$699,000
Meaford
#32 410 Ridge Road, Meaford, Ontario, N4L0B2
This 3-bedroom, 2-bathroom home in Meaford is for sale offering roughly 1,750 sq ft of space. Listed at $699,000, it is attractively priced about 21% below the $880,000 median asking price in Meaford.
Elegant 3-Bedroom Life Lease Home 1805 Sq Ft Accessible, Upgraded, and Move-In Ready - Discover this spacious 3-bedroom, 1805 sq ft life lease bungalow featuring slab-on-grade construction ideal for wheelchair accessibility. Enjoy comfort year-round with in-floor radiant heating and wall-mounted cooling. Wide 36" doors and smooth laminate flooring ensure a carpet-free, accessible environment. The unit boasts a large single-car garage with upgraded epoxy flooring, Trusscore walls, and a floor drain, perfect for easy maintenance. An owned boiler efficiently supplies domestic hot water and radiant slab heating. Upgrades include a built-in coffee bar with wine fridge, California shutters throughout, and electric roll-down screens enclosing the rear porch for all-season enjoyment. The backyard features an interlocking stone patio overlooking a tranquil treed area. Inside, the primary bedroom offers an enlarged walk-in closet with a California Closet system and pocket doors maximize usable space in the primary suite and front bedroom closet. Interior bedroom 3/den has a solar tube, bringing in natural light where no window is available. Both bathrooms have been upgraded with tiled, glass-door showers, no tubs. Additional highlights include LED lighting with dimmers in the main living areas. Life lease term is for the owner(s) lifetime plus one year for estate resolution. The $730 monthly fee includes property taxes, lawn and snow clearing (driveways and street only), and reserve fund. Unit ownership includes drywall boundaries (length, width, height). There are no age restrictions in this friendly subdivision. This home combines thoughtful design, premium finishes, and an accessible layout, making it a rare find in the life lease market. Experience comfort, style, and low maintenance living within a welcoming community. The purchaser will need to pay 1.5% of the sale price to Meaford Golf Mews Inc for the creation of the new lease. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 397 days on market, against an average age of 98 days across the listings currently for sale in this city
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.
This 3-bed single family in Meaford is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 9.4× the local median household income of $74,500.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4L)
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