$749,900
Melancthon
517578 County Road 124, Melancthon, Ontario, L9V1V7
This 3-bedroom, 2-bathroom home in Melancthon is for sale offering roughly 1,750 sq ft of space. Listed at $749,900, it is attractively priced about 25% below the $995,000 median asking price in Melancthon. It has been on the market 48 days, fresher than the Melancthon average of 92 days.
Welcome to your country escape! Set on 2.76 acres in Melancthon, this beautifully updated farmhouse offers the perfect blend of classic country charm and modern comfort, with over 1,900 sq. ft. of living space. Thoughtfully renovated by a previous owner who was a contractor, the home was stripped back to the exterior walls and re-insulated with spray foam insulation, new drywall, and updated electrical. Additional improvements include new windows and doors, hardwood flooring, and exterior stucco all completed between 2013-2015. The home features 3 bedrooms, 2 full bathrooms, a custom kitchen with granite countertops and large centre island, and convenient main floor laundry. The main floor living room showcases a beautiful fieldstone fireplace with a wood stove insert, creating a cozy ambiance and offering a practical supplemental heating source. A fully unfinished basement provides exciting potential for future expansion, allowing you to customize the space to suit your family's needs. Outside, enjoy 2.76 acres of space, an attached one-car garage, and plenty of room for outdoor activities, hobbies, and future plans. Three-phase power is available at the road, offering potential flexibility for buyers whose business needs may benefit from this type of electrical service, subject to verification and applicable approvals. Whether you're looking for more space for your family, a peaceful country setting, or a property with room to grow, this Melancthon farmhouse offers an exciting opportunity to make country living your own. (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: 48 days on market, against an average age of 92 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 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.
This 3-bed single family in Melancthon has been listed for 48 days, which is 44 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,900, about 7.1× the local median household income of $105,000.
Carrying it typically needs a household income of about $146,482 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9V)
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