$699,000

For sale

11114 Springwater Road, Malahide - Single Family for Sale

11114 Springwater Road, Malahide, Ontario, N5H2R6

3 beds2 baths7 parking900 ft²174 × 170 ft (29,477 sq ft) lot sizeListed 54 days ago

Overview

This 3-bedroom, 2-bathroom home in Malahide is for sale offering roughly 900 sq ft of space. Its $699,000 asking price sits right in line with the $695,000 median in Malahide. It has been on the market 54 days, fresher than the Malahide average of 66 days.

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Description

LOOKING FOR THAT COUNTRY RETREAT CLOSE TO THE 401, LONDON, ALYMER AND ST THOMAS THIS MAY BE IT. THIS BRICK RANCK WITH AN ATTACHED ONE CAR GARAGE SITS ON A .692 ACRE PROPERTY FEATURING A LARGE IN GROUND HEATED POOL FOR THAT SUMMER RELAXATION. WITH THE FULLY FENCED REAR YARD A GREAT PLACE FOR THE FAMILY. THE 20 FOOT BY 35 FOOT PAD FOR YOUR FUTURE DETACHED GARAGE OR SHOP HAS ALREADY BEEN POURED. THE MAIN FLOOR OF THE HOME FEATURES 2 BEDROOMS, LIVING ROOM, KITCHEN, EATING AREA AND A 4 PIECE WASHROOM. THE LOWER LEVEL IS ALSO FINISHED WITH A THIRD BEDROOM CURRENTLY BEING UTILIZED BY THE OWNERS AS THEIR PRIMARY SUITE WITH A WALK IN CLOSET, ANOTHER BATHROOM, RECREATION ROOM AND LAUNDRY ROOM. YOU WILL NOT BE DISAPPOINTED. (id:66096)

Property Details

MLS®: X13773306
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 7
Interior Size: 900 ft²
Lot Size: 174 × 170 ft (29,477 sq ft)
Frontage: 174 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Pool: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Living room: 4.18 x 3.54 meters
Kitchen: 4.17 x 3.52 meters
Dining room: 3.52 x 2.51 meters
Bedroom 2: 3.54 x 2.75 meters
Bedroom 3: 3.85 x 3.51 meters
Bathroom: 2.48 x 2.17 meters

Lower level

Primary Bedroom: 4.45 x 3.96 meters
Recreational, Games room: 6.18 x 3.52 meters
Bathroom: 2.72 x 2.37 meters
Laundry room: 4.76 x 2.36 meters

Features

Appliances: Refrigerator, Stove, Water Treatment, Water Heater
Foundation: Concrete
Exterior: Brick
Lot Features: Irregular lot size, Flat site

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Malahide listings, avg age

66d

Price / ft²

$777

List price

$699K

Haho

This 3-bed single family in Malahide has been listed for 54 days, which is 12 days fresher than the city average of 66. Act while there is still low competition.

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Listed by ROYAL LEPAGE TRILAND REALTY · DENNIS BROOME

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5H)

This home lists at $699,000, about 8.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 65% above the area median.

Median household income: $83,000
Population: 15,625
Median age: 37.6
Owner / renter: 77% / 23%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N5H)

$699,000· $777/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$358/mo

Total monthly$3,985

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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