MILE & CREEK PHASE 2
MILE & CREEK PHASE 2
Estimated Completion: 2025 | Price Starting at: $500,000s
Introducing Mile & Creek Phase 2, an exciting new addition to the thriving city of Milton. Nestled near Louis St. Laurent Ave & Thompson Rd S, this remarkable Master-Planned Community by Mattamy Homes offers five residential buildings. Future residents of Mile & Creek will enjoy the serene beauty of untouched woodland right in their backyard, while still being conveniently located near a wide range of urban amenities.
These include various shopping plazas with popular retailers, grocery stores, essential services, Milton Mall, downtown Milton, the Milton GO Station, Milton District Hospital, schools, conservation areas, golf courses, and more. With prices starting from the $500s, Mile & Creek Phase 2 presents an excellent opportunity for homeownership.
Population Increase & Economic Outlook
Anticipate a significant population increase in Milton over the next 30 years, with the Halton Region aiming to grow the population to over 1.1 million people, an 85% increase from 2021. The region’s projected job growth of 500,000 positions further establishes Milton as a desirable place to live, work, and play. By 2031, an estimated 90,000 new housing units will be required in Halton, resulting in a shortage of over 35,000 homes. This high demand is expected to drive up real estate values and rental rates.
Milton benefits from excellent transportation links, with easy access to major highways in the Greater Toronto Area. Situated just one hour from the Canada-U.S. border, it is also conveniently located 30 minutes away from Waterloo, Toronto Pearson International Airport, and the downtown core of Toronto.
Milton places a strong emphasis on education, with over 400 acres of land dedicated to the Milton Education Village (MEV). This dynamic urban district combines cutting-edge educational and research facilities, knowledge-based employers, diverse housing options, and accessible transportation. The upcoming joint campus between Wilfrid Laurier University and Conestoga College, scheduled for completion in 2024, will further enhance the educational landscape. Milton is also recognized as having the 5th Most Educated Workforce in Ontario, ensuring a skilled labor pool and sustained job opportunities that contribute to the strength of the real estate market.
Mattamy Homes, a highly regarded developer, has been constructing homes across Canada and the United States since 1978. With a track record of helping over 8,000 families achieve homeownership each year, Mattamy Homes has been honored with the prestigious Homebuilder of the Year award by the Building Industry and Land Development Association an impressive eight times since 2001. Choosing Mattamy Homes ensures quality and reliability in your new home.
Developer: Mattamy Homes
Address: 750 & 720 Whitlock Ave, Milton
Nearest Intersection: Louis St. Laurent Ave & Thompson Rd S
Pricing: Starting From the $500s
Occupancy: Fall 2025
Storeys/Suites: 8-Storeys // Building 3 – 93 Suites // Building 4 -133 Suites
Suite Types: One Bedroom – Three Bedroom + Den Suites
Suite Sizes: 504 sq ft – 974 sq ft
Maintenance Fees: Approx. $0.64/sq ft per month for 662 sq ft and smaller // Approx. $0.59/sq ft per month for 663 sq ft and larger (Excludes Hydro and Water)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 2.5% in 120 Days // 2.5% in 240 Days // 5% on Occupancy
Incentives*: VIP Pricing & Floor Plans, First Access to the Best Availability, $0 Development Levies, Free Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, $0 Maintenance Fees For One Year (Value up to $7,900+), Right To Lease During Occupancy (Value $5,000), One Free Parking Included for All Suites (Value $30,000), Two Free Parking for Suites 887 sq ft and Larger (Value $60,000)
Suite Features: 9-12 ft Ceilings, Geo-Thermal Heating & Cooling, Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
The Clubhouse Amenity Pavillion: 3 Floors of Amenity Rich Space, Fitness Centre with Yoga Studio, State-of-the-Art Media Room, Co-Working Lounge, Concierge, Entertainment Area & Social Lounge, Expansive Rooftop Terrace overlooking Protected Green Space, Pet Spa and more