1201 Mowat Lane

Dempsey, Milton, L9T 5R2
FOR SALE
$1,149,000
1201 Mowat Lane, Milton
1201 Mowat Lane
1201 Mowat Lane
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3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
W9396725
MLSID
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Property Description
***INCOME GENERATING BASEMENT***Welcome to this beautifully renovated semi-detached home located in the highly sought-after Dempsey community in Milton. Meticulously updated and designed with modern living in mind, this 3-bedroom, 4-washroom home sits on the largest lot on the street, offering an abundance of indoor and outdoor space. The expansive backyard is perfect for entertaining, gardening, or creating your own outdoor retreat, making this home a rare find in a family-friendly neighborhood.As you step inside, youll be greeted by a bright and spacious open-concept layout on the main floor. The living room flows effortlessly into the dining area and kitchen, creating a seamless space for both family living and entertaining. The fully renovated kitchen features top-of-the-line stainless steel appliances, sleek quartz countertops, custom cabinetry, and a large island, perfect for casual meals and socializing.Upstairs, the home offers three generously sized bedrooms, each designed with comfort in mind. The primary bedroom is a luxurious retreat with a walk-in closet and a fully renovated ensuite bathroom, complete with a double vanity, a large soaking tub, and a separate glass-enclosed shower. The two additional bedrooms are spacious and bright, offering ample closet space and easy access to the updated shared bathroom. One of the standout features of this home is the fully finished basement apartment, complete with its own separate entrance. This self-contained unit includes a cozy living area, a kitchenette, a full washroom, and laundry facilities, making it ideal for generating rental income, hosting long-term guests, or accommodating extended family. The separate entrance ensures privacy and flexibility, adding significant value to the home.This stunning home is perfectly situated close to parks, steps away from top-rated schools, shopping centers, the Milton GO Station and just 2 minutes drive to 407! Dont miss your chance to own this exceptional property!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-06 2024-10-17 41 $1,179,000 - Terminated
2023-06-09 2023-06-23 14 $1,249,786 - Terminated
2022-01-06 2022-03-08 61 $2,799 - Terminated
2021-06-02 2021-06-08 6 $899,000 $988,200 Sold
Nearby Intersections
Property Features
Fenced Yard, Park, School
Property Details
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
18' x 132'
Lot Irregularities
Irregular
Fronting
South
Taxes
$3,800 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.32' x 16.01'Hardwood Floor, Pot Lights, Combined W/Dining
DiningMain9.51' x 12.66'Hardwood Floor, Cathedral Ceiling, Open Concept
FamilyMain8.99' x 18.01'Hardwood Floor, Open Concept, Pot Lights
KitchenMain7.84' x 8.01'Modern Kitchen, Ceramic Floor, Eat-In Kitchen
BreakfastMain7.84' x 8.33'Ceramic Floor, W/O To Yard, Family Size Kitchen
Prim Bdrm2nd14.93' x 16.93'Hardwood Floor, 4 Pc Bath, Double Closet
2nd Br2nd9.65' x 14.99'Hardwood Floor, W/I Closet
3rd Br2nd9.42' x 13.09'Hardwood Floor, Large Closet
RecBsmt16.08' x 32.74'Pot Lights, Laminate
BathroomBsmt4.99' x 14.83'Pot Lights, Ceramic Floor
LaundryBsmt5.81' x 4.72'Pot Lights, Ceramic Floor
Milton Market Statistics
Milton Price Trend
1201 Mowat Lane is a 3-bedroom 4-bathroom home listed for sale at $1,149,000, which is $100,087 (8.0%) lower than the average sold price of $1,249,087 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Milton increased by $85,381 (7.3%) compared to the previous 30 day period (September 27 - October 26) and up $279,442 (28.8%) from the same time one year ago.
Inventory Change
There were 77 3-bedroom homes listed in Milton over the last 30 days (October 27 - November 25), which is up 5.5% compared with the previous 30 day period (September 27 - October 26) and up 92.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Milton typically sold ($9,312) (0.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $47,763 increase compared to the previous 30 day period (September 27 - October 26) and ($3,662) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Milton over the last 30 days (October 27 - November 25) stood at 67.5%, up from 39.7% over the previous 30 days (September 27 - October 26) and up from 60.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Milton stood at 38 days when successfully sold over the last 30 days (October 27 - November 25), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Gold Estate Realty
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