$779,900

For sale

48 Union Street, Meaford - Single Family for Sale

48 Union Street, Meaford, Ontario, N4L1E5

4 beds4 baths3 parking1,750 ft²60 × 135 ft (8,076 sq ft) lot sizeListed 21 days ago

Overview

This 4-bedroom, 4-bathroom home in Meaford is for sale offering roughly 1,750 sq ft of space. Listed at $779,900, it is attractively priced about 8% below the $849,000 median asking price in Meaford. It has been on the market 21 days, fresher than the Meaford average of 97 days.

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Description

Welcome to 48 Union Street in Meaford! Located in a family-friendly neighbourhood, this spacious two-storey home offers plenty of room for the whole family, along with the added flexibility of a self-contained granny suite in the basement. The upper level features three bedrooms, including a generous primary bedroom with convenient cheater access to the four-piece bathroom. A mini-split system provides heating and cooling for year-round comfort on the second floor. The main floor offers a functional layout with a large kitchen, convenient main floor laundry, a two-piece bathroom, and an expansive family room addition featuring a gas fireplace and easy access to the backyard. The basement is set up as a self-contained one-bedroom granny suite complete with a full kitchen, a two-piece bathroom, and an additional three-piece bathroom located at the top of the stairs within the suite. Outside, enjoy the large fenced backyard, perfect for children, pets, gardening, and entertaining. Offering versatile living space, a flexible layout, and a great location in Meaford, this property is an excellent opportunity for families or those looking for additional living space for extended family. (id:66096)

Property Details

MLS®: X14031202
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 60 × 135 ft (8,076 sq ft)
Frontage: 60 ft
Storeys: 2
Basement: Finished, N/A
Heating: Baseboard heaters, Electric, Natural gas
Cooling: Wall unit
Garage: Carport, No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Block
Exterior: Brick, Vinyl siding
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Meaford listings, avg age

97d

Price / ft²

$446

List price

$780K

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.

Haho

This 4-bed single family in Meaford has been listed for 21 days, which is 76 days fresher than the city average of 97. Act while there is still low competition.

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Listed by Sutton-Sound Realty · BRAD BARFOOT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $779,900, about 10.5× the local median household income of $74,500.

Carrying it typically needs a household income of about $152,342 (20% down, 25-yr amortization, stress-tested) — roughly 104% 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)

$779,900· $446/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,990

Min 6.79%50%

Mortgage payment$4,030/mo

↳ CMHC premium ($29,076 capitalized)

Property tax (est.)$355/mo

Total monthly$4,385

Cash Needed to Close

Down payment (6.79%)$52,990

Land transfer tax$12,073

Est. closing costs$4,840

Total cash needed$69,903

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