$1,199,000

For sale

349 Cedar Avenue, Meaford - Single Family for Sale

349 Cedar Avenue, Meaford, Ontario, N4L1W5

3 beds1 bath6 parking900 ft²120 × 166 ft (19,956 sq ft) lot sizeListed 55 days ago

Overview

This 3-bedroom, 1-bathroom home in Meaford is for sale offering roughly 900 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 349 Cedar Avenue, a rare Georgian Bay waterfront offering with approximately 132 feet of shoreline on a coveted double lot. Enjoy it now as a four-season retreat, or explore the future potential to expand or build within the existing water's-edge footprint, subject to applicable approvals. Significant permanent improvements were completed in 2019-2020, including a shore well valued at approximately $14,000, extensive shoreline protection valued at approximately $46,000, and a modern Biofilter FB20 septic system valued at approximately $50,000 with a 5,700-litre tank and 10x25-metre bed.Inside, vaulted ceilings and a dramatic wall of windows frame panoramic Georgian Bay views. The upgraded kitchen features granite countertops, a gas stove, premium appliances and a large centre island. Three bedrooms plus a separate guest house/bunkie provide excellent space for family and guests.A standout opportunity for buyers seeking a turnkey waterfront escape today, with exciting long-term potential for the future. (id:66096)

Property Details

MLS®: X13767520
Property Type: Single Family
Zoning: R40 R41
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 120 × 166 ft (19,956 sq ft)
Frontage: 120 ft
Storeys: 1
Style: Bungalow
Basement: Crawl space
Heating: Heat Pump, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Foyer: 2.03 x 2.72 meters
Living room: 4.75 x 3.66 meters
Dining room: 4.75 x 3.58 meters
Kitchen: 4.5 x 3.18 meters
Primary Bedroom: 2.72 x 2.51 meters
Bedroom 2: 2.59 x 2.54 meters
Bedroom 3: 2.69 x 2.62 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, Hot Tub, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Log
Lot Features: Carpet Free

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Meaford listings, avg age

98d

Price / ft²

$1,332

List price

$1.20M

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 3-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 KELLER WILLIAMS EXPERIENCE REALTY · ALLYSON DUBLACK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $1,199,000, about 16.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 214% 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)

$1,199,000· $1,332/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.91% · $94,900

Min 7.91%50%

Mortgage payment$6,121/mo

↳ CMHC premium ($44,164 capitalized)

Property tax (est.)$634/mo

Total monthly$6,755

Cash Needed to Close

Down payment (7.91%)$94,900

Land transfer tax$20,455

Est. closing costs$6,097

Total cash needed$121,452

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