$749,000
Meaford
128 Denmark Street, Meaford, Ontario, N4L1E2
This multi-family property in Meaford is for sale offering roughly 2,250 sq ft of space. It has been on the market 54 days, fresher than the Meaford average of 97 days.
Welcome to 128 Denmark Street in Meaford, a legal duplex offering an appealing combination of space, flexibility and income potential. The spacious front residence features three bedrooms over two storeys, with high ceilings on the main floor adding to the bright and airy feel of the home. At the rear, a separate one-bedroom apartment provides its own private entrance and outdoor space. Both units feature their own laundry and are separately metered for utilities, providing excellent independence for each household. Outside, the property offers great curb appeal, a detached garage and two separate driveways-one on either side of the home-providing plenty of convenient parking. The exceptionally large, fully fenced backyard has been thoughtfully divided to provide each unit with its own private fenced outdoor space, leading onto the popular Georgian Trail. The location is another highlight, with downtown Meaford and the beautiful Meaford harbourfront within walking distance, putting shops, restaurants, waterfront parks and everyday amenities close at hand. Whether you're looking for an investment property, a home with supplemental rental income, or a flexible setup for extended family, 128 Denmark Street offers a unique combination of location, versatility and outdoor space. The property was extensively renovated within the past 5 years, including everything from a new roof to new windows. The property is currently fully tenanted. 3BDRM unit pays $2,525 plus utilities and is on a month-to-month lease; the back 1BDRM unit will be vacant as of October 1st and currently pays $1,750/month plus utilities. (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.
Long Listed: 54 days on market, against an average age of 97 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed multi-family in Meaford has been listed for 54 days, which is 43 days fresher than the city average of 97. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 10.1× the local median household income of $74,500.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 96% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4L)
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