Many Milton renters dream of taking the money they spend on rent and using it for mortgage payments. But there’s a lot more to buying Milton Real Estate and owning a home than just paying the mortgage. Potential Home buyers need to keep in mind that there are real estate and legal fees, home inspection and moving costs, property taxes, utilities and interest rates.
One of the best ways to determine if you can realistically afford to buy a Milton home is to sit down and do the math.
Instead of using a hand-held calculator or a pencil and paper, you can check out the new online Rent or Buy calculator at www.ic.gc.ca/oca/rentorbuy. It’s free and it gives you an instant snapshot of your potential as a home buyer.
Developed by Industry Canada, the calculator simply asks you to enter your current financial information (such as any savings you might have, the cost of your rent and utilities, the interest rate you might get on a mortgage) and the calculator does the rest for you. It shows you the maximum house price you can afford, the down payment needed, your closing costs, and how much money you’ll need to cover all your monthly expenses, including mortgage payments, property taxes and utilities.
The web page also has links to other Government of Canada tips and resources on buying or renting a home and mortgages.

Katherine Barnett has just sold this beautiful home located at 804 Somerville Terrace in Milton. This home is located on a Premium Lot backing on to a Ravine on a quiet High Demand Crescent. This Mattamy Westmoreland offers 3715 square feet of living space. It has gleaming hardwood floors in the Living, Dining and Family Rooms as well as in the Main Floor Office. The Kitchen has large Pantry, Centre Island, Granite Counters, Backsplash and built in Microwave and Dishwasher. There is a Walk-out to a Balcony that overlooks the Ravine in the Kitchen. Upstairs in this gorgeous home there are Five Bedrooms all with Ensuite Baths. The Master Bedroom has Hardwood Floors, His and Hers Walk-In Closets and a Five Piece Ensuite Bathroom. This home has a walk out Basement with a Roughed in Three Piece Bath. If you are interested in selling your Home Contact Katherine Barnett today! 905-858-3434 sales@katherinebarnett.com

Gorgeous Mattamy Tothburg in Hawthorne Village on a quiet, family oriented crescent. This home has been done from top to bottom. 9Ft Smooth Ceilings and Pot lights throughout this 4 Bedroom 3.5 bathroom home. Custom Aya Kitchen with solid Granite Counters and Backsplash, Under Counter Lighting, Built-in Stainless Steel Top of the Line Appliances. The Living Room, Dining Room and Family Room all feature Brazilian Cherry Jatoba Hardwood Floors. The Staircases have been upgraded to Open Wooden Stairs allowing you to see from the Second Floor all the way down to the partially finished Basement. The Family Room is off the Kitchen and Features a Beautiful Gas Fireplace. The Master Suite of the home is Spacious and includes His and Hers Walk-in Closets and a 5 Piece Ensuite with Separate Vanities, Large Soaker Tub and Spacious Shower Stall. There is an Ensuite Bathroom off the Second Bedroom and Jack and Jill Ensuite Bathroom for the 3rd and 4th Bedrooms. There is also an Office on the Second Floor. Offered at $739,000 This Home Should Not Be Missed! Contact Katherine Barnett today to view this property. sales@katherinebarnett.com 905-858-3434