$749,999

For sale

58111 12th Line, Meaford - Single Family for Sale

58111 12th Line, Meaford, Ontario, N4L1W5

3 beds2 baths6 parking1,300 ft²572 × 2287 ft (30.02 acres) lot sizeListed 19 days ago

Overview

This 3-bedroom, 2-bathroom home in Meaford is for sale offering roughly 1,300 sq ft of space. Listed at $749,999, it is attractively priced about 15% below the $880,000 median asking price in Meaford. It has been on the market 19 days, fresher than the Meaford average of 98 days.

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Description

Welcome to your private rural retreat! Set well back from the road along a long, tree-lined laneway, this peaceful 39-acre property is located just 10 minutes from Meaford and 15 minutes from Owen Sound. The charming 1.5-storey, 3-bedroom, 2-bathroom home features bright, airy rooms with beautiful views, Douglas fir hardwood floors throughout, and solid wood trim and interior doors. Lovingly maintained and thoughtfully updated, the home offers composite siding, updated windows and doors, electrical, insulation, 200-amp service, and convenient main-floor laundry. Hydro has also been upgraded to accommodate a future secondary structure and electric vehicle charger. An attached workshop and lean-to wood storage shed provide convenient access to the basement. Peaceful trails wind through the ash bush, while scenic Oxmead Creek runs through the property. Approximately 25 acres are workable, complemented by an abundance of fruit trees, including pear, apple, and pin cherry. A recently completed WETT inspection on the woodstove adds peace of mind. A wonderful opportunity to enjoy privacy, space, and country living with the convenience of being close to town. (id:66096)

Property Details

MLS®: X14086980
Property Type: Single Family
Zoning: RU & EP
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 572 × 2287 ft (30.02 acres)
Frontage: 571 ft
Storeys: 1
Basement: Unfinished, Full
Heating: Baseboard heaters, Electric, Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Property Tax: $1,665.35/yr
Listed

Rooms

Main level

Living room: 4.5 x 4.04 meters
Dining room: 4.51 x 3.05 meters
Kitchen: 4.45 x 3.52 meters
Laundry room: 2.57 x 1.98 meters
Bedroom: 2.99 x 3.52 meters
Bathroom: 2.17 x 2 meters
Workshop: 6.78 x 4.85 meters

Basement

Utility room: 7.85 x 6.66 meters

Second level

Bedroom: 4.43 x 5.23 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Window Coverings, Water Heater
Foundation: Stone
Lot Features: Irregular lot size, Carpet Free, Country residential

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

19d

Meaford listings, avg age

98d

Price / ft²

$577

List price

$750K

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 19 days, which is 79 days fresher than the city average of 98. Act while there is still low competition.

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Listed by eXp Realty · SCOTT CROWTHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $749,999, about 10.1× the local median household income of $74,500.

Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 97% 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)

$749,999· $577/ft²

For sale

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Full Cost Breakdown

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Down Payment6.67% · $49,999.90

Min 6.67%50%

Mortgage payment$3,881/mo

↳ CMHC premium ($28,000 capitalized)

Property tax (est.)$139/mo

Total monthly$4,020

Cash Needed to Close

Down payment (6.67%)$50,000

Land transfer tax$11,475

Est. closing costs$4,750

Total cash needed$66,225

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