$749,500

For sale

158254 7th Line, Meaford - Single Family for Sale

158254 7th Line, Meaford, Ontario, N4L0A7

4 beds1 bath6 parking1,300 ft²157 × 262 ft (41,134 sq ft) lot sizeListed 72 days ago

Overview

This 4-bedroom, 1-bathroom home in Meaford is for sale offering roughly 1,300 sq ft of space. Listed at $749,500, it is attractively priced about 15% below the $880,000 median asking price in Meaford. It has been on the market 72 days, fresher than the Meaford average of 98 days.

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Description

Welcome home to this stylishly renovated 1870 farmhouse set on just under an acre with distant views of Georgian Bay. Completely updated from top to bottom, inside and out, this four-bedroom home seamlessly blends historic charm with modern, high end finishes. Located just a short drive from downtown Meaford and the water. The meticulously designed interior features exposed brick, custom accent walls, and new pine flooring. The contemporary kitchen boasts recently-updated soft-close cabinetry and stainless steel appliances. A flexible main-floor bedroom/office is paired with three bright bedrooms upstairs. Enjoy ultimate peace of mind with extensive upgrades: full electrical and plumbing overhaul, new kitchen and bath, steel roof, high-efficiency furnace, two ductless splits, slate tile entryways, and a 12x20-foot deck overlooking fresh landscaping. Nothing to do but move in and enjoy country living at its finest! (id:66096)

Property Details

MLS®: X13714476
Property Type: Single Family
Zoning: RR
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 157 × 262 ft (41,134 sq ft)
Frontage: 157 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: Wall unit
Garage: No Garage
Ownership: Freehold
Property Tax: $2,706/yr
Listed

Rooms

Main level

Foyer: 3.04 x 1.63 meters
Living room: 4.7 x 4.69 meters
Kitchen: 4.62 x 2.83 meters
Dining room: 5.38 x 2.92 meters
Bathroom: 3.58 x 1.51 meters
Bedroom 4: 2.69 x 2.89 meters

Second level

Primary Bedroom: 3.71 x 5.93 meters
Bedroom 2: 3.68 x 2.99 meters
Bedroom 3: 4.6 x 2.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Stone, Concrete
Exterior: Wood

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

72d

Meaford listings, avg age

98d

Price / ft²

$577

List price

$750K

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.

Haho

This 4-bed single family in Meaford has been listed for 72 days, which is 26 days fresher than the city average of 98. Act while there is still low competition.

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Listed by Sotheby's International Realty Canada · MATTHEW LIDBETTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $749,500, about 10.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $146,404 (20% down, 25-yr amortization, stress-tested) — roughly 97% 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)

$749,500· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,950

Min 6.66%50%

Mortgage payment$3,878/mo

↳ CMHC premium ($27,982 capitalized)

Property tax (est.)$226/mo

Total monthly$4,104

Cash Needed to Close

Down payment (6.66%)$49,950

Land transfer tax$11,465

Est. closing costs$4,749

Total cash needed$66,164

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