5327 Eighth Line
5327 Eighth Line
$5,999,000
3 days on market
About This Listing
Prime 15 Acre Parcel Ideally Located Between Milton And Mississauga Offering Exceptional Long-Term Potential. Currently Zoned A1, This Property Falls Within The Town Of Milton's Urban Area And Is Identified As Future Employment Area In The Town's Planning Documents (Schedule 2: Growth Phases And Planning Policy Areas). A Rare Opportunity For Investors, End Users, Or Land Bank Buyers Looking To Secure A Strategic Parcel In A Rapidly Expanding Corridor.The Property Features A Well-Maintained 1 Storey Bungalow Built On A Slab Foundation, Offering Over 1,900 Sq Ft Of Living Space With 3 Bedrooms And A Functional Layout. A Greenhouse Is Also Located On The Property, Providing Added Utility For Agricultural Use Or Hobby Farming.The Land Is Generally Flat And Open, Providing Flexible Outdoor Space For Uses Permitted Under Current Zoning While Offering Long-Term Potential.Conveniently Located With Easy Access To Major Highways, Surrounding Employment Lands, And Ongoing Development In The Area.
| Monthly Mortgage (P&I) | $26,137 |
| Property Tax (MLS) | $171 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $26,308 |
Down payment: $1,199,800 (20.0%) · Mortgage: $4,799,200
Property tax uses MLS annual tax of $2,046/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Royal LePage Real Estate Associates
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Data last updated: August 23, 2026 at 10:26 a.m.