$989,000
Melancthon
518079 County Road 124, Melancthon, Ontario, L9V1V8
This 5-bedroom, 3-bathroom home in Melancthon is for sale offering roughly 3,250 sq ft of space. Its $989,000 asking price sits right in line with the $995,000 median in Melancthon. It has been on the market 60 days, fresher than the Melancthon average of 93 days.
Top 5 Reasons You Will Love This Home: 1) Embrace peaceful country living surrounded by beautiful farmland with no direct neighbours, offering an exceptional sense of privacy while remaining just 10 minutes from Shelburne and approximately 30 minutes from Orangeville and Collingwood 2) Spread out across over 3,000 square feet of finished living space with five bedrooms and three full bathrooms, providing plenty of room for the whole family, along with the everyday convenience of main level laundry and a three-piece bathroom 3) Take advantage of a separate main level in-law or rental suite, complete with its own private entrance and breaker panel, creating a flexible space for extended family, overnight guests, a home-based setup, or potential additional income 4) Make the most of exceptional garage and outdoor space with an oversized garage, a detached insulated two-car garage, and multiple outbuildings offering ample room for vehicles, hobbies, storage, and recreational toys, while a raised garden, apple and pear trees, raspberry bushes, a hot tub, patio, gazebo, and pet invisible fence create an inviting outdoor setting to garden, gather, entertain, and enjoy the peaceful country surroundings 5) Move in knowing many of the major updates have already been completed, including the windows, well, mechanical systems, metal roof, air conditioning, and appliances, with a 22kW whole-home generator adding valuable peace of mind during power outages. 3,094 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 60 days on market, against an average age of 93 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 5-bed single family in Melancthon has been listed for 60 days, which is 33 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $989,000, about 9.4× the local median household income of $105,000.
Carrying it typically needs a household income of about $193,186 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9V)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.