Hobbs Crescent

Hobbs Crescent is a short, quiet loop in Milton's Clarke neighbourhood. It sits west of Ontario Street, just north of Derry Road, in a pocket of townhouses built in the late 2010s. The crescent's gentle curve and single entry point give it a private, cul-de-sac feel. Mature trees line the street, and sidewalks connect to nearby parks and schools. The area is predominantly residential, with a mix of young families and professionals. Hobbs Crescent offers a suburban rhythm within easy reach of Milton's amenities.

Hobbs Crescent is lined entirely with townhouses, all built around 2018. The homes are freehold, with three or four bedrooms and three bathrooms. Floor plans range from roughly 1,100 to 2,000 square feet. Brick and stone facades alternate along the street, with attached garages and private driveways. The builder is not attributed with high confidence, but the consistent rooflines and window treatments suggest a single developer. Townhomes here typically trade in the mid-$800s to high-$900s.

The units share a cohesive aesthetic: neutral exteriors, two-storey layouts, and rear yards that back onto green space or neighbouring streets. Some end units offer additional windows and slightly larger lots. Interiors feature open-concept main floors with hardwood and tile, while upstairs bedrooms are carpeted. The street's uniform age means few condition surprises. Most homes have been lightly updated by their owners, with newer appliances or refreshed paint. Hobbs Crescent feels settled but not dated.

Hobbs Crescent is a five-minute drive from Milton District Hospital and several grocery stores, including Canadian Superstore and Walmart. Milton Community Park is a ten-minute walk away, with sports fields and a playground. Three public schools and two Catholic schools are within a five-minute drive, making the street popular with families. The Milton Muslim Community Centre is a six-minute drive. Highway 401 is three minutes from the on-ramp at James Snow Parkway, connecting to Mississauga in about 20 minutes and downtown Toronto in roughly 75 minutes via GO Transit.

For daily errands, the Derry Road corridor offers banks, pharmacies, and fast-casual dining. The Milton GO Station is a 14-minute drive, but the nearby bus routes provide an alternative. The street's location balances suburban quiet with practical access to shopping and transit. Parks like Centennial and Rotary are a short drive away for weekend recreation.

Hobbs Crescent trades predominantly in townhouse inventory, with a typical price around $850,000. The market has traced an uneven arc across recent quarters: Q3 2024 opened near $975,000, softened through Q3 2025 to $925,000, then compressed further by Q4 2025 to $850,000 before stabilizing in Q2 2026 near $850,000. A three-bedroom townhouse rented around $3,100 per month in June 2026, reflecting the lease activity concentrated among three-bedroom units at typical rents near $3,100. Across the recent lease window, five rental tenancies anchored the street against six sales, yielding a lease-to-sale ratio of approximately 0.83:1 and gross yields in the mid-4.4% range when comparing the typical three-bedroom lease rate to comparable purchase prices.

Days on market average around 75 days, a pace consistent with deliberate buyer consideration rather than rapid absorption. The street currently carries zero active listings, a condition that reflects recent trading density but signals limited immediate availability. Townhouse units dominate the street composition, commanding the bulk of transaction volume and typically trading in the mid-$880s range. Micro-location and unit size within the townhouse type show modest price separation; three-bedroom units with larger square footage occupy the upper end of the range while smaller configurations settle lower. The lease rental pattern aligns closely with the sales profile, suggesting the street attracts both owner-occupiers and rental investors at consistent value levels across the recent trading window.

Hobbs Crescent sits in the Clarke neighbourhood, a position that puts the 401 onramp at James Snow Parkway roughly three minutes away. That proximity makes Mississauga a twenty-minute drive and Pearson just over half an hour. The Milton GO station is farther, a fourteen-minute drive, so the realistic Toronto commute involves a short drive to the station and then a train into Union, totalling about seventy-four minutes. For those working in Oakville or Burlington, the drive runs around twenty to twenty-four minutes via the 401 and QEW. The street itself is a quiet crescent, so the road network handles the load without through-traffic noise.

Public elementary catchment draws to Irma Coulson Public School or Tiger Jeet Singh Public School, both a five-minute drive from Hobbs Crescent. Catholic elementary students attend Our Lady of Fatima Catholic Elementary School, also five minutes away. For secondary, public students go to Milton District High School, a five-minute drive, while Catholic students attend Bishop P.F. Reding Catholic Secondary School, just four minutes away. The cluster of schools within a short radius makes this a convenient stretch for families with children at different stages.

Hobbs Crescent suits buyers who want a townhouse in a quiet crescent with quick highway access. The stock is entirely townhouses, which tend to attract first-time buyers, young families, and those looking to downsize from a larger detached home. The tradeoff is space and privacy for convenience and lower maintenance. The rental market here is predominantly unfurnished and anchored to twelve-month leases, signalling long-term tenants rather than transient demand. Families will appreciate the proximity to multiple schools within a five-minute drive, while commuters benefit from the 401 being three minutes away.

If a detached home with more square footage is the priority, Apple Terrace and Wettlaufer Terrace are worth considering. Both streets offer detached homes trading around $1.6M and $1.55M respectively, a step up in price and space from Hobbs Crescent's townhouses. For those who want a quieter street with larger lots but still in the Clarke area, these alternatives provide a different tradeoff. If budget is the primary constraint, staying with townhouses on Hobbs Crescent itself keeps entry points lower.