49 James Street, Milton, ON

$2,000,000
MLS#:W12065820
5 beds
4 baths
2500-3000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1035 - OM Old Milton. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $2,000,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 77.03 x 250.16 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this meticulously restored residence that blends historical charm with modern convenience. Located in the perfect spot in Downtown Milton steps from everything you could imagine - tennis courts, outdoor pool, park, trails, shops, restaurants and so much more! This home is beautifully revitalized, originally owned by Samuel Dice and built in the late 1890s (registered in 1908). Highlights include a restored floor-to-ceiling bay window in the Great Room, original pine flooring in the family room, and a restored front door with beveled glass.Key Features: Roof : Main house roof replaced in 2015; Butler's Suite and garage roofs in 2013.Furnace, AC, tankless water heater installed in 2018, with a smart thermostat. WETT-certified Renaissance Rumford wood-burning fireplace (2017) and a gas fireplace in the family room. 6-over-6 windows at the back, 2-over-2 windows at the front showcasing larger panes as a historical symbol of wealth. 10-foot ceilings in the Great Room, kitchen, and foyer; 8-foot ceilings in the rest of the house, with coving throughout and coffered ceilings with recessed lighting in the Great Room. Kitchen with double wall oven, island cooktop, quartz counters, hood, prep sink, farmhouse sink, and breakfast bar. 3 baths, with underfloor heating in the main family bath and master ensuite, which also has a walk-in shower and slipper tub. Primary suite His-and-hers closets, including one walk-in. Double lot with a deeded right-of-way to Mill Street. Survey Completed in 2012. Single-car garage and driveway parking for five cars. Recent Updates: New kitchen, landscaping, and 200-amp electrical service (2023); upgraded plumbing and sewer pipes (2018, 2023). This home seamlessly combines historical features with modern amenities, including AC, endless hot water, and a newly renovated kitchen. Don't miss the opportunity to own a piece of Miltons history with all the comforts of contemporary living!

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Property Summary

This detached home located at 49 James Street, Milton is currently for sale and has been available on SousaSells for 462 days. This property is listed at $2,000,000 with an estimated mortgage of $6,657* per month. It has 5 beds, 4 bathrooms, and is 2500-3000 square feet. 49 James Street, Milton is in the 1035 - OM Old Milton neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusTerminated
Listed Date4/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionWood
BasementFull, Unfinished
Lot Size77.03 × 250.16 Feet
CountyHalton
Annual Tax$7,995
Legal DescriptionPT PPK 12, PL 17 , AKA JOHN MARTIN'S SURVEY ; PTS 1 TO 3, 20R2650, T/WN 156491 AND NOW SHOWN AS PT 4, 20R2650. TOWN OF MILTON

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake/Pond, Park, Ravine, Rec./Commun.Centre, School

Interior Features

None

Security Features

Community Features

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Location

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49 James Street, Milton, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 49 James Street, Milton, ON L9T 2P5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Milton.

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Interest Rate4.00%
Down Payment$600,000 (30.0%)
* Minimum Canadian down payment required for this price is $400,000.
Amortization Period30 Years
Estimated Monthly Payment$6,657Based on a loan of $1,400,000 over 30 years.
Purchase Price$2,000,000
Loan Amount$1,400,000
Provincial Land Transfer Tax:$36,475
Total Estimated Closing Taxes:$36,475

About Purchasing a Home in Milton, ON

For a property listed at $2,000,000 in Milton, the legal minimum down payment is $400,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $36,475 for this transaction. As this listing is in Milton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,475.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Milton.

Verified Local Data
City Population132,979
City Median Age36.4 Yrs
City Ownership83% Owners
Avg Area List Price$1,146,450

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
54%
Couples without children
24%
Other households
4%

Top Ethnic Origins

English18%
Canadian15%
Indian14%
Pakistani12%

Local Schools Guide

Elementary Schools

Our Lady of Victory
Public540 Commercial Street, Milton, Ontario, L9T 4Z3
6.2
Sam Sherratt
Public649 Laurier Avenue, Milton, Ontario, L9T 4N4
6.1
Tiger Jeet Singh
Public650 Yates Drive, Milton, Ontario, L9T 7P6
6.8
Anne J. MacArthur
Public820 Farmstead Drive, Milton, Ontario, L9T 8J6
6.7
St. Benedict
Catholic80 McLaughlin Avenue, Milton, Ontario, L9T 8N2
7.5

Secondary Schools

Milton
Public396 Williams Avenue, Milton, Ontario, L9T 2G4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied83%
Rented17%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.