$649,000

$699,000For salePrice drop↓ $50,000 (7%)

159028 7th Line, Meaford - Single Family for Sale

159028 7th Line, Meaford, Ontario, N4L1W5

2 beds2 baths6 parking1,300 ft²295 × 163 ft (1.10 acres) lot sizeListed 74 days ago

Overview

This 2-bedroom, 2-bathroom home in Meaford is for sale offering roughly 1,300 sq ft of space. Listed at $649,000, it is attractively priced about 26% below the $880,000 median asking price in Meaford. It has been on the market 74 days, fresher than the Meaford average of 98 days.

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Description

Welcome to this well-loved home in a beautiful country setting, offered for sale for the first time in more than 30 years. Set on approximately 1.2 acres, this inviting property offers a wonderful combination of space, privacy and proximity to Georgian Bay. Two main-floor bedrooms are complemented by a large finished basement, offering flexible living space and potential to create additional bedrooms. With room to grow and the opportunity to refresh the interior to reflect your personal style, this is a home you can enjoy today and make your own over time. Surrounded by mature trees, neighbouring country estates and orchards, the setting feels peaceful and rural while remaining an easy drive to downtown Meaford. The beautiful shores of Georgian Bay are just a short walk away, making it easy to enjoy everything this special area has to offer. The expansive property features an above-ground pool, generous outdoor space and plenty of room to enjoy country living. A covered back deck provides a wonderful place to relax with a morning coffee, enjoy a glass of wine at the end of the day, or simply visit with friends and take in the quiet surroundings .A workshop and substantial storage building offer excellent space for hobbyists, contractors, recreational equipment or additional storage. Lovingly maintained and enjoyed by the same owners for decades, this is a rare opportunity to make a long-held property your own. Quiet surroundings, great neighbours, mature landscaping and a generous lot create an inviting setting for those looking for more space and a relaxed Georgian Bay lifestyle. (id:66096)

Property Details

MLS®: X13707114
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 295 × 163 ft (1.10 acres)
Frontage: 295 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, N/A
Heating: Baseboard heaters, Electric
Cooling: Wall unit
Garage: Attached Garage, Garage
Pool: Yes
Ownership

Rooms

Basement

Recreational, Games room: 4.41 x 7.65 meters
Workshop: 6.89 x 7.41 meters

Main level

Kitchen: 3.71 x 3.41 meters
Living room: 4.52 x 4.07 meters
Primary Bedroom: 4.23 x 3.47 meters
Bedroom 2: 4.58 x 2.99 meters
Bathroom: 1.37 x 1.01 meters
Bathroom: 2.44 x 3.51 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Foundation: Concrete
Exterior: Vinyl siding
Lot Features: Sump Pump

Services

Water: Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

74d

Meaford listings, avg age

98d

Price / ft²

$499

List price

$649K

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 2-bed single family in Meaford has been listed for 74 days, which is 24 days fresher than the city average of 98. Act while there is still low competition.

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Listed by Royal LePage Locations North · TOM GRIGGS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $649,000, about 8.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 70% 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)

$649,000· $499/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$290/mo

Total monthly$3,667

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$9,455

Est. closing costs$4,447

Total cash needed$53,802

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