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$593,451

For sale

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5 Driftwood Lane, Meaford - Single Family for Sale

5 Driftwood Lane, Meaford, Ontario, N4L0A0

3 beds4 baths2 parking1,750 ft²20 × 85 ft (1,700 sq ft) lot sizeListed 30 days ago

Overview

This 3-bedroom, 4-bathroom home in Meaford is for sale offering roughly 1,750 sq ft of space. Listed at $593,451, it is attractively priced about 33% below the $880,000 median asking price in Meaford. It has been on the market 30 days, fresher than the Meaford average of 98 days.

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Description

MODEL HOME OPEN FRIDAY-SUNDAY, 1-5PM! 3-bedroom, 3 or 4-bathroom SAILOR OR VOYAGER interior unit in Southern Georgian Bay's first-of-its-kind Net Zero community. Ready for occupancy Spring 2027 - just choose your finishes! INCENTIVES: your choice of $30,000 off the purchase price OR a FREE finished basement valued at approx. $47,000, PLUS $50,000+ in HST rebate savings. Don't miss out - these are the only lots with the additional incentive! Built to exceed today's standards and meet the 2030 Building Code, these homes combine exceptional construction, energy efficiency and high-quality finishes for a more comfortable home with dramatically reduced energy costs. INCLUDED in the purchase price: solar panels, cold-climate heat pump, HRV system, triple-pane windows, AeroBarrier air sealing, thicker foundation with 2" spray foam insulation along exterior basement walls and under floor, quartz countertops in kitchen and bathrooms, stainless steel kitchen appliances, washer/dryer and main-floor vinyl plank flooring. Also included: asphalt driveway, deck, privacy fence, fibre-optic internet and EV charger. Finished basement adds a recreation room and 3 or 4-piece bathroom. Future community clubhouse planned with pickleball courts, gym and conference room. HST exemption available to qualified buyers; listed price reflects the HST exemption and FREE FINISHED BASEMENT incentive. TO BE BUILT - Photos are of a completed model home for illustrative purposes only. Finishes and appearance may vary based on buyer selections. (id:66096)

Property Details

MLS®: X13873892
Property Type: Single Family
Zoning: RM
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 20 × 85 ft (1,700 sq ft)
Frontage: 20 ft
Storeys: 2
Basement: Finished, N/A
Heating: Heat Pump, Forced air, Electric, Solar
Cooling: Central air conditioning, Air exchanger
Garage: Garage
Ownership: Freehold
Listed

Rooms

Main level

Great room: 4.11 x 2.99 meters
Dining room: 3.66 x 2.96 meters
Kitchen: 2.71 x 3.23 meters
Partial bathroom: 1.52 x 1.52 meters
Foyer: 2.56 x 2.56 meters

Second level

Laundry room: 1.77 x 1.79 meters
Bathroom: 2.9 x 1.52 meters
Primary Bedroom: 4 x 3.41 meters
Bathroom: 2.9 x 2.25 meters
Other: 2.38 x 1.98 meters

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Garage door opener, Garage door opener remote(s), Water Heater
Foundation: Poured Concrete
Exterior: Hardboard, Brick Veneer
Lot Features: Sump Pump, Solar Equipment

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Meaford listings, avg age

98d

Price / ft²

$339

List price

$593K

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 3-bed single family in Meaford has been listed for 30 days, which is 68 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 · HEATHER MCGEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $593,451, about 8.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $115,922 (20% down, 25-yr amortization, stress-tested) — roughly 56% 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)

$593,451· $339/ft²

For sale

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Full Cost Breakdown

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Down Payment5.79% · $34,345.10

Min 5.79%50%

Mortgage payment$3,100/mo

↳ CMHC premium ($22,364 capitalized)

Est. property tax$0/mo

Total monthly$3,100

Cash Needed to Close

Down payment (5.79%)$34,345

Land transfer tax$8,344

Est. closing costs$4,280

Total cash needed$46,969

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Open houses

5 Driftwood Lane, Meaford - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N4L)

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Full Cost Breakdown

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