$1,599,000

$1,650,000For salePrice drop↓ $51,000 (3%)

397061 5th Line, Melancthon - Single Family for Sale

397061 5th Line, Melancthon, Ontario, L9V1R2

3 beds3 baths22 parking2,750 ft²706 × 2219 ft (35.96 acres) lot sizeListed 42 days ago

Overview

This 3-bedroom, 3-bathroom home in Melancthon is for sale offering roughly 2,750 sq ft of space. It has been on the market 42 days, fresher than the Melancthon average of 94 days.

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Description

47 acres with custom built home in a beautifully private and natural setting. Situated to overlook the ponds, the 2800 square foot home features soaring ceilings, timber accents, a natural stone fireplace in the living room (with pizza oven!) and a screened in 12x22 three-season porch that immerses you in the natural surroundings. The well-appointed galley kitchen features a breakfast bar with cozy dinette, while a spacious dining room with wet-bar is steps away. The main level features 2 bedrooms, one with a pellet stove, a 5 piece bathroom, a powder room and laundry. The second level suite is filled with natural light and includes a walk-in closet and 3 piece ensuite. A 24x43 detached garage with one roll up door and a 21x24 portion insulated and heated with a wett certified woodstove (2025). There is also a 2 storey bunkie with hydro, a covered front porch and views over the field. With cut trails through the bush, walking trails around the fields and ponds and an abundance of wildlife, this is a special place for those looking for a quiet retreat or a great place to entertain. (id:66096)

Property Details

MLS®: X13820248
Property Type: Single Family
Zoning: R & Environmental Conservation
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 22
Interior Size: 2,750 ft²
Lot Size: 706 × 2219 ft (35.96 acres)
Frontage: 706 ft
Style: Contemporary
Basement: Unfinished, Crawl space
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes

Rooms

Main level

Living room: 4.7 x 6.63 meters
Foyer: 2.16 x 4.72 meters
Kitchen: 5.44 x 5.49 meters
Dining room: 3.48 x 7.01 meters
Mud room: 1.68 x 2.49 meters
Bedroom: 4.72 x 6.63 meters
Bedroom: 3.51 x 4.06 meters
Sunroom: 3.66 x 6.86 meters

Upper Level

Primary Bedroom: 4.06 x 6.6 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, Central Vacuum, Dishwasher, Stove, Dryer, Garage door opener remote(s), Water Heater
Foundation: Block
Exterior: Stone
Lot Features: Wooded area, Irregular lot size, Open space, Flat site, Wetlands, Lighting, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Melancthon listings, avg age

94d

Price / ft²

$581

List price

$1.60M

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 42 days, which is 52 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Royal LePage RCR Realty · CARRIE RUSSELL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $1,599,000, about 15.2× the local median household income of $105,000.

Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 197% 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)

$1,599,000· $581/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $319,800

Min 20%50%

Mortgage payment$6,819/mo

Property tax (est.)$536/mo

Total monthly$7,355

Cash Needed to Close

Down payment (20%)$319,800

Land transfer tax$28,455

Est. closing costs$7,297

Total cash needed$355,552

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