$1,395,000

For sale

48 Rayburn Meadows Road, East Garafraxa - Single Family for Sale

48 Rayburn Meadows Road, East Garafraxa, Ontario, L9W7E7

3 beds4 baths14 parking2,250 ft²174 × 282 ft (1.12 acres) lot sizeListed 40 days ago

Overview

This 3-bedroom, 4-bathroom home in East Garafraxa is for sale offering roughly 2,250 sq ft of space. Listed at $1,395,000, it is attractively priced about 17% below the $1,675,000 median asking price in East Garafraxa. It has been on the market 40 days, fresher than the East Garafraxa average of 131 days.

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Description

Beautifully Renovated Bungalow on a Premium Corner Lot in a Sought-after Estate Subdivision, Gorgeous Curb Appeal and Plenty of Parking. Bright Open-Concept Layout with Engineered Hardwood Floors, Pot lights, and a Stunning Kitchen with Stainless Steel Appliances, Stone Counters, and a Large Centre Island-ideal for Entertaining and Meal Prep.Offers 3 spacious bedrooms, 2 fireplaces, Picture Windows, Multiple Views,. Primary Bedroom Features a Walk-in Closet and a Renovated 5-piece Ensuite with Soaker Tub, Walk-in Shower, and Dual Sinks.Fully Finished basement with above-grade windows and a newer bathroom offers excellent in-law suite potential. Multiple entrances including garage access and side entry to mudroom/laundry.Enjoy private outdoor living with Decks, Pergola, and Mature Surroundings. Conveniently located near Orangeville, Amaranth, and Hwy 109. (id:66096)

Property Details

MLS®: X13830606
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 14
Interior Size: 2,250 ft²
Lot Size: 174 × 282 ft (1.12 acres)
Frontage: 174 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Main level

Living room: 4.11 x 3.51 meters
Dining room: 5.23 x 2.95 meters
Kitchen: 5.52 x 4.31 meters
Family room: 5.18 x 5.06 meters
Primary Bedroom: 5.06 x 3.87 meters
Bedroom 2: 3.94 x 3.63 meters
Bedroom 3: 3.54 x 3.33 meters

Lower level

Cold room: 5.72 x 2.52 meters
Recreational, Games room: 17.93 x 14.03 meters
Great room: 7 x 3.42 meters

Features

Appliances: Washer, Refrigerator, Water purifier, Water softener, Central Vacuum, Dishwasher, Stove, Dryer, Water Treatment, Garage door opener, Garage door opener remote(s), Water Heater
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Irregular lot size, Carpet Free

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

East Garafraxa listings, avg age

131d

Price / ft²

$620

List price

$1.40M

Haho

This 3-bed single family in East Garafraxa has been listed for 40 days, which is 91 days fresher than the city average of 131. Act while there is still low competition.

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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE · SILVANA TABANI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9W)

This home lists at $1,395,000, about 12.7× the local median household income of $110,000.

Carrying it typically needs a household income of about $272,492 (20% down, 25-yr amortization, stress-tested) — roughly 148% above the area median.

Median household income: $110,000
Population: 48,790
Median age: 40.4
Owner / renter: 81% / 19%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9W)

$1,395,000· $620/ft²

For sale

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Full Cost Breakdown

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Down Payment8.21% · $114,500

Min 8.21%50%

Mortgage payment$7,099/mo

↳ CMHC premium ($51,220 capitalized)

Property tax (est.)$724/mo

Total monthly$7,823

Cash Needed to Close

Down payment (8.21%)$114,500

Land transfer tax$24,375

Est. closing costs$6,685

Total cash needed$145,560

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