, 20R8256; S/T The Interest(S) In 83699; Milton/Trafalgar
            Rooms details
            Living
            • Main Level
            • Combined W/Dining
            • Size 6.30x4.04
            Bathroom
            • Main Level
            • 3 Pc Bath
            Bathroom
            • Main Level
            • 3 Pc Bath
            Bathroom
            • Main Level
            • 2 Pc Ensuite
            Basement
            • Full
            • Listing added to site: 2019-08-16 00:31:33
            • Last updated: 2019-11-19 00:33:32
            • Photos updated: 2019-11-18
            • Contract date: 2019-08-15
            • Input date: 2019-08-15
            • Expiry date: 2020-02-29
            • Closed date: 0000-00-00
            • Condition expiry date: 0000-00-00
            • Extension entry date: 0000-00-00
            • Sold date: 0000-00-00
            • Suspended date: 0000-00-00
            • Terminated date: 0000-00-00
            • Unavailable date: 0000-00-00
            • Condition:
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            Listing Overview

            General:

            7673 Old Tremaine Road is a freehold detached bungalow home, located in Nelson of city of Milton, Halton region, near Tremaine Road & Steeles, and has been available for sale on ITRealty since 2019-08-16. This bungalow home is fronting on East side of Old Tremaine Rd.

            Lot Size and Living Area:

            7673 Old Tremaine Road has 8+3 rooms in total, including 3+1 bedroms, 3 baths and 1 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and specified as .50-1.99. This home has approximately 1500-2000 square feet above the ground level plus full basement. This home was built appriximately 31-50 years ago.
            This home has 22 total parking spaces, including 2.0 space(s) in attached garage. Laundry is located on main level. The basement is full.

            Heating and Cooling:

            This home heat source is Electric, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:


            AIDA has also identified the following features: Swimming Pool, Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            7673 Old Tremaine Road detached is listed for $1,195,000. Home property tax for year 2019 was $5,560.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $4,484, and total expenses, including the mortgage and property tax, approximately $4,947, assuming $1,195,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 7673 Old Tremaine Road, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $12,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Nelson, where 7673 Old Tremaine Road is located, has $1,185,147 Home Price Index.
            Average Home Price Index among 11 evaluated neighborhoods in city of Milton is $766,194, and average Home Rent Index $2,298.

            Similar Properties & Community Details:

            Here are similar to 7673 Old Tremaine Road 3 bedr detached homes listed For Sale and For Rent in city of Milton.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 7673 Old Tremaine Road.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Nelson neighborhood in city of Milton.

            Schools:

            There are at least 3 school(s) located near 7673 Old Tremaine Road, or schools, which boundaries this address belongs to with an average School Score 7.20 out of 10. Here are more details about these schools:
            1. W.I. Dick Middle School, Public, Intermediate, ranked as Excellent.
            2. Milton District High School, Public, Secondary, ranked as Excellent.
            3. Martin Street Public School, Public, Elementary, ranked as Excellent.
            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Bikescore:

            With Bikescore of 32, location of 7673 Old Tremaine Road overall can be described as Somewhat Bikeable.

            7673 Old Tremaine Road Listings History Powered By AIDA
            Nassagaweya, Milton Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Milton Homes MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (25 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 1 to 2 properties like that to be sold in Nelson during the next 30 days.
            Seasonal sales fluctuation is showing -33% inventory decline comparing to the average annual number, which is equvalent to 1.5 properties sold per month, and -33% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 116 days, which is 283% longer than it takes a similar home in Nelson to sell, which is more than as twice as long as it takes a similar home in Nelson to sell.
            Please note that asking price was reduced 63 days ago by -$55,000, but still did not trigger the sale yet.
            Seasonal sales fluctuation is showing -11% D.O.M. decrease comparing to the average annual number, which is equvalent to 33 D.O.M., and -21% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 4.95% below its asking price in Nelson.
            The selling to asking price ratio is declining in Nelson.
            Considering the fact that this property has already been on the market for 116 days, which is -283% longer than average number of days it takes a home to sell in Nelson (30.3), but taking into account recent price drop by -$55,000, this home may get sold at or near it's new price.
            7673 Old Tremaine Road Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Nassagaweya, Milton, to the City of Milton for the projects listed on our site.

            Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

            Price Index 1y

            Price Index change was -0.61% comparig to the City of Milton average of +11.93%

            Price Index 3y

            Price Index change was +17.30% comparig to the City of Milton average of +15.39%

            Rent Index 1y

            No sufficient data available

            Rent Index 3y

            Rent Index change was +17.30% comparig to the City of Milton average of +15.39%

            Walkscore

            No sufficient data available

            Transitscore

            No sufficient data available

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 7.20 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
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            Mortgage & Financing Details

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            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

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            Mortgage & Payments Summary

            Schools and Ratings

            ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

            Demographics & Housing Statistics

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