Murray Meadows Place

Murray Meadows Place is a quiet cul-de-sac in the Clarke neighbourhood of north Milton. The street sits east of Thompson Road South, just north of Derry Road. It is a short street, lined with townhomes on both sides, and ends in a loop. The area feels settled and family-oriented. Sidewalks run the full length of the street. Mature trees and well-kept front lawns give the street a tidy, suburban character. The Clarke neighbourhood itself is one of Milton's older residential pockets, with a mix of housing from the 1990s and early 2000s. Murray Meadows Place reflects that era in its scale and layout.

The street is composed entirely of townhomes. These are freehold units, typically three bedrooms and three bathrooms, with floor plans ranging from 1,100 to 2,000 square feet. The homes are arranged in blocks of four to six units, each with its own front entrance and a small private yard. Attached garages are standard. The architecture is consistent: brick and vinyl siding, pitched roofs, and front-facing windows. The builder is not attributed with high confidence, but the construction style points to the early 2000s development phase of the Clarke neighbourhood.

Most units share a similar footprint, though end units offer additional side windows and slightly larger lots. Interiors tend to feature open-concept main floors with hardwood or laminate, and carpeted upper levels. Kitchens are galley or L-shaped with standard cabinetry. Basements are unfinished in many cases, offering expansion potential. Condition is generally good; several homes have been updated with modern finishes. The street's uniform townhouse stock creates a cohesive streetscape, with subtle variations in exterior colour and landscaping.

Daily errands are easily managed from Murray Meadows Place. A Canadian Superstore is a four-minute drive west on Derry Road. Walmart and FreshCo are within five to six minutes. Milton District Hospital is six minutes by car, providing peace of mind for families. Several parks are within a short drive: Centennial Park and Rotary Park are each six minutes away, and Milton Community Park is a ten-minute walk. The latter offers sports fields, a playground, and walking trails.

Schools are close and well-regarded. Irma Coulson Public School and Tiger Jeet Singh Public School are both five minutes away by car. Milton District High School is also five minutes. For Catholic families, Bishop P.F. Reding Catholic Secondary School is four minutes away. The Milton Muslim Community Centre is six minutes by car. Highway 401 is accessible in about three minutes via James Snow Parkway, making commutes to Mississauga or Toronto straightforward. The Milton GO Station is a 14-minute drive, suitable for rail commuters.

Murray Meadows Place trades predominantly as townhouse inventory, with six sales across the available window. The typical price settled around $850,000, with recent comps spanning the mid-$800s to low-$900s. A three-bedroom townhouse rented around $3,100 per month in March 2026, while another three-bedroom unit leased for $2,800 in the same period, establishing rental pace in the low-to-mid-$2,900s range across three-bedroom stock. The lease-to-sale dynamic shows five rentals against six sales over the observation window, with gross yields approximating 4.0 to 4.2 percent when annualized rent is measured against comparable sale prices.

Price movement through the quarters reveals uneven direction. Q4 2024 saw the typical price near $950,000; this softened to $875,000 in Q1 2025, before firming to $875,000 by Q4 2025 and settling at $850,000 in Q2 2026. The overall arc suggests modest compression from the high point, though the variability across quarters indicates no dominant single-direction trend. Active listings currently stand at zero, creating a supply-constrained backdrop where the 72-day average days-on-market reflects deliberate pacing rather than inventory urgency. Townhouses on Murray Meadows trade within a tighter band than nearby detached streets: Wellwood Terrace detached homes move around $1.7M, and Apple Terrace mixed inventory averages around $1.6M, establishing clear segmentation by property type within the Clarke neighbourhood.

Across Clarke neighbourhood, comparable townhouse homes have moved at a similar price level to Murray Meadows Place. The neighbourhood typical for townhouses settled around $850,000 over the past year, with a sample of 191 sales providing robust context. Year-over-year, comparable townhouses in the neighbourhood softened approximately 4.9 percent, a modest decline that frames recent activity within a gradually easing market. Sold-to-ask ratio of 0.989 indicates buyers negotiating lightly below asking; the broad neighbourhood typically clears in around 89 days, slightly slower than Murray Meadows Place's own 72-day average, suggesting this street maintains marginally faster absorption relative to the Clarke townhouse cohort.

Murray Meadows Place sits in Milton's Clarke neighbourhood, a position that puts the 401 on-ramp at James Snow Parkway just three minutes away. The highway is the daily handle for commuters heading to Mississauga, a drive that runs around 22 minutes, or to Pearson in about half an hour. The Milton GO station is a 14-minute drive, making the rail commute to Toronto a realistic option for those who prefer the train over the highway. The street itself is quiet, a cul-de-sac that sees little through traffic, so the road network handles the load without the noise of a busier corridor.

Public elementary catchment draws to Irma Coulson Public School and Tiger Jeet Singh Public School, both within a five-minute drive; Catholic students attend Our Lady of Fatima Catholic Elementary School, also five minutes away. Secondary students in the public board attend Milton District High School, while Catholic students draw to Bishop P.F. Reding Catholic Secondary School, a four-minute drive. The cluster of schools within a short radius makes Murray Meadows Place a street where school drop-offs are straightforward, a practical consideration for families with children at multiple stages.

Murray Meadows Place tends to suit families and long-term renters who value a quiet cul-de-sac setting with easy highway access. The stock is entirely townhouses, typically three-bedroom units that trade around the mid-$800s, a price point that appeals to buyers seeking more space than a condo without the cost of a detached home. The rental market here is anchored by unfurnished units on 12-month leases, signalling a tenant base that treats the street as a home, not a temporary stop. Buyers accept a tighter lot and shared walls in exchange for a location that puts groceries, parks, and the 401 within minutes.

If a detached home with more square footage is the priority, Wellwood offers detached properties trading around $1.7M, a step up in both price and privacy. For buyers who want a mix of housing types and a slightly different feel, Apple presents a blend of townhouses and semis trading around $1.6M. Both streets sit in the same Clarke neighbourhood, so the commute and school catchment remain similar; the trade is in the home form and the price point. For those exploring comparable options, these two streets are worth a look.