$449,000
Meaford
Times shown are local to the property.
360 Cedar Avenue, Meaford, Ontario, N4L1W5
This 3-bedroom, 1-bathroom home in Meaford is for sale offering roughly 900 sq ft of space.
Your Georgian Bay Cottage Escape - Without the Waterfront Price Tag! Dreaming of a Georgian Bay getaway without the cost of waterfront ownership? This inviting three-bedroom cottage offers an affordable way to enjoy the cottage lifestyle, with a nearby water access area just a five-minute walk away. Spend summer days swimming, paddling and exploring the bay, then unwind on the wrap-around front deck with morning coffee or relaxed evenings with family and friends. Low property taxes add to the appeal, making this an attractive option for buyers looking for a personal retreat without the higher carrying costs often associated with waterfront properties. Currently enjoyed by the owners for three seasons, with occasional winter use, the cottage offers flexibility for extended getaways throughout the year. A cozy wood-burning stove creates a welcoming atmosphere on cooler days, while baseboard heating provides additional warmth. A wall-mounted air conditioner helps keep things comfortable during the summer months. Beyond its appeal as a personal escape, this property offers potential for buyers interested in rental income when they're not enjoying it themselves. Located in a popular vacation area, it may provide an opportunity to offset ownership costs while sharing the Georgian Bay lifestyle with others, subject to applicable municipal requirements. Practical updates include a new roof and most windows in 2020, updated plumbing and electrical, Roxul insulation in the exterior walls and attic, soundproofing insulation in the interior walls, and additional insulation beneath approximately 60% of the cottage. Whether you're searching for a weekend retreat, a place to create lasting family memories, or a cottage with potential rental appeal, this property offers an opportunity to make Georgian Bay cottage life your own. Furniture is negotiable, making it even easier to settle in and start enjoying your getaway. (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: 100 days on market, against an average age of 98 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 3-bed single family in Meaford is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $449,000, about 6.0× the local median household income of $74,500.
Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4L)
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