$599,000

$624,900For salePrice drop↓ $25,900 (4%)

8 Russett Drive, Meaford - Single Family for Sale

8 Russett Drive, Meaford, Ontario, N4L0A5

3 beds3 baths2 parking1,500 ft²$533/mo condo feeListed 54 days ago

Overview

This 3-bedroom, 3-bathroom condo in Meaford is for sale offering roughly 1,500 sq ft of space. Its $599,000 asking price sits right in line with the $599,000 median in Meaford. It has been on the market 54 days, fresher than the Meaford average of 97 days.

Condos for Sale in Meaford →All real estate in Meaford →

Description

Easy Living at Gates of Kent. This 3 bed, 3 bath end unit bungaloft provides comfort and convenience all under one roof. Main floor features open concept Kitchen & Livingroom, Primary bedroom with ensuite bath, a second Bedroom and full 4pc bath. Hard surface flooring on the main floor, recently added stair lift to the second level with a second loft living space with electric fireplace, a third bedroom and 4pc bath. Enjoy afternoons on the extended rear patio area that backs onto the pond, or morning coffee on the covered front porch. Inside parking in your single bay garage and second space on your exclusive drive. Club House is on site for larger gatherings with friends and family. This is quite possibly, the most peaceful place to live in Meaford! (id:66096)

Property Details

MLS®: X13773100
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,500 ft²
Storeys: 1
Basement: Crawl space
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Condo Fee: $533/mo
Fee Includes: Common Area Maintenance, Cable TV
Ownership: Condo/Strata
Property Tax: $4,065.01/yr

Rooms

Main level

Kitchen: 3.48 x 4.47 meters
Living room: 4.17 x 4.39 meters
Primary Bedroom: 3.73 x 3.45 meters
Bathroom: 1.93 x 2.31 meters
Bathroom: 1.6 x 2.7 meters
Bedroom 2: 3.2 x 3.11 meters

Upper Level

Family room: 3.86 x 4.62 meters
Bedroom 3: 5.36 x 2.68 meters
Bathroom: 2.74 x 1.63 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener remote(s)
Foundation: Concrete
Exterior: Vinyl siding, Brick Veneer
Lot Features: Cul-de-sac, Backs on greenbelt, Dry, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Meaford listings, avg age

97d

Price / ft²

$399

List price

$599K

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 3-bed single family in Meaford has been listed for 54 days, which is 43 days fresher than the city average of 97. 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 $599,000, about 8.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$599,000· $399/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$339/mo

Condo fee$533/mo

Total monthly$3,999

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$8,455

Est. closing costs$4,297

Total cash needed$47,652

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