Laking Terrace runs through the Clarke neighbourhood in north Milton, a short drive from the 401.
Laking Terrace runs through the Clarke neighbourhood in north Milton, a short drive from the 401. It is a quiet, residential terrace lined with townhomes, set back from the main arteries. The street sits within a mature pocket of the community, close to schools and parks. Its layout is straightforward, with homes on both sides and a consistent streetscape. This is a street that feels settled, not transitional. The surrounding area has a suburban rhythm, with amenities within a few minutes by car.
Laking Terrace is composed entirely of townhomes. The stock is uniform in type but varied in size, with units ranging from roughly 1,100 to 2,000 square feet. Most homes have three bedrooms and three bathrooms, though two- and four-bedroom layouts appear as well. The architecture is typical of early 2000s construction: brick and vinyl exteriors, attached garages, and private driveways. The street is built out, with no vacant lots or new construction.
The homes share a consistent roofline and setback, giving the street a cohesive look. Some units have been updated with modern kitchens or finished basements, while others retain original finishes. Condition varies by owner tenure. Floor plans tend to be open-concept on the main level, with bedrooms upstairs. The street feels orderly and well-maintained, with mature landscaping in many front yards.
Laking Terrace is within a five-minute drive of several grocery options, including Canadian Superstore and Walmart. Milton District Hospital is six minutes away by car. Several parks are close, though none are within easy walking distance. Centennial Park and Rotary Park are each about six minutes by car. Milton Community Park is a ten-minute walk, the only park within comfortable walking range.
Schools are nearby: Irma Coulson Public School and Tiger Jeet Singh Public School are both five minutes away on foot. Milton District High School is also a five-minute walk. For Catholic families, Bishop P.F. Reding Catholic Secondary School is four minutes by car. The Milton GO Station is a 14-minute drive, and Highway 401 is three minutes from the on-ramp at James Snow Parkway. The street is well positioned for commuters heading to Toronto or Mississauga.
Laking Terrace trades exclusively as townhouses, a homogeneous market that simplifies comparison and buyer targeting. The typical price across the street sits around $853,625, with eight sales recorded over the measurement window. Days on market average around 81, pointing to a measured pace typical of townhouse segments where buyer pools are distinct and inventory cycles deliberately. A four-bedroom townhouse rented around $2,850 per month in August 2026, while a three-bedroom unit leased around $2,900 per month in December 2025. The lease-to-sale ratio favors rental activity, with 11 leases against 8 sales; three-bedroom units cluster between $2,875 and $2,950 monthly against their typical purchase price of $853,625, implying gross yields near 4.0 to 4.1 percent. This rental demand anchors the street as a discrete investment opportunity, with landlord activity consistent across the recent period.
Quarterly pricing reveals an uneven pattern. The typical sale began around $882,000 in Q3 2024, firmed to around $963,000 in Q4 2024, then softened to around $942,500 in Q1 2025. From Q1 2025 through Q3 2025, prices declined to around $866,000, settling near $870,500 in Q4 2025 before drifting lower to around $855,000 in Q3 2026. This multi-quarter retreat from the late-2024 peak reflects broader townhouse pressure in the Clarke neighbourhood, where comparable units have also softened. Current active inventory stands at one listing, suggesting supply tightness relative to the historical transaction pace. The narrow recent selection points to patient buyer positioning rather than urgent seller motivation, a dynamic common in streets where rental yields remain stable across pricing cycles.
Across Clarke, comparable townhouses have sold at levels closely aligned with Laking Terrace. The typical sold price for neighbourhood townhouses sits around $845,500, with 172 sales recorded over the recent twelve-month window providing a substantial sample for comparison. Year-over-year, neighbourhood prices have softened modestly, declining approximately 5.9 percent from the prior period, a contraction that mirrors the street-level pullback observed from late 2024 into 2026. Sold-to-ask across the neighbourhood sits at 0.988, indicating that buyers are negotiating minimally; most transactions close at or very near listing price. Days on market in the neighbourhood run around 84, virtually matching Laking Terrace's own 81-day average, a signal that local townhouse demand and absorption pace are stable across this segment.
Laking Terrace sits in the Clarke neighbourhood, a position that puts the 401 on-ramp at James Snow Parkway within a three-minute drive. For Toronto commuters, the Milton GO station is a 14-minute drive; the full trip to Union Station runs about 74 minutes. Mississauga is a 22-minute drive, Oakville 24, and Burlington 20. The highway access makes the street practical for those who work across the western GTA, while the terrace itself remains quiet enough that through-traffic is minimal.
Public elementary catchment draws to Irma Coulson Public School or Tiger Jeet Singh Public School, both a five-minute drive from Laking Terrace. 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, while Catholic students attend Bishop P.F. Reding Catholic Secondary School, a four-minute drive. The cluster of schools within a short radius makes the street practical for families with children at different stages.
Laking Terrace suits buyers who want a townhouse in a quiet pocket of Clarke with strong highway access. The stock is entirely townhouses, which keeps entry prices lower than the detached homes on nearby streets. Families with school-aged children benefit from the range of elementary and secondary options within a five-minute drive. The rental market here is active and leans toward unfurnished, long-term tenants, which suggests a stable neighbourhood feel. Buyers who accept a terrace layout in exchange for proximity to the 401 and a walkable park will find the street fits.
If you're considering alternatives in similar pockets, Wettlaufer Terrace trades around $1.8M for detached homes, a different price tier that reflects larger lots and more square footage. Apple Terrace, with mixed properties around $1.6M, offers a broader range of housing types. Both are within the same neighbourhood, so the commute and school catchments are similar. The choice comes down to whether a townhouse on Laking Terrace meets your space needs or whether a detached home on one of these other streets is worth the higher price.
Townhouse inventory on Laking Terrace has seen 7 closed sales recently. Details below.
Sale activity on Laking Terrace in the recent period. Stats reflect closed transactions only.
Rental activity on Laking Terrace across recent months. Breakdown by bed count below.
| Date | Address | Beds | Sold | vs Ask | DOM | Listing brokerage |
|---|---|---|---|---|---|---|
| Loading sold records… | ||||||
A thoughtful conversation grounded in every sale we have tracked on Laking Terrace.
Request a valuation →