22 days on Market

5500 Steeles Ave, Milton, Ontario L9T 2Y1

$7,499,000
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Detached
5
7
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$750/sqft

Est. Mortgage$32,205/mo

Tax Amount (2024)$12,150/yr

Days On Market22 days


Description

Set against the backdrop of a stunning escarpment estate, this magnificent terrace home embodies the essence of modern opulence across a lush 13.5-acre vista. Experience the pinnacle of architectural excellence in a dwelling that seamlessly integrates avant-garde design with the serene embrace of nature. Enter a realm of sophistication within this 6,085 square foot sanctuary, featuring exquisite finishes and an sprawling open-concept layout accentuated by soaring 24-foot ceilings and floor to ceiling glass walls that invite an abundance of natural light to highlight every luxurious detail. The gourmet kitchen is a culinary masterpiece, equipped with top-of-the-line appliances and a chic central island, ideal for hosting unforgettable gatherings that will captivate your guests. This residence offers five lavish bedrooms and seven indulgent bathrooms, including a tranquil primary suite on the main level, complete with a spa-inspired ensuite for unparalleled relaxation. A separate suite provides additional accommodation, perfect for a nanny, in-laws, or teenagers desiring their own retreat. The rambling grounds celebrate the beauty of nature, featuring a newly constructed concrete pool and picturesque pathways that meander through enchanting woodlands, complete with a charming soothing stream. With generous parking for many vehicles, this home serves as a private haven for those who appreciate both seclusion and grandeur. The exterior boasts exceptional insulation for energy efficiency, while ten walkouts lead to Malibu-style decks, adorned with a unusual green roof edge and elegant glass balusters, capturing breathtaking views of Southern Ontario. 2.5-acre field adjacent to the residence presents the perfect opportunity for an equestrian addition. This property transcends mere real estate; it is a declaration of an extraordinary lifestyle. Welcome to a home where each day unfolds like an exclusive retreat


Property Details

Style2-Storey
View-
Age of property6-15
SqFt~5000+ SqFt
Lot Size851,577 Ac(1451 x 586.89)
Parking Spaces22
MLS ®NumberW9398755
Community NameNelson
Data SourceTRREB

Features

Heating: Heat Pump
Cooling: Central Air
Fireplace
Basement: Crawl Space

Main Floor

Mudroom

5.36 x 2.06

Family

3.61 x 3.05

Prim Bdrm

6.76 x 5.44

Living

11.46 x 5.18


Features

Lot size: 851,577 Ac
Pool: Inground

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 20

Total parking spaces 22


Property History

Now
ListedFor Salefor$7,499,000Active
22 days on market
Listing by trreb®
history photo preview39
Oct 16, 2024
ListedFor Salefor$7,899,000Terminated
Stayed 45 days on market
Listing by trreb®
history photo preview34
Oct 16, 2024
ListedFor Salefor$7,899,000Terminated
Stayed 46 days on market
Listing by itso®
history photo preview50
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Property listed by KELLER WILLIAMS EDGE REALTY, Brokerage

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Market DataFor the past 30 days in Nelson

Median Selling Price

$1,723,000

37.52% more than GTA:

$1,252,500

Median Bidding

Underbidding - Trending to buyer market

-$105,000

GTA median: -$29,000

Median Number of Sales

24 sales

2870 sales less than GTA:

2894 sales

Median Number of Days on Market

52 days

32 days more than GTA:

20 days

Want more insights?Visit the Market Pulse


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