$1,299,000

For sale

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476407 3rd Line, Melancthon - Single Family for Sale

476407 3rd Line, Melancthon, Ontario, L9V1T4

3 beds2 baths10 parking ft²

476210 3rd Line, Melancthon, Ontario, L9V1T3

4 bd3 ba6 pk1,750 ft²Lot size 200 × 230 ft (1.05 acres)

Listed by RE/MAX REAL ESTATE CENTRE INC.

9 Oldfield Court, Melancthon, Ontario, L9V3G7

For sale

12 days ago

$1.30M

9 Oldfield Court, Melancthon, Ontario, L9V3G7

5 bd3 ba12 pk2,250 ft²Lot size 200 × 547 ft (2.51 acres)

Listed by ROYAL LEPAGE CERTIFIED REALTY

585349 County Road 17, Melancthon, Ontario, L9V1Y9

For sale

12 days ago

$925K

585349 County Road 17, Melancthon, Ontario, L9V1Y9

4 bd2 ba9 pk1,300 ft²Lot size 207 × 157 ft (32,562 sq ft)

Listed by Royal LePage Real Estate Associates

197 Main Street, Melancthon, Ontario, L9V1X7

For sale

16 days ago

$565K

197 Main Street, Melancthon, Ontario, L9V1X7

3 bd1 ba2 pk900 ft²Lot size 66 × 165 ft (10,890 sq ft)

Listed by RE/MAX HALLMARK CHAY REALTY

Investment analysis

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$1,299,000

Melancthon

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199 × 2202 ft (10.06 acres) lot size

Overview

This 3-bedroom, 2-bathroom home in Melancthon is for sale offering roughly 1,300 sq ft of space. It has been on the market 47 days, fresher than the Melancthon average of 94 days.

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

Description

Amazing 46 plus acres lot with 2 story detached house, surrounded by approved estate residential lots. 2 minutes drive to Shelburne. (id:66096)

Property Details

MLS®: X13805082
Property Type: Single Family
Zoning: Residential with farmland
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 10
Interior Size: 1,300 ft²
Lot Size: 199 × 2202 ft (10.06 acres)
Frontage: 199 ft
Storeys: 2
Basement: Full
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $4,500/yr
Listed: 47 days ago

Rooms

Main level

Kitchen
Dining room
Family room
Laundry room

Second level

Primary Bedroom
Bedroom 2
Bedroom 3

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings
Foundation: Block
Exterior: Stucco
Lot Features: Irregular lot size, Flat site

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Melancthon listings, avg age

94d

Price / ft²

$999

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 3-bed single family in Melancthon has been listed for 47 days, which is 47 days fresher than the city average of 94. Act while there is still low competition.

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Listed by HOMELIFE MAPLE LEAF REALTY LTD. · BALWINDER SINGH

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· $999/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$375/mo

Total monthly$6,995

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

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