Description

HUGE HST INCENTIVE ALERT!! For a limited time, qualified buyers can take advantage of Government HST rebate relief while securing a brand-new custom home by Melchers Developments Inc., a family-owned builder proudly crafting exceptional homes since 1987. TO BE BUILT in prestigious EdgeWater Estates, one of Southwestern Ontario's premier estate communities, this stunning 2-storey home offers 2,952 sq ft with 4 bedrooms, 3.5 bathrooms, a main floor study, spacious Great Room with gas fireplace, designer kitchen with island & pantry, generous dining area, luxurious primary suite with sitting area, walk-in closet & spa-inspired ensuite, upper-level laundry & attached 2-car garage. Personalize your finishes & enjoy the exceptional craftsmanship, quality & attention to detail Melchers is known for. EdgeWater Estates offers estate-style living surrounded by protected green space, scenic walking trails, water features, the Thames River & nearby provincial parklands, all just minutes from London's west end, Highway 402, excellent schools, golf, recreation, shopping & everyday amenities. Build the home you've always envisioned in a community where luxury, nature & convenience come together. Visit our model homes at 110 Timberwalk Trail, Ilderton & Lot #25-29 Dearing Dr., Grand Bend, open most Saturdays & Sundays from 2-4 p.m. Note: Photos are from a previous model home & may show upgrades not included in the price & are for reference only. (id:66096)

Property Details

MLS®: X13642892
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 66 × 125 ft (8,200 sq ft)
Frontage: 66 ft
Storeys: 2
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Inside Entry
Fireplace: Yes
Ownership: Freehold
Listed: 91 days ago

Rooms

Main level

Foyer: 2.34 x 2.31 meters
Study: 3.05 x 3.61 meters
Kitchen: 4.83 x 3.81 meters
Pantry: 3.66 x 1.83 meters
Dining room: 4.83 x 3.35 meters
Great room: 5.18 x 4.57 meters
Mud room: 4.67 x 1.52 meters

Second level

Bedroom 4: 3.66 x 3.66 meters
Laundry room: 2.92 x 2.49 meters
Primary Bedroom: 6.1 x 4.88 meters
Bedroom 2: 4.5 x 3.68 meters
Bedroom 3: 3.66 x 3.66 meters

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

Features

Appliances: Garage door opener remote(s), Water Heater - Tankless
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Stone, Vinyl siding
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Middlesex Centre (Kilworth) listings, avg age

89d

Price / ft²

$455

List price

$1.25M

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N0L)

This home lists at $1,249,900, about 12.5× the local median household income of $100,000.

Carrying it typically needs a household income of about $244,149 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$1,249,900· $455/ft²

For sale

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Full Cost Breakdown

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Down Payment8.00% · $99,990

Min 8.00%50%

Mortgage payment$6,375/mo

↳ CMHC premium ($45,996 capitalized)

Est. property tax$0/mo

Total monthly$6,375

Cash Needed to Close

Down payment (8.00%)$99,990

Land transfer tax$21,473

Est. closing costs$6,250

Total cash needed$127,713

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#Lot #58 34 Bayshore Drive, Middlesex Centre (Kilworth) - Single Family for Sale