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New1 day ago

621 Moorelands Crescent

1037 - TM Timberlea, Milton

$1,099,900

Detached|Backsplit 4
3 | 3 | 8
About this home

This is the kind of street where you can still borrow a cup of sugar from your neighbour, where familiar faces wave hello, and where the annual street party brings everyone together. Tucked beneath the mature trees of Timberlea, this is a street that feels welcoming, established and wonderfully connected. After more than 45 years of ownership, this meticulously cared for home is ready for its next chapter. Set on a beautiful 60x128 ft lot, this spacious 4-level backsplit offers plenty of room to settle in and make it your own. The upper-level features 3 bedrooms, including a primary bedroom with its own ensuite, along with a second full bathroom. On the lower level, a 4th bedroom with a third full bathroom nearby offers added flexibility for family, guests or a home office. A wood-burning fireplace adds warmth and character to the living space, while a sunroom addition provides a favourite spot to relax overlooking the backyard, where a professionally maintained chlorine pool is ready for summer days at home. No sidewalk means an extra-generous driveway with room for six large vehicles, plus two more in the double garage, a rare bonus for busy households. Pride of ownership is evident throughout, with important updates including the A/C (2023) and furnace (2020), along with the added benefit of no rental items. Schools, walking paths and bus routes are all close by, but what truly sets this location apart is the community right outside your front door. Come for the house, stay for the neighbours, this is the kind of street people hope to find and rarely want to leave.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
StyleBacksplit 4
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$6,246
Lot Size60.52 ft x 128.82 ft
mls© NumberW13760130
Listed ByROYAL LEPAGE MEADOWTOWNE REALTY

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,630
Property tax
$521
Heat allowance
$150
Housing costs
$6,300 / mo

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

Down payment20% · $219,980
25-yr amortization

Income needed

$194,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$219,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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