$799,000

$814,900For salePrice drop↓ $15,900 (2%)

63 Fairway Avenue, Meaford - Single Family for Sale

63 Fairway Avenue, Meaford, Ontario, N4L1X8

3 beds3 baths6 parking1,300 ft²60 × 179 ft (10,746 sq ft) lot sizeListed 65 days ago

Overview

This 3-bedroom, 3-bathroom home in Meaford is for sale offering roughly 1,300 sq ft of space. Listed at $799,000, it is attractively priced about 9% below the $880,000 median asking price in Meaford. It has been on the market 65 days, fresher than the Meaford average of 98 days.

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Description

Exceptional quality in this 3 bedroom, 3 bath all brick, Ranch Bungalow on a highly desirable street. Main floor living with open concept kitchen, living, dining rooms, primary suite with 3pc ensuite, a second bedroom with laundry in the guest 3pc bath. Many updates to the home include, granite countertops, maple flooring in living room, primary and second bedrooms. Walk out from the dining room to the rear deck with power sun awning, stone patio and manicured grounds. Downstairs, a fully finished rec room with new carpet and under pad (2023), wet bar, a large third bedroom and a 4pc bath. Double car attached garage with new insulated doors (2023) lead to the double wide concrete drive and Generac Whole Home Generator (2021) provides peace of mind. Whether you're up sizing, down sizing or seeking a quality home in a great area with main floor living - this property has it all. (id:66096)

Property Details

MLS®: X13735698
Property Type: Single Family
Zoning: R1
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 60 × 179 ft (10,746 sq ft)
Frontage: 59 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Range, Oven, Dryer, Oven - Built-In, Blinds, Garage door opener remote(s), Water Heater
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Flat site, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

65d

Meaford listings, avg age

98d

Price / ft²

$615

List price

$799K

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 65 days, which is 33 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 · CATHI PARRISH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4L)

This home lists at $799,000, about 10.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 109% 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)

$799,000· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$428/mo

Total monthly$4,553

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$12,455

Est. closing costs$4,897

Total cash needed$72,252

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