$1,299,000

$1,369,000For salePrice drop↓ $70,000 (5%)

2 Ashlea Lane, Melancthon - Single Family for Sale

2 Ashlea Lane, Melancthon, Ontario, L9V3M9

5 beds4 baths16 parking4,250 ft²171 × 367 ft (1.44 acres) lot sizeListed 56 days ago

Overview

This 5-bedroom, 4-bathroom home in Melancthon is for sale offering roughly 4,250 sq ft of space. It has been on the market 56 days, fresher than the Melancthon average of 92 days.

Houses for Sale in Melancthon →All real estate in Melancthon →

Description

This breathtaking 13 year old custom-built Bungaloft. Built in 2013 by a predominant home builder sits on 1.26-acre estate on a quiet cul-de-sac features a private wooded trail, a 16x32 ft heated pool, Hot tub and a luxury primary retreat with 5pc ensuite in the main floor primary bedroom. Entertain effortlessly with a gourmet kitchen, outdoor BBQ, and a spectacular theater room that rivals the cinematic experience of a Galaxy Cinemas theater. This 5 bedroom home has a front den that could become a 6th bedroom. This home has a new septic with maintenance contract. Inclusions are on demand water heater, fridge, stove, washer and dryer, dishwasher, with all theater seating and equipment, riding lawn mower and all pool equipment. The lower level with theater and bedroom plus new 3pc bathroom. This home is a gem with so much to offer, a gorgeous bungaloft that has it all. It also sits in a very exclusive area and just minutes from Shelburne and schools and shopping. (id:66096)

Property Details

MLS®: X13760500
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 16
Interior Size: 4,250 ft²
Lot Size: 171 × 367 ft (1.44 acres)
Frontage: 171 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership

Rooms

Main level

Living room: 4.08 x 3.25 meters
Dining room: 4.3 x 3.5 meters
Great room: 6.14 x 4.9 meters
Kitchen: 3.94 x 3.66 meters
Eating area: 3.43 x 4 meters
Office: 3.05 x 3.05 meters
Primary Bedroom: 5.1 x 4.1 meters

Second level

Loft: 3.4 x 310 meters
Bedroom 2: 4.38 x 3.5 meters
Bedroom 3: 4.52 x 3.5 meters

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Water Heater
Flooring: Hardwood, Slate, Carpeted
Foundation: Poured Concrete
Exterior: Brick, Stone
Lot Features: Cul-de-sac

Services

Water: Drilled Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Melancthon listings, avg age

92d

Price / ft²

$306

List price

$1.30M

Homes here sell slower than most markets

Sold homes in this market spent an average of 80 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 90.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Melancthon has been listed for 56 days, which is 36 days fresher than the city average of 92. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX REAL ESTATE CENTRE INC. · JERRY GOULD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $1,299,000, about 12.4× the local median household income of $105,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 142% above the area median.

Median household income: $105,000
Population: 17,750
Median age: 40
Owner / renter: 86% / 14%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L9V)

$1,299,000· $306/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$590/mo

Total monthly$7,210

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$22,455

Est. closing costs$6,397

Total cash needed$133,752

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator