$650,000

$699,900For salePrice drop↓ $49,900 (7%)

239198 County Road 2, Melancthon - Single Family for Sale

239198 County Road 2, Melancthon, Ontario, L9V2J5

3 beds3 baths7 parking1,300 ft²87 × 132 ft (11,458 sq ft) lot sizeListed 84 days ago

Overview

This 3-bedroom, 3-bathroom home in Melancthon is for sale offering roughly 1,300 sq ft of space. Listed at $650,000, it is attractively priced about 35% below the $999,999 median asking price in Melancthon. It has been on the market 84 days, fresher than the Melancthon average of 94 days.

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Description

A truly one-of-a-kind property in the peaceful countryside of Melancthon. Originally built as a church and thoughtfully transformed into a unique private residence, this home blends historic character with modern comfort. Offering approximately 1,500 sq. ft. above grade, the bright open-concept interior features soaring ceilings, an abundance of natural light and a wood-burning fireplace that adds warmth and charm.Recently renovated with extensive updates including new electrical wiring (2024), plumbing (2024), windows (2024), roof (2024), soffit (2024), fascia (2024), and insulation (2024). The home offers one main-floor bedroom, two additional bedrooms in the finished basement and a flexible 1-storey layout.Surrounded by mature trees with no immediate neighbours, this private country setting offers the peace, space and character that's becoming increasingly hard to find. From its distinctive architecture to its story-filled past, this is more than just a home-it's a property with personality, history and a feeling you simply can't recreate. (id:66096)

Property Details

MLS®: X13668424
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 1 above · 2 below
Bathrooms: 3
Parking: 7
Interior Size: 1,300 ft²
Lot Size: 87 × 132 ft (11,458 sq ft)
Frontage: 87 ft
Storeys: 1
Basement: Finished, N/A
Heating: Forced air, Oil
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,318.41/yr
Listed

Rooms

Main level

Foyer: 3.62 x 3.77 meters
Living room: 4.41 x 4.28 meters
Dining room: 3.43 x 4.86 meters
Kitchen: 7.84 x 4.26 meters

Basement

Bedroom 3: 2.87 x 3.26 meters
Kitchen: 3.77 x 4.93 meters
Living room: 3.97 x 4.95 meters
Other: 5.8 x 1.83 meters
Laundry room: 3.62 x 3.77 meters
Utility room: 2.78 x 1.57 meters

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave
Foundation: Concrete
Exterior: Brick

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Melancthon listings, avg age

94d

Price / ft²

$500

List price

$650K

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 3-bed single family in Melancthon has been listed for 84 days, which is 10 days fresher than the city average of 94. Act while there is still low competition.

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Listed by COLDWELL BANKER RONAN REALTY · MARC RONAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $650,000, about 6.2× the local median household income of $105,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$650,000· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$193/mo

Total monthly$3,575

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$9,475

Est. closing costs$4,450

Total cash needed$53,925

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