$2,900,000

For sale

718157 1ST Line East, Mulmur - Single Family for Sale

718157 1ST Line East, Mulmur, Ontario, L9V0G3

5 beds3 baths11 parking2,750 ft²550 × 2178 ft (27.50 acres) lot sizeListed 21 days ago

Overview

This 5-bedroom, 3-bathroom home in Mulmur is for sale offering roughly 2,750 sq ft of space. It has been on the market 21 days, fresher than the Mulmur average of 100 days.

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Description

Welcome to 40 private acres in Mulmur, where a spring-fed pond, inground pool and sports court are surrounded by beautiful patios and decks and established perennial gardens. At the heart of the property is a gracious post-and-beam home with soaring vaulted ceilings, a central stone fireplace and gleaming wood floors throughout the open-concept main living space. The large family-style kitchen offers a centre island with breakfast bar, and walkouts lead to multiple decks and patios and an enclosed porch, perfect for entertaining or quiet mornings. A library/den with stone floor features a circular staircase to a separate sleeping area, ideal for guests or extended family. The main-floor primary suite offers a walk-in closet and a view over the pond. The finished walkout basement provides lots of space for family and guests, with direct access to the yard and pool. Heated tile entry with walk-in boot room, detached heated and insulated 3-car garage with steel roof, Generac generator, central air, central vac, sprinkler system and drilled well. A rare country estate with room to live, play and entertain all within a short drive of Creemore, ski clubs, and golf venues. (id:66096)

Property Details

MLS®: X14030140
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 11
Interior Size: 2,750 ft²
Lot Size: 550 × 2178 ft (27.50 acres)
Frontage: 550 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Pool

Features

Foundation: Block
Exterior: Wood
Lot Features: Irregular lot size, Country residential

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Mulmur listings, avg age

100d

Price / ft²

$1,055

List price

$2.90M

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 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Mulmur has been listed for 21 days, which is 79 days fresher than the city average of 100. Act while there is still low competition.

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Listed by ROYAL LEPAGE RCR REALTY · SUZANNE LAWRENCE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $2,900,000, about 27.6× the local median household income of $105,000.

Carrying it typically needs a household income of about $566,472 (20% down, 25-yr amortization, stress-tested) — roughly 439% 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)

$2,900,000· $1,055/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $580,000

Min 20%50%

Mortgage payment$12,368/mo

Property tax (est.)$0/mo

Total monthly$12,368

Cash Needed to Close

Down payment (20%)$580,000

Land transfer tax$58,975

Est. closing costs$11,200

Total cash needed$650,175

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