$925,000

For sale

585349 County Road 17, Melancthon - Single Family for Sale

585349 County Road 17, Melancthon, Ontario, L9V1Y9

4 beds2 baths9 parking1,300 ft²207 × 157 ft (32,562 sq ft) lot sizeListed 12 days ago

Overview

This 4-bedroom, 2-bathroom home in Melancthon is for sale offering roughly 1,300 sq ft of space. Listed at $925,000, it is attractively priced about 7% below the $995,000 median asking price in Melancthon. It has been on the market 12 days, fresher than the Melancthon average of 94 days.

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Description

Charming Brick Bungalow on 0.75 Acres - Country Living Meets Town Convenience! This charming brick bungalow on a 0.75-acre lot offers country living at its best, situated on a paved road just minutes from town and all essential amenities. The home features a well-designed layout with three generous bedrooms, including a primary retreat that walks out to a private deck perfect for enjoying morning coffees. A bright four-season sunroom extends the living space year-round, while three propane fireplaces provide warmth and character throughout. The finished walk-out basement enhances the home's functional square footage with seamless outdoor access. Completing this exceptional property is an attached garage with direct access to the home and a large driveway providing parking for up to 9 vehicles-delivering the ultimate blend of privacy, comfort, and convenience. (id:66096)

Property Details

MLS®: X14110952
Property Type: Single Family
Zoning: Residential
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 9
Interior Size: 1,300 ft²
Lot Size: 207 × 157 ft (32,562 sq ft)
Frontage: 207 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, Walk out, N/A, N/A
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes

Rooms

Lower level

Office: 3.94 x 3.65 meters
Family room: 6.32 x 7.58 meters
Laundry room: 3.29 x 3.87 meters

Ground level

Kitchen: 3.71 x 3.83 meters
Living room: 5.65 x 3.91 meters
Dining room: 3.78 x 3.22 meters
Sunroom: 4.41 x 2.98 meters
Primary Bedroom: 3.78 x 3.29 meters
Bedroom 2: 3.01 x 3.28 meters
Bedroom 3: 3.64 x 3.26 meters

Features

Appliances: Water softener, Water Heater
Flooring: Laminate, Parquet, Carpeted
Foundation: Block
Exterior: Brick

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Melancthon listings, avg age

94d

Price / ft²

$712

List price

$925K

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 4-bed single family in Melancthon has been listed for 12 days, which is 82 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Royal LePage Real Estate Associates · BRENT PRESSWOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $925,000, about 8.8× the local median household income of $105,000.

Carrying it typically needs a household income of about $180,685 (20% down, 25-yr amortization, stress-tested) — roughly 72% 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)

$925,000· $712/ft²

For sale

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Full Cost Breakdown

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Down Payment7.30% · $67,500

Min 7.30%50%

Mortgage payment$4,754/mo

↳ CMHC premium ($34,300 capitalized)

Property tax (est.)$306/mo

Total monthly$5,060

Cash Needed to Close

Down payment (7.30%)$67,500

Land transfer tax$14,975

Est. closing costs$5,275

Total cash needed$87,750

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