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$599,000
Meaford
124 Sykes Street South, Meaford, Ontario, N4L1E4
This 4-bedroom, 2-bathroom home in Meaford is for sale offering roughly 1,750 sq ft of space. Listed at $599,000, it is attractively priced about 32% below the $880,000 median asking price in Meaford. It has been on the market 22 days, fresher than the Meaford average of 99 days.
A great investment opportunity in the heart of Meaford. This classic 2 1/2 storey brick property offers over 2,100 square feet of functional living space divided into two distinct residential units, blending turn-of-the-century architectural character with strong rental utility.The main-floor suite features a comfortable 2 bedroom layout with a private rear entry, dedicated foyer, a spacious kitchen, and a bright living and dining space.The expansive upper residence spans the second level and finished loft, offering three to four bedrooms, classic hardwood flooring, original woodwork, stained-glass details, a four-piece bathroom, and a generous 200+ square foot entry mudroom on the ground level.Centrally situated within walking distance of downtown shops, dining, local parks, and the Meaford harbour. Includes parking for three vehicles, municipal services, and forced-air natural gas heating. Ideal as an income property or a multi-generational living arrangement in Southern Georgian Bay. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 99 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 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.
This 4-bed single family in Meaford has been listed for 22 days, which is 77 days fresher than the city average of 99. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 8.0× the local median household income of $74,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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