$1,299,999

$1,499,999For salePrice drop↓ $200,000 (13%)

122 Algonquin Drive, Meaford - Single Family for Sale

122 Algonquin Drive, Meaford, Ontario, N4L0A7

6 beds4 baths12 parking2,250 ft²317 × 172 ft (1.25 acres) lot sizeListed 55 days ago

Overview

This 6-bedroom, 4-bathroom home in Meaford is for sale offering roughly 2,250 sq ft of space. It has been on the market 55 days, fresher than the Meaford average of 98 days.

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Description

Welcome to 122 Algonquin Drive, a fully renovated executive home on an impressive 1.038-acre double lot with over 300 feet of frontage. Offering more than 3,400 sq. ft. of finished living space, this turnkey property features 6 bedrooms, 4 full bathrooms and two full kitchens, including 4 upper-level bedrooms and 2 lower-level bedrooms. The finished lower level offers an ideal in-law suite with a separate entrance, full kitchen and upgraded insulation for enhanced soundproofing and privacy. Highlights include hand-scraped oak flooring (2023), main-floor laundry, an upgraded kitchen with new appliances, new windows and doors (2025), a high-efficiency furnace, central air conditioning, spray foam basement insulation and a new garage door. The approximately $70,000 EPDM flat roof is backed by a 40-year warranty. Enjoy landscaped grounds, a covered front porch, upper-level outdoor living space and a double-car garage; all just minutes from downtown Meaford, Georgian Bay, parks, shopping and restaurants. A rare combination of space, versatility and modern comfort. (id:66096)

Property Details

MLS®: X13773984
Property Type: Single Family
Zoning: R1
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 4
Half Baths: 1
Parking: 12
Interior Size: 2,250 ft²
Lot Size: 317 × 172 ft (1.25 acres)
Frontage: 317 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener, Water Heater
Foundation: Block
Exterior: Brick
Lot Features: Cul-de-sac, Irregular lot size, Flat site, Dry, In-Law Suite

Services

Water: Municipal water
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Meaford listings, avg age

98d

Price / ft²

$578

List price

$1.30M

Homes here sell slower than most markets

Sold homes in this market spent an average of 64 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 6-bed single family in Meaford has been listed for 55 days, which is 43 days fresher than the city average of 98. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · Matt Stuart

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $1,299,999, about 17.4× the local median household income of $74,500.

Carrying it typically needs a household income of about $253,935 (20% down, 25-yr amortization, stress-tested) — roughly 241% above the area median.

Median household income: $74,500
Population: 8,337
Median age: 54.4
Owner / renter: 78% / 22%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4L)

$1,299,999· $578/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,999.90

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,800 capitalized)

Property tax (est.)$660/mo

Total monthly$7,285

Cash Needed to Close

Down payment (8.08%)$105,000

Land transfer tax$22,475

Est. closing costs$6,400

Total cash needed$133,875

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