$699,900

For sale

758016 2nd Line East, Mulmur - Single Family for Sale

758016 2nd Line East, Mulmur, Ontario, L9V0G8

2 beds2 baths5 parking1,300 ft²110 × 160 ft (17,632 sq ft) lot sizeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom home in Mulmur is for sale offering roughly 1,300 sq ft of space. It has been on the market 15 days, fresher than the Mulmur average of 100 days.

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Description

COUNTRY CHARM. BACKYARD OASIS. DREAM SHOP. Welcome to Terra Nova! Set on a beautiful 0.4-acre lot in the rolling hills of Mulmur, this charming 1- 1/2 storey home offers an incredible combination of character, lifestyle and versatility. Inside, enjoy an open-concept main floor featuring new flooring, a renovated bathroom, stunning 100-year-old hemlock beams and a cozy wood stove. Two upper-level bedrooms provide comfortable, peaceful retreats. Outside is where this property truly shines. The beautifully landscaped backyard features a 24-ft chlorinated pool, covered patio and plenty of space for entertaining and enjoying country summers. The standout feature is the impressive 24' x 40' heated shop-ideal for the hobbyist, mechanic, entrepreneur or collector. With abundant workspace and storage, 60-amp service and a spacious upper level, it offers exceptional flexibility and potential for future secondary uses, subject to applicable approvals. Recent upgrades include a brand-new roof with warranty (Oct. 2026), 200-amp electrical panel (2024), water softener (2025), new main-level flooring and fibre-optic internet. Located in the peaceful hamlet of Terra Nova, just 10 minutes to Creemore and minutes from Airport Road, Mansfield Ski Club, the Bruce Trail and Pine River. A rare opportunity to enjoy country living with the space to live, work, play and entertain-all in one exceptional property. (id:66096)

Property Details

MLS®: X14099600
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 110 × 160 ft (17,632 sq ft)
Frontage: 110 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Propane, Wood
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Fireplace: Yes
Pool

Rooms

Main level

Kitchen: 4.27 x 4.87 meters
Living room: 4.27 x 3.96 meters
Dining room: 3.34 x 5.18 meters
Mud room: 4.27 x 3.35 meters

Second level

Primary Bedroom: 4.27 x 3.04 meters
Bedroom 2: 3.2 x 4.57 meters

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

Features

Appliances: Water softener, Water Treatment, Water Heater
Flooring: Vinyl
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Flat site, Carpet Free, Sump Pump

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Mulmur listings, avg age

100d

Price / ft²

$538

List price

$700K

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 2-bed single family in Mulmur has been listed for 15 days, which is 85 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 · BRUCE D. GALE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9V)

This home lists at $699,900, about 6.7× the local median household income of $105,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 30% 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)

$699,900· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$179/mo

Total monthly$3,810

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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