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Milton Multifamily Homes for Sale

Milton Multifamily Homes for Sale

Just west of downtown Toronto and close to the 401, you’ll find the scenic town of Milton.

The town’s location, at the edge of the Niagara escarpment, is an ideal place to live in or tour. It is home to scenic parks, museums, golf courses, conservation parks and campgrounds. The town has a library- the Milton Public Library, and both private and public elementary and secondary schools.

Milton’s population is fairly diverse with English as its common language. According to the 2011 census, there were 28,049 housing units with 27, 561 units being occupied.

Multifamily housing is a structure designed to house several different families in separate housing units. There are various types of multifamily homes such as duplexes, quadruplexes, condominiums, apartment buildings and townhouses. You can expect to find various multifamily homes for sale in Milton. If you are looking to purchase a home in Milton, here are a few things you may want to consider when choosing the perfect house.

Condominiums

According to the National Housing survey, 1 in 8 Canadian lives in a condo. The ownership of a condominium is separated by each unit. Buyers will only share communal spaces such as pools and exercise facilities. Most real estate investors are building condos which appeal to a specific group of potential buyers. These buyers have specific lifestyle characteristics such as career professionals or seniors.

Photo credit- thienzieyung.png 

Photo credit: thienzieyung

This type of housing is ideal for couples in a committed relationship with no plans of having children. According to the National Housing Survey, the majority of condo owners were non- family households.  It is also a perfect choice for home buyers who want financial stability and the benefits that come with home ownership.  With the legalization of same-sex marriage in Canada in 2005, the number of same-sex couples tripled between 2006 and 2011. Condominiums are ideal for same-sex married couples who have no plans of having children. There are various condos found in Milton, for example, the Ambassador Condominiums along Costigan Road. It is a new project that was completed in 2014 and boasts 150 units.

Apartments

Apartments are owned by a single individual with each separate unit rented out to tenants. This multifamily housing is the most common in many cities, because they are affordable. They are ideal for couples in a committed relationship with plans to have children in the future or a normal nuclear family with two children or more. This type of housing appeals to young adults who have just moved out from their parents’ home. This type of housing is also ideal for separated, divorced or widowed adults with one or more child.

Photo credit-Milestone Management.png  

Photo credit: Milestone Management

There are various apartments available in Milton for rent. You can look up on local listings to find the perfect apartment for your family. Real estate developers are building upscale apartments with luxurious amenities such as community pools, gyms, game rooms or gardens.

Most of these housing structures are located close to places of worship, grocery stores, public transit stations or office buildings.

A recent study showed that most people who live in apartments or condominiums were professionals, students or workers who lived close to their places of work.

Townhouse

A town house is a unit that resembles a detached home and is attached to a multi-unit complex.

The difference between an apartment and a town house is that a town house comprises multiple floors with each having its own outside door as opposed to having a single interior hallway access.

A townhouse could have many units vertically, normally two units each with a private entrance from the street. It could also be built side by side with two or more homes in a row, commonly referred to as ‘row-houses’.  Two groups of townhouses could be referred to as townhouses though in Canada and the U.S, it is known as a semi-detached or a half-duplex.

Photo credit- Roger Wollstadt.png

Photo credit: Roger Wollstadt

There are townhouses for sale in various parts of Milton such as Beechwood Lane, 222 Blue Hill Avenue, 55 Parkwood Drive and 32 Westvale Road. For more information, check Milton’s local listings.