




1013 Lower Base Line
1044 - TR Rural Trafalgar, Milton
$2,750,000
An exceptional and rare opportunity to acquire 4.54 Acres situated on the north east corner of Trafalgar Rd & Lower Base Line, East, Milton. Positioned directly in path of GTA Expansion, just north of 407/ETR & a short distance from new proposed 413 Corridor and Major upcoming Residential Developments. This is where growth is heading towards. This property offers long term constraints with over 1000 feet frontage on Trafalgar Rd. This property is strategically positioned for future employment/light commercial or mixed use potential as urban boundaries expand and priced at a compelling price for land bankers, investors or owner-users looking to secure land ahead of infrastructure appreciation. This property features a 3 Bedroom Bungalow along with an existing outside Building Storage Shed. Seller will consider leasing back portion of land, terms to be negotiated.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,400 |
| Lot Size | 240.02 ft x 1003.5 ft |
| mls© Number | W14134408 |
| Listed By | ROYAL LEPAGE MAXIMUM REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $14,076
- Property tax
- $533
- Heat allowance
- $150
- Housing costs
- $14,759 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$454,000
gross annual household income
- Payment at 4%
- $11,572 / mo
- Cash down
- $550,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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