Sold for:Sold Jul 14, 2025
$1,199,000

550 Lear Gate

Milton (Willmott), ON L9T 8K1

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 550 Lear Gate, Milton, Willmott

2025-06-27
2025-07-14
Sold
Price
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MLS#
w12250835
2025-06-06
2025-06-27
Terminated
Price
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2025-05-11
2025-05-25
Terminated
Price
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2025-03-25
2025-05-11
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 550 Lear Gate, Milton, Willmott

Stunning and fully upgraded 4+2 bed, 4 bath detached home in Milton's Willmott neighborhood with a legal 2-bedroom basement apartment (rented at $1850/month) with walk-up separate entrance-ideal for rental income or extended family living! Features include gleaming hardwood floors, 30+ interior pot lights, including exterior pot lights all around the house, 9-foot ceilings on the main floor, California shutters throughout, and stylish lighting. The main floor den is perfect for a home office, while the second-floor family room can serve as a 5th bedroom. The upgraded kitchen offers quartz counters, refaced cabinets, stainless steel appliances, and a walkout to a private backyard deck. Landscaped yard includes patterned concrete and a side stone walkway. The primary suite boasts a walk-in closet with Closet system and 4-pc ensuite. Located steps from top-rated schools, Milton Sports Centre, Sobeys Plaza, hospital, parks, splash pad, and more. Room for 5-car parking!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,452
Land Transfer Tax Fee
$20,455

Rental Items

Rental Equipment
Hot Water Tank

Basement Type
Walk-Up, Separate Entrance

Interior Features

Interior Extras
Accessory Apartment, Central Vacuum
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
36.15 ft
Lot Depth
88.73 ft

Inclusions

Inclusions
All Electrical Light Fixtures, Window Coverings & Appliances

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Built-In
Garage Spaces
2
Parking Spaces
3
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Tile Floor, Quartz Counter, Breakfast Bar
  • Den—
    Main level, Hardwood Floor, Window
  • Dining Room—
    Main level, Hardwood Floor, Window
  • Living Room—
    Main level, California Shutters, Hardwood Floor
  • Bedroom—
    Second level, Hardwood Floor, Quartz Counter, Ensuite Bath
  • Bedroom 2—
    Second level, Hardwood Floor
  • Bedroom 3—
    Second level, Hardwood Floor
  • Bedroom 4—
    Second level, Hardwood Floor
  • Family Room—
    Second level, Hardwood Floor, Window
  • Kitchen—
    Basement level, Laminate
  • Bedroom 5—
    Basement level, Laminate
  • Bedroom—
    Basement level, Laminate

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 3-piece, Basement

Municipality
Milton
Neighbourhood
Willmott
Main cross streets
Derry and Farmstead
Directions
Derry and Farmstead

MLS® number
W12250835
Data source
Toronto Regional Real Estate Board
Status change
2025-07-14
Listed on
2025-06-27
Days on market
17 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
SPECTRUM REALTY SERVICES INC.

Home Market Value

Current home valuation for 550 Lear Gate, Milton, Willmott, Milton, ON. Listed for $1,199,000

HOMEH Estimate

?

$1,065,360

Estimated Sales Range

?

$841,634 - $1,289,086

HOMEH Estimate for 550 Lear Gate, Milton, Willmott

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,065,360Medium confidence
Based on 14 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Milton, ON
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $699,000 over $500K

Minimum down payment

$94,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,123$33,452$28,536$0
=Total mortgage
$1,147,203$1,112,552$1,047,686$959,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,601monthly$5,432monthly$5,115monthly$4,683monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$20,455

Total Land Transfer Tax

$20,455

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38/100Car-Dependent
5/100Minimal Transit
30/100Somewhat Bikeable
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