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$7.50M · 3 bed Rural Residential · 1044 - TR Rural Trafalgar, Milton | MyPropertyScout

$7,500,000

5327 Eighth Line

82 DOM

3182d

Map

⚡ Insider Deal

DOM 82

↓ $2,250,000Price ReducedEstate Sale

$7,500,000

DOM82days

5327 Eighth Line

Milton · Ontario L0P 1E0

MLS® W12977800 · 1044 - TR Rural Trafalgar · L0P 1E0

31OwnerOccupied1500-2000 ft²Rural ResidentialNone82d$4,286/ft²Lot 297.3 x 2217.9 ft10-24.99 ac$2,046 tax/yr

82 days on market

About this home

Prime 15 Acre Parcel Ideally Located Between Milton And Mississauga Offering Exceptional Long-Term Potential. Currently Zoned A1, This Property Falls Within The Town Of Milton's Urban Area And Is Identified As Future Employment Area In The Town's Planning Documents (Schedule 2: Growth Phases And Planning Policy Areas). A Rare Opportunity For Investors, End Users, Or Land Bank Buyers Looking To Secure A Strategic Parcel In A Rapidly Expanding Corridor.The Property Features A Well-Maintained 1 Sto…

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Property details

MLS#: W12977800
Status: Buy Now
Beds: 3
Baths: 1 full, 0 half
Size: 1500-2000
Style: 1 Storey/Apt
Type: Rural Residential
Year built: —

Roof: Asphalt Shingle
Foundation: Slab, Concrete

Garage: None
Garage spaces: 0
Parking: 80 total
Lot: 297.33 × 2217.86
Heating: Baseboard
Heating fuel: Electric
Cooling: Wall Unit(s)
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Board & Batten
Fronting on: West
Cross street: Lower Base/Eighth Line
Basement: None
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Royal Lepage Real Estate Associates

Source: TRREB/PROPTX · MLS® W12977800

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$7.50M

5327 Eighth Line · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $7,500,000✓ $2,046 tax✓ Electric✓ 1500-2000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$50,287/mo

incl. closing costs (yr 1)

Annual total

$603,443

year 1

Mortgage only

$28,453/mo

principal + interest

Beyond mortgage

$6,878/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$1,500,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$171/mo

Utilities

Hydro / electricity$228/mo

≈ $0.13/ft² × ~1,750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$75,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$173,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)57% $341,432/yr

Property taxes29% $176,021/yr

Utilities1% $4,290/yr

Insurance & security0% $1,600/yr

Maintenance12% $75,000/yr

Closing costs1% $5,100/yr

Mortgage is 57% of your true cost of ownership. The other 43% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$341,432	$28,453/mo
Government & taxes
Property tax	$2,046	$171/mo
Land transfer tax(closing)	$173,975	$14,498/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$2,730	$228/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$75,000	$6,250/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$603,443	$50,287/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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5327 Eighth Line

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs